BorgWarner (NYSE: BWA) CEO corrects details of 81,331-share grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BorgWarner Inc. President and CEO Joseph F. Fadool reported an amended equity grant on a Form 4/A. On 02/04/2025 he acquired 81,331 shares of common stock at a price of $0.0000 per share in an exempt transaction, bringing his directly held stake to 320,626 shares.
The grant will vest over time, with 50% of the shares vesting on February 28, 2027 and 100% vesting on February 28, 2028. This amendment corrects an overstatement of the number of shares originally reported for this exempt transaction on the Form 4 filed on 02/06/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fadool Joseph F.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81,331 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 320,626 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BorgWarner (BWA) report for its CEO on this Form 4/A?
BorgWarner President and CEO Joseph F. Fadool reported acquiring 81,331 shares of common stock on 02/04/2025 at $0.0000 per share in an exempt transaction. After this grant, he directly owned 320,626 BorgWarner shares according to the filing’s beneficial ownership table.
Why was this BorgWarner (BWA) Form 4/A filed as an amendment?
The Form 4/A was filed to correct an overstatement of the number of securities acquired in the previously reported exempt transaction. The amendment specifically references the original Form 4 filed on 02/06/2025 and clarifies the accurate share amount tied to that grant.