Deninno David L

Westinghouse Air Brake exec VP sells $663.7K in shares; stock near all-time highs despite mixed prior exit timing

Executive VP and General Counsel Deninno David L sold 2,500 shares as the stock trades near its 52-week high after a sustained rally over the past quarter. This represents the executive's eighth sale in WAB over roughly eighteen months—a consistent pattern of selling rather than buying. However, the timing of his prior exits has been mixed: four of his five most recent previous sales were followed by stock gains over the subsequent period, suggesting poor exit timing, while one preceded a modest decline. The company itself remains profitable with growing revenue and trades at a premium valuation, which could explain why an executive with deep operational knowledge is continuing to trim holdings at elevated prices. This sale occurs while the stock is in strong price territory, adding context to what might otherwise appear as routine portfolio management from an officer.

WAB: DeNinno (Exec VP, General Counsel) sold 5,000 shares at $214.62 on 2025-12-04; holdings down to 50.4K.

DeNinno sold 5,000 shares at $214.62, reducing holdings by 9.0% to 50,450 shares. At WAB specifically, his prior 4 measurable sales show mixed outcomes (ranging from -4.1% to +25.4% over 90 days), with only 1 of 4 well-timed at the 90-day horizon—a modest 25% success rate on this ticker. His cross-ticker track record across 6 prior sells shows an average 90-day return of +3.8% with a 40.00% well-timed rate, indicating his open-market sells have modestly favored rising prices after the trade. The current stock price of $214.95 is at the 52-week high, and the sale occurs within a context of strong recent momentum (+4.3% in 30 days, +11.3% in 90 days). The sale itself is modest in scale relative to his remaining holdings, and without scheduled trade flags or clustering data, the signal is material but not exceptional.

David L DeNinno (Exec VP, General Counsel) sold 5,000 shares of WAB at $209.94, reducing holdings by -8.3%; mixed timing history at this ticker

DeNinno sold 5,000 shares at $209.94, reducing his WAB holdings from 60,450 to 55,450 shares. The transaction occurred near the 52-week high ($214.38), with the stock currently trading at $203.92, down 4.9% from peak. His same-ticker history at WAB shows mixed timing: 2 of 5 prior sells were well-timed at the 90-day mark, while 3 were not, indicating no consistent pattern of prescient exits at this company. His cross-ticker track record shows a 40.00% well-timed rate across all holdings, suggesting modest but not exceptional predictive timing. The stock has appreciated 3.4% over 30 days and 7.8% over 90 days from an unspecified prior date, and carries a P/E of 29.55, reflecting current market valuation. This sale is routine in magnitude and provides limited directional signal given the absent pattern.

Exec VP/General Counsel DeNinno sells 3,000 WAB shares at $201.05; stock up 9.5% in 30d, down 5.0% from 52-week high.

David L. DeNinno, Executive Vice President and General Counsel, sold 3,000 shares (3.0K shares) at $201.05 on 2025-05-22, reducing his holdings by 4.7% to 60,450 shares. The transaction occurs as WAB trades 5.0% below its 52-week high of $209.86 but is up 9.5% over the past 30 days, signaling recent momentum near elevated valuations. DeNinno's same-ticker trade history at WAB shows mixed timing precision: his prior two measurable sales (2024-10-24 and 2024-02-21) were followed by positive returns (+5.6% and +6.0% at 30 days), meaning the stock rose after he sold—outcomes that would characterize those sales as poorly timed from a call perspective. His cross-ticker track record shows an average 90-day return of +7.6% across all tickers with a 33.33% well-timed rate, indicating inconsistent predictive value on larger timescales. The fundamentals remain solid: $2.6B quarterly revenue, $322.0M net income, and 7.3% annual revenue growth, though the P/E of 30.85 reflects premium valuation. This sale appears discretionary and routine rather than a signal of material concern.

DeNinno (Exec VP, General Counsel) sold 3.0K WAB shares at $191.82; holds 63.4K post-trade.

DeNinno sold 3,000 shares at $191.82 on 2025-05-02, reducing holdings from 66,450 to 63,450 shares—a -4.5% reduction in holdings. His cross-ticker track record shows 3 prior sells with an average 90-day return of +7.6% after the sales and a well-timed rate of 33.33%, indicating that prior sells did not consistently precede declines. At WAB specifically, his three prior sales yielded mixed timing: two showed strong 90-day gains (2024-10-24 at +9.8%, 2024-02-21 at +25.4%), while one showed a decline (2023-07-31 at -12.3%), with only 1 of 3 being well-timed. The current stock price of $189.19 is -9.8% from the 52-week high and has risen +17.6% over the past 30 days since the transaction, suggesting the market has not yet moved lower post-sale. Against fundamentals of $2.6B revenue, $322.0M net income, and a P/E of 29.29, this modest single-transaction sale carries limited signaling weight without additional context on market conditions or planned future activity.

Exec VP DeNinno sold 10,000 WAB shares at $188.60; stock now $190.85; holds 55,352 post-sale.

DeNinno David L, Exec VP and General Counsel, sold 10,000 shares (55.4K remaining) on 2024-10-24 at $188.60, when the stock was near its 52-week high of $191.15. The sale occurred as the company reported strong quarterly fundamentals: $2.7B revenue and $283.0M net income, with annual revenue growth of +15.7%. At a P/E of 30.98, WAB is trading at a premium valuation. Prior to this transaction, DeNinno had executed two same-ticker sales (2024-02-21 at +25.4% 90d return, 2023-07-31 at -12.3% 90d return), showing mixed timing outcomes at this specific stock. The current $190.85 price sits 0.2% below the 52-week high, indicating the sale occurred near a local peak in a strong-performing asset.