STOCK TITAN

BorgWarner director plans sale of 5,000 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

BORGWARNER INC (BWA) received a Rule 144 notice for a proposed sale of common stock held for the account of director Michael S. Hanley. The filing indicates that up to 5,000 shares of common stock may be sold through Raymond James & Associates, with an aggregate market value of $327,507.30, and a proposed sale date of August 31, 2026 on the NYSE. The shares to be sold were originally acquired as Board Compensation on multiple dates between 2018 and 2019 from the issuer.

Positive

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Negative

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Shares of common stock proposed to be sold 5,000 shares Number of BorgWarner Inc. common shares listed in the Form 144 securities information section
Aggregate market value of shares $327,507.30 Market value associated with 5,000 shares of BorgWarner Inc. common stock in the Form 144
Proposed sale date 08/31/2026 Date associated with the proposed sale of the 5,000 common shares on the NYSE
Board compensation acquisition date 04/25/2019 One of several dates on which common shares were acquired as Board Compensation from the issuer
Board compensation acquisition date 04/26/2018 Another date on which common shares were acquired as Board Compensation from the issuer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Board Compensation financial
"Common | 04/25/2019 | Board Compensation | Issuer"
attorney-in-fact regulatory
"as attorney-in-fact for Michael Hanley"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing for BWA disclose about planned share sales?

The Form 144 notice discloses a proposed sale of up to 5,000 shares of BorgWarner Inc. common stock held for director Michael S. Hanley, to be sold through Raymond James & Associates under Rule 144, with an aggregate market value of $327,507.30.

Who is the selling security holder in BorgWarner (BWA)'s Form 144?

The shares are being sold for the account of Michael S. Hanley, identified as a Director of BorgWarner Inc. The Form 144 is signed by a representative of Raymond James & Associates as attorney-in-fact for Michael Hanley.

How many BorgWarner (BWA) shares are covered by this Form 144 notice?

The notice covers a proposed sale of up to 5,000 shares of BorgWarner Inc. common stock. This amount is listed in the securities information section as the number of shares to be sold through Raymond James & Associates.

What is the aggregate market value of the BorgWarner (BWA) shares in the Form 144?

The aggregate market value of the BorgWarner Inc. common stock covered by the Form 144 is stated as $327,507.30. This amount is tied to the 5,000 shares of common stock proposed to be sold.

When are the BorgWarner (BWA) shares proposed to be sold under this Form 144?

The proposed sale date for the BorgWarner Inc. common shares is listed as 08/31/2026. This date appears in the securities information section associated with the 5,000 shares of common stock to be sold on the NYSE.

How were the BorgWarner (BWA) shares in the Form 144 originally acquired?

The common shares listed to be sold were acquired as Board Compensation from BorgWarner Inc. on several dates between 2018 and 2019, including acquisitions dated 04/26/2018, 06/13/2018, 09/13/2018, 12/13/2018, 03/13/2019, and 04/25/2019.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature