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BorgWarner (BWA) VP Volker Weng gets 27,027-share grant in amended Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

BorgWarner Inc. vice president Volker Weng reported an exempt stock award of 27,027 shares of common stock on February 4, 2025. These shares vest 50% on February 28, 2027 and 100% on February 28, 2028. After this award, Weng beneficially owns 99,734 shares directly. The filing is an amendment correcting an earlier overstatement of the number of shares acquired in the originally reported exempt transaction.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Weng Volker

(Last) (First) (Middle)
3850 HAMLIN ROAD

(Street)
AUBURN HILLS MI 48326

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BORGWARNER INC [ BWA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/06/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/04/2025 A 27,027(1) A $0.0000 99,734 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The shares will vest 50% on February 28, 2027 and 100% on February 28, 2028.
Remarks:
This amendment corrects the overstatement of the amount of securities acquired in the exempt transaction as originally reported on the Form 4 filed on 02/06/2025.
Miyuki P. Oshima as attorney-in-fact for Volker Weng 02/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BorgWarner (BWA) report for Volker Weng?

BorgWarner vice president Volker Weng reported receiving an exempt award of 27,027 shares of common stock on February 4, 2025. The Form 4/A reflects this grant and updates his directly held beneficial ownership to 99,734 shares following the transaction.

How many BorgWarner (BWA) shares does Volker Weng own after this filing?

After the reported transaction, Volker Weng beneficially owns 99,734 shares of BorgWarner common stock directly. This amount reflects the inclusion of the 27,027-share exempt stock award reported in the amended Form 4/A filed under Section 16 rules.

What is the vesting schedule for Volker Weng’s 27,027 BorgWarner (BWA) shares?

The 27,027-share award to Volker Weng vests over time, with 50% vesting on February 28, 2027 and full vesting on February 28, 2028. This schedule ties continued service to the gradual realization of the equity grant.

Why is this BorgWarner (BWA) Form 4 filed as an amendment?

The Form 4 is an amendment because it corrects an earlier overstatement of the number of securities acquired in the originally reported exempt transaction. The amended filing clarifies that 27,027 shares were acquired on February 4, 2025.

What price is shown for Volker Weng’s BorgWarner (BWA) stock award?

The transaction lists a price of $0.0000 per share for the 27,027 shares, indicating an exempt equity award rather than an open-market purchase. Such entries typically reflect stock-based compensation granted without a cash purchase price.

What role does Volker Weng hold at BorgWarner (BWA) in this filing?

In the filing, Volker Weng is identified as an officer of BorgWarner with the title of vice president. As an executive officer, his equity transactions in BorgWarner common stock must be reported under Section 16 on Form 4.
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