BWA Insider Notice: 8,772 Shares via Charles Schwab on NYSE
Rhea-AI Filing Summary
BorgWarner Inc. (BWA) filed a Form 144 notice for a proposed sale of 8,772 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $371,184 and an approximate sale date of 09/02/2025 on the NYSE. The filing lists the acquisition sources and dates for the shares to be sold: restricted stock lapses on 04/24/2024 (3,752 shares) and 04/24/2025 (4,903 shares), and dividend payouts on 04/24/2024 (48 shares) and 04/24/2025 (69 shares); all were received from BorgWarner Inc. and paid as equity compensation. The filer reports no securities sold in the past three months and certifies no undisclosed material adverse information.
Positive
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Negative
- None.
Insights
TL;DR Routine insider sale notice specifying 8,772 shares (~$371k) sourced from equity compensation; no recent sales reported.
The Form 144 documents a proposed sale under Rule 144 of 8,772 common shares via Charles Schwab, valued at $371,184, with proceeds arising from equity compensation events dated 04/24/2024 and 04/24/2025. The filing states no securities were sold in the prior three months. This is a standard disclosure required for restricted or control securities being sold into the public market and does not, by itself, indicate material corporate change.
TL;DR Disclosure meets Rule 144 procedural requirements; shows compensation-related share vesting and planned sale through a broker.
The notice identifies the broker (Charles Schwab & Co., Inc.), the exchange (NYSE), and the exact lot-level acquisition history (restricted stock lapses and dividend payout dates and quantities). The filer attests to lack of undisclosed material adverse information. From a governance perspective, this provides transparency about insider liquidity sourced from equity compensation but contains no evidence of unusual timing or aggregation of recent sales.