BorgWarner VP granted 30,214 shares in Form 4/A
BorgWarner Inc. vice president Stefan Demmerle reported an equity award of 30,214 shares of common stock on February 4, 2025, at a price of $0.0000 per share.
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Rhea-AI Filing Summary
BorgWarner Inc. vice president Stefan Demmerle reported an equity award of 30,214 shares of common stock on February 4, 2025, at a price of $0.0000 per share. After this grant, he beneficially owned 238,771.69 shares on a direct basis.
According to the vesting terms, 50% of the shares will vest on February 28, 2027 and 100% on February 28, 2028, tying the award to multi-year service and performance. This Form 4/A is an amendment that corrects an overstatement of the number of shares previously reported as acquired in this exempt transaction on a filing dated February 6, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,214 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares will vest 50% on February 28, 2027 and 100% on February 28, 2028.
FAQ
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What insider transaction did BorgWarner (BWA) report for its vice president?
Why did BorgWarner file this Form 4/A amendment for its officer?
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