---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-006569"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T15:13:55.192387+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wabtec increases quarterly dividend 13% to $0.17/share and authorizes $750M share repurchase increase

## Summary
- Quarterly dividend raised 13% to $0.17 per share; payable March 10, 2023 to holders of record Feb 24.
- Board authorized $750 million increase in share repurchase program; total available now $750 million.
- Amended bylaws to update proxy mechanics, including SEC universal proxy card rules (effective Feb 10, 2023).
- No other financial or operational updates provided in the filing.

## SEC filing metadata
- accession: 0001140361-23-006569
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000114036123006569/0001140361-23-006569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000114036123006569/ny20007491x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-006569
- JSON: https://secwatch.observer/filing/0001140361-23-006569.json
- Plain text: https://secwatch.observer/filing/0001140361-23-006569.txt

## Key facts
- Governance Changes
  WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP: Updated procedural mechanics for stockholder nominations and proposals, incorporating universal proxy card rules, and made conforming changes (effective 2023-02-10).
  - Change: bylaw amendment
  - Effective: 2023-02-10
  source text: On February 10, 2023, as part of its periodic review of corporate governance matters and in connection with the new Securities and Exchange Commission rules regarding "universal" proxy cards, the Board of Directors (the “Board”) of Westinghouse Air Brake Technologies Corporation (the “Company”) approved an amendment and restatement of the Company’s Amended and Restated Bylaws (as amended and restated, the “Amended Bylaws”), effective as of such date. The amendments, among other things: • update the procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals, including to address rules related to the use of “universal” proxy cards adopted by the Securities and Exchange Commission under new Rule 14a-19 and information to be provided in connection with a stockholder director nomination or submission of non-Rule 14a-18 proposals; • require that a stockholder soliciting proxies from other stockholders use a proxy card
  evidence_url: https://www.sec.gov/Archives/edgar/data/943452/000114036123006569/0001140361-23-006569-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.