BorgWarner insider sells 27,500 shares reported

BorgWarner Inc. (BWA) reported proposed and recent insider sales on a Form 144 by Stefan Demmerle.

Rhea-AI Filing Summary

BorgWarner Inc. (BWA) reported proposed and recent insider sales on a Form 144 by Stefan Demmerle. The filing lists multiple vested restricted stock unit grants and three reported cash sales: 2,500 shares on 2026-03-10, 20,000 shares on 2026-05-08, and 5,000 shares on 2026-05-11, with gross proceeds shown.

Insights

Corporate Governance Analyst

Routine insider dispositions of vested equity were reported; scale appears administrative.

The filing lists vesting entries for RSUs granted on 02/09/2019, 02/07/2024, and 02/05/2025, and shows three cash sales by Stefan Demmerle totaling 27,500 shares. The amounts are presented as gross proceeds per trade in the excerpt.

These transactions are compensation-related vesting followed by dispositions; cash-flow treatment (who receives proceeds) is the seller. Impact is routine; subsequent filings may disclose remaining holdings.

Key Figures

Shares sold 2026-03-10: 2,500 shares Shares sold 2026-05-08: 20,000 shares Shares sold 2026-05-11: 5,000 shares +3 more

6 metrics

Shares sold 2026-03-10 2,500 shares sale reported on 2026-03-10

Shares sold 2026-05-08 20,000 shares sale reported on 2026-05-08

Shares sold 2026-05-11 5,000 shares sale reported on 2026-05-11

Total reported sold (excerpt) 27,500 shares aggregate of the three reported trades in the excerpt

RSU vesting dates 02/09/2019; 02/07/2024; 02/05/2025 dates of restricted stock unit awards listed in the filing

Proceeds shown (example) $1,185,150.00 gross proceeds for the 20,000-share sale on 2026-05-08

Key Terms

Form 144, restricted stock unit, vesting

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

restricted stock unit financial

"Vesting of restricted stock unit awards"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

vesting financial

"Granted as part of issuer equity compensation plan"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the BorgWarner (BWA) Form 144 disclose about insider sales?

The Form 144 discloses proposed and recent insider dispositions by Stefan Demmerle. It lists sales of 2,500, 20,000, and 5,000 shares on 2026-03-10, 2026-05-08, and 2026-05-11 with gross proceeds shown.

Were the sold shares tied to equity awards in the BWA filing?

Yes. The excerpt lists vesting of restricted stock unit awards dated 02/09/2019, 02/07/2024, and 02/05/2025. The filing ties the securities to issuer equity compensation plan grants and shows subsequent sales.

How many total shares did Stefan Demmerle sell according to the excerpt?

The reported transactions in the excerpt total 27,500 shares sold across three trades: 2,500, 20,000, and 5,000. Each trade includes a gross proceeds figure in the filing excerpt.

Does the Form 144 indicate whether proceeds went to the company or the seller?

The excerpt shows gross proceeds per trade but does not state use of proceeds. The sellers (reports list Stefan Demmerle) are shown as the source of shares; the filing does not attribute proceeds to the issuer in the provided text.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/13/2026 - 04:13 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001559086
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	BORGWARNER INC
SEC File Number	001-12162
Address of Issuer	3850 HAMLIN RD. AUBURN HILLS MICHIGAN 48326
Phone	2487549200
Name of Person for Whose Account the Securities are To Be Sold	Demmerle Stefan
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 225 Liberty Street Floor 37 New York NY 10281	5000	325000.00	205114941	05/13/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/09/2019	Vesting of restricted stock unit awards	BORGWARNER INC			176	02/09/2019	Granted as part of issuer equity compensation plan
Common Stock	02/07/2024	Vesting of restricted stock unit awards	BORGWARNER INC			4359	02/07/2024	Granted as part of issuer equity compensation plan
Common Stock	02/05/2025	Vesting of restricted stock unit awards	BORGWARNER INC			465	02/05/2025	Granted as part of issuer equity compensation plan

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Stefan Demmerle 3850 HAMLIN RD. AUBURN HILLS MI 48326	Common Stock	03/10/2026	2500	132575.00
Stefan Demmerle 3850 HAMLIN RD. AUBURN HILLS MI 48326	Common Stock	05/08/2026	20000	1185150.00
Stefan Demmerle 3850 HAMLIN RD AUBURN HILLS MI 48326	Common Stock	05/11/2026	5000	310000.00

144: Remarks and Signature

Remarks
Date of Notice	05/13/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Stefan Demmerle
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)