BWA Form 144: 5,000-share sale from vested RSUs; prior August sales noted
Rhea-AI Filing Summary
BorgWarner reported a Form 144 notice disclosing a proposed sale of 5,000 shares of its common stock with an aggregate market value of $202,500 and an approximate sale date of 08/13/2025. The shares were acquired on 02/28/2022 through the vesting of restricted stock units granted under the issuer's equity compensation plan. The filing lists 216,392,876 shares outstanding and identifies Merrill Lynch as the broker. The filing also reports prior sales by the same person of 20,000 shares on 08/04/2025 for $763,383.17 and 15,000 shares on 08/12/2025 for $589,718.34. The signer certifies they are unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale disclosed; amounts are modest versus outstanding shares and present a neutral market impact.
The Form 144 shows a proposed disposition of 5,000 shares (aggregate value $202,500) arising from RSU vesting on 02/28/2022. Recent aggregated sales by the same person total 35,000 shares generating roughly $1.35 million in gross proceeds during August 2025. Given the issuer's listed outstanding share count of 216,392,876, these transactions represent a de minimis fraction of the equity base and are unlikely to be material to the company’s capitalization or near-term trading dynamics. The filing meets standard Rule 144 disclosure elements.
TL;DR: Disclosure indicates a routine sale of vested equity; documentation appears compliant with Rule 144 requirements.
The notice identifies the securities as vested restricted stock units and specifies acquisition and intended sale dates, broker, and past sales, which aligns with required insider reporting. The filer affirms no undisclosed material adverse information. There are no stated indications of unusual arrangements or conditions in the filing text provided. From a governance perspective, the filing is a routine insider liquidity event rather than a governance concern based on the information presented.