SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WRIGHT THOMAS W

(Last)

(First)

(Middle)

900 OLD FREEPORT ROAD

(Street)

PITTSBURGH

15238

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PORTEC RAIL PRODUCTS INC [ PRPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/14/2006		S		2,100	D	$9.6497	251,400	I	By Partnership
Common Stock	09/14/2006		S		600	D	$9.5997	250,800	I	By Patrnership
Common Stock	09/14/2006		S		300	D	$9.6397	250,500	I	By Partnership
Common Stock	09/14/2006		S		299	D	$9.6597	250,201	I	By Partnership
Common Stock	09/14/2006		S		1,801	D	$9.5497	248,400	I	By Partnership
Common Stock	09/14/2006		S		998	D	$9.4597	247,402	I	By Partnership
Common Stock	09/14/2006		S		200	D	$9.3597	247,202	I	By Partnership
Common Stock	09/14/2006		S		560	D	$9.4297	246,642	I	By Partnership
Common Stock	09/14/2006		S		986	D	$9.3497	245,656	I	By Partnership
Common Stock	09/14/2006		S		300	D	$9.5297	245,356	I	By Partnership
Common Stock	09/14/2006		S		1,062	D	$9.3697	244,294	I	By Partnership
Common Stock	09/14/2006		S		100	D	$9.8196	244,194	I	By Partnership
Common Stock	09/14/2006		S		699	D	$9.4497	243,495	I	By Partnership
Common Stock	09/14/2006		S		1,000	D	$9.8097	242,495	I	By Partnership
Common Stock	09/14/2006		S		300	D	$9.8996	242,195	I	By Partnership
Common Stock	09/14/2006		S		200	D	$9.7696	241,995	I	By Partnership
Common Stock	09/14/2006		S		200	D	$9.7796	241,795	I	By Partnership
Common Stock	09/14/2006		S		1,059	D	$9.4997	240,736	I	By Partnership
Common Stock	09/14/2006		S		100	D	$9.7796	240,636	I	By Partnership
Common Stock	09/14/2006		S		500	D	$9.7497	240,136	I	By Partnership
Common Stock	09/14/2006		S		400	D	$9.4963	239,736	I	By Partnership
Common Stock	09/14/2006		S		400	D	$9.9397	239,336	I	By Partnership
Common Stock	09/14/2006		S		198	D	$9.7197	239,138	I	By Partnership
Common Stock	09/14/2006		S		295	D	$9.7097	238,843	I	By Partnership
Common Stock	09/14/2006		S		100	D	$9.6997	238,743	I	By Partnership
Common Stock	09/14/2006		S		700	D	$9.4197	238,043	I	By Partnership
Common Stock	09/14/2006		S		100	D	$9.6297	237,943	I	By Partnership
Common Stock	09/14/2006		S		100	D	$9.5697	237,843	I	By Partnership
Common Stock	09/14/2006		S		1,000	D	$9.5597	236,843	I	By Partnership
Common Stock								296	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Alicia M. Faderewski, pursuant to power of attorney	09/18/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.