SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.
Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.
| Insider | Role | Date | Transaction | Shares | Value |
|---|---|---|---|---|---|
| Santana Rafael | President and CEO, Director | 2026-09-02 | Open-market sell 10b5-1 | 370 | $103K |
| Santana Rafael | President and CEO, Director | 2026-09-02 | Open-market sell 10b5-1 | 323 | $91K |
| Santana Rafael | President and CEO, Director | 2026-09-02 | Open-market sell 10b5-1 | 268 | $75K |
| Santana Rafael | President and CEO, Director | 2026-09-02 | Open-market sell 10b5-1 | 126 | $36K |
| Santana Rafael | President and CEO, Director | 2026-09-01 | Open-market sell 10b5-1 | 194 | $54K |
| Santana Rafael | President and CEO, Director | 2026-09-01 | Open-market sell 10b5-1 | 590 | $165K |
| Santana Rafael | President and CEO, Director | 2026-09-01 | Open-market sell 10b5-1 | 194 | $54K |
| Santana Rafael | President and CEO, Director | 2026-09-01 | Open-market sell 10b5-1 | 118 | $33K |
| Mendonca Rogerio | President, Equipment Group | 2026-08-21 | Open-market sell | 2910 | $864K |
| Mendonca Rogerio | President, Equipment Group | 2026-08-21 | Open-market sell | 9 | $3K |
| Fetsko Michael | Pres., Freight Components Grp. | 2026-08-20 | Open-market sell | 2962 | $868K |
| Fetsko Michael | Pres., Freight Components Grp. | 2026-08-20 | Open-market sell | 288 | $85K |
| Sbrocco Gregory | EVP Operations | 2026-08-17 | Open-market sell 10b5-1 | 952 | $286K |
| Santana Rafael | President and CEO, Director | 2026-08-05 | Open-market sell 10b5-1 | 397 | $118K |
| Santana Rafael | President and CEO, Director | 2026-08-05 | Open-market sell 10b5-1 | 518 | $154K |
| Santana Rafael | President and CEO, Director | 2026-08-05 | Open-market sell 10b5-1 | 194 | $58K |
| Santana Rafael | President and CEO, Director | 2026-08-05 | Open-market sell 10b5-1 | 54 | $16K |
| Santana Rafael | President and CEO, Director | 2026-08-04 | Open-market sell 10b5-1 | 80 | $24K |
| Santana Rafael | President and CEO, Director | 2026-08-04 | Open-market sell 10b5-1 | 120 | $36K |
| Santana Rafael | President and CEO, Director | 2026-08-04 | Open-market sell 10b5-1 | 334 | $100K |
Fiscal period ending 2025-12-31 versus 2024-12-31 — view filing on EDGAR →
A 37.5% surge in total debt to $5.5B is the dominant shift, materially worsening the leverage profile and amplifying downside sensitivity across the rest of the risk picture. New goodwill impairment triggers tied to stock price and growth slowdowns compound the balance-sheet vulnerability, while freshly named AI competitive threats and tariff/geopolitical supply-chain risks broaden the operational exposure. No single change reaches existential severity, but the worsening is consistent across four distinct themes.
1 company-specific · 3 common-mode
Total debt increased 37.5% from $4.0B to $5.5B year-over-year, materially worsening leverage and financial risk profile.
RISKS RELATED TO OUR INDEBTEDNESS Our indebtedness could adversely affect our financial health. At December 31, 2025, we had total debt of $5.5 billion, primarily related to Senior Notes and credit…
New disclosure of goodwill impairment risk with specific triggers (stock price decline, lower results, slower growth) and potential material non-cash charges to earnings.
We intend to pursue acquisitions, joint ventures and alliances that involve a number of inherent risks, any of which may cause us not to realize anticipated benefits. One aspect of our business…
Addition of AI as a specific, accelerating technological threat escalates the risk from generic innovation concerns to a concrete, near-term competitive pressure.
We may fail to respond adequately or in a timely manner to innovative changes in new technology. In recent years, the global transportation landscape has been characterized by rapid changes in…
Added explicit reference to "heightened global geopolitical uncertainty" and new risk factor "tariffs" alongside existing inflation/cost pressures, escalating supply chain risk profile.
Disruption of our supply chain could have an adverse impact on our business, financial condition, and results of operations. Our ability to make, move, and sell our products is critical to our…
Wabtec issued a press release on July 22, 2026 reporting second quarter 2026 financial results with Q2 sales of $3.18B (+17.5% YOY), GAAP diluted EPS of $2.33 (+18.9% YOY), and adjusted diluted EPS of $2.76 (+21.6% YOY), along with raised full-year 2026 revenue and adjusted EPS guidance.
View raw filing on EDGAR →