[Form 4/A] BORGWARNER INC Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BorgWarner Inc. executive vice president, chief administrative officer, general counsel and secretary Tonit M. Calaway reported an amended equity award in company common stock. On February 4, 2025, she was granted 27,730 shares at a price of $0.0000 per share in an exempt transaction.
Following this award, she beneficially owns 235,289 shares of BorgWarner common stock directly. The shares from this grant will vest 50% on February 28, 2027 and 100% on February 28, 2028. The amendment corrects an overstatement of the number of shares previously reported for this exempt transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CALAWAY TONIT M
Role
EVP, CAO, Gen Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,730 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 235,289 shares (Direct)
Footnotes (1)
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FAQ
What does BorgWarner (BWA) EVP Tonit Calaway report in this Form 4/A?
Tonit M. Calaway reports an amended equity grant of BorgWarner common stock. The filing shows an exempt award of 27,730 shares on February 4, 2025, with updated details on vesting and her total directly beneficially owned holdings after the transaction.
Why was this BorgWarner (BWA) insider transaction filed as an amendment?
The filing corrects an earlier overstatement of shares acquired in the exempt transaction. The amendment explains that the originally reported amount for the February 4, 2025 stock grant was too high and is now revised to accurately reflect the 27,730-share award.
What is Tonit Calaway’s role at BorgWarner (BWA) mentioned in the Form 4/A?
Tonit M. Calaway serves as EVP, CAO, General Counsel and Secretary at BorgWarner. The filing identifies her as an officer of the company, and the reported exempt stock award is part of her equity compensation as a senior executive.