BorgWarner (NYSE: BWA) VP sells 2,500 shares, keeps over 233,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. Vice President Stefan Demmerle reported an open-market sale of 2,500 shares of common stock at a price of $53.03 per share. After this transaction, he holds 233,746 shares directly. The sale represents a small portion of his reported holdings and does not involve any derivative exercises or gifts in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($132,575)
Net Sell
1 txn
Insider
Demmerle Stefan
Role
Vice President
Sold
2,500 shs ($133K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $53.03 | $133K |
Holdings After Transaction:
Common Stock — 233,746 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did BorgWarner (BWA) report for Stefan Demmerle?
BorgWarner reported that Vice President Stefan Demmerle sold 2,500 shares of common stock. The sale was an open-market transaction at $53.03 per share, and it was recorded on a Form 4 insider trading report.
Was the BorgWarner (BWA) insider trade a buy or a sell?
The transaction was a sell. Vice President Stefan Demmerle conducted an open-market sale of 2,500 shares of BorgWarner common stock, as indicated by the Form 4 transaction code “S” and the description of an open-market sale.
Did the BorgWarner (BWA) Form 4 include any option exercises or derivative trades?
No derivative or option exercises were included in this Form 4. The filing shows only a single non-derivative transaction, an open-market sale of 2,500 shares of BorgWarner common stock, with no remaining derivative positions listed.
What is the scale of the BorgWarner (BWA) insider sale relative to Demmerle’s holdings?
The 2,500 shares sold are small compared with Demmerle’s 233,746 shares held after the transaction. This indicates a limited reduction in his direct BorgWarner ownership based on the figures disclosed in the Form 4.