William E. Kassling's holdings in Wabtec have shown remarkable fluctuations over the years. For instance, in late 2021, his stock portfolio peaked at around $100.51 million, indicating considerable trust in the company's growth trajectory. His initial holdings were significantly less,...
William E. Kassling's holdings in Wabtec have shown remarkable fluctuations over the years. For instance, in late 2021, his stock portfolio peaked at around $100.51 million, indicating considerable trust in the company's growth trajectory. His initial holdings were significantly less, but over years of service and successful leadership, the value appreciated, leading to impressive figures by early 2024, where his holdings were around $140.14 million. This consistent growth in his stock value is reflective of his strategic approaches and the health of Wabtec. Interestingly, Kassling had 475,000 shares pledged in a margin account with a zero loan balance as of late 2018, showcasing both risk exposure and confidence. His years at Wabtec demonstrate how his stake in the company aligns with shareholder interests, making him invested in Wabtec's long-term performance.