WAB President Mendonca sells 3,500 shares for $924.7K at $264.21, reducing holdings 25.7% near 52-week high
Mendonca Rogerio, President of the Equipment Group, executed two separate sales totaling 3,500 shares for $924,719.37 on 2026-02-20 at prices of $263.74 and $264.59, reducing his holdings from 13,601 to 10,101 shares. The sale occurred near the 52-week high ($264.78), with the blended average price of $264.21 trading only 0.7% below peak levels despite a 30-day surge of +14.3%. His prior four sales at WAB have demonstrated a 100% well-timed pattern at the 90-day mark, all posting negative subsequent returns. The current P/E of 34.64 and the stock's steep 27.6% 90-day appreciation may contextualize a discretionary reduction at elevated valuation, though the position remains substantial at 10,101 shares post-transaction.