After $3.1M sale, BorgWarner (NYSE: BWA) officer plans more
Rhea-AI Filing Summary
BORGWARNER INC (BWA) is the issuer in a Form 144 notice filed for potential sales of its common stock by officer Tonit M. Calaway. The notice covers up to 22,000 shares of common stock held at Charles Schwab & Co., Inc., with an aggregate market value of $1,457,666.00, and indicates an expiration date of August 24, 2026 for this notice. The securities to be sold relate to a restricted stock lapse and equity compensation, with a proposed sale date of July 1, 2026. The filing also reports that 44,000 shares of BorgWarner common stock were sold during the past three months for aggregate proceeds of $3,064,533.00 on August 17, 2026.
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Key Figures
Shares covered by Form 144: 22,000 shares of common stock
Aggregate market value of shares covered: $1,457,666.00
Form 144 notice expiration date: 08/24/2026
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6 metrics
Shares covered by Form 144
22,000 shares of common stock
Securities information section for potential sales
Aggregate market value of shares covered
$1,457,666.00
Value of 22,000 shares of common stock
Form 144 notice expiration date
08/24/2026
Expiration date listed with securities information
Shares sold in past 3 months
44,000 shares
Reported prior sales by Tonit M. Calaway
Aggregate proceeds from past 3 months sales
$3,064,533.00
Sale of 44,000 shares on 08/17/2026
Proposed sale date for restricted stock lapse
07/01/2026
Securities to be sold section tied to equity compensation
Key Terms
Form 144, Rule 144, Restricted Stock Lapse, Equity Compensation
4 terms
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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.
Restricted Stock Lapse financial
"Common | 07/01/2026 | Restricted Stock Lapse | BORG WARNER INC"
Equity Compensation financial
"07/01/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What does BorgWarner Inc. (BWA)'s latest Form 144 filing disclose?
It discloses that officer Tonit M. Calaway has filed a notice under Rule 144 to potentially sell up to 22,000 shares of BorgWarner common stock, related to restricted stock lapse and equity compensation, with the notice effective until August 24, 2026.
What type of BorgWarner (BWA) securities are included in this Form 144?
The Form 144 covers common stock of BorgWarner Inc., associated with equity compensation and a restricted stock lapse, and held in an account at Charles Schwab & Co., Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.