BorgWarner (BWA) director sells 8,772 shares at $42.31 average
Insider sale by BorgWarner director Alexis P. Michas.
Rhea-AI Filing Summary
Insider sale by BorgWarner director Alexis P. Michas. The filing reports a sale on 09/02/2025 of 8,772 shares of BorgWarner Inc. (BWA) reported under Form 4. The weighted average price for the sale was $42.3146, with actual prices ranging from $42.2050 to $42.3900. Following the reported transaction, the reporting person beneficially owned 78,903.45 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/03/2025. The filing does not state proceeds, reasons for the sale, or any additional transactions.
Positive
- None.
Negative
- Director disposed of 8,772 shares on 09/02/2025, reducing direct beneficial ownership to 78,903.45 shares
- No statement of purpose or 10b5-1 plan is indicated on the form, so the filing does not disclose a pre-arranged trading plan or reason for the sale
Insights
TL;DR: Routine director sale disclosed; no accompanying disclosure of reason or planned trading plan.
The filing shows a single, non-derivative disposition of 8,772 shares by a BorgWarner director, executed at a weighted average price of $42.3146. The disclosure is complete for a Section 16 reporting event: transaction code S indicates a sale of owned shares and ownership is reported as direct. There is no indication of a Rule 10b5-1 plan or other pre-arranged trading plan checked on the form, and no rationale or proceeds amount is provided. From a governance perspective this is a standard insider sale disclosure that should be monitored alongside other insider activity for pattern analysis.
TL;DR: Materiality appears limited; a single share sale by an insider with remaining direct holdings disclosed.
The reported sale reduced the reporting person\'s direct holdings to 78,903.45 shares. The filing states the sale prices spanned $42.2050 to $42.3900 and uses a weighted average of $42.3146. No derivative transactions, grants, or purchases accompany this filing. For investors, this Form 4 provides transparent trade details but does not by itself indicate a change in company fundamentals or management intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,772 | $42.3146 | $371K |
Footnotes (1)
- F1. The price in Column 4 is a weighted average price. The actual prices received ranged from $42.2050 to $42.3900. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BorgWarner director Alexis P. Michas report on Form 4 (BWA)?
What price range was disclosed for the BWA insider sale?
Does the Form 4 indicate a 10b5-1 trading plan for this BWA transaction?
Who signed the Form 4 for Alexis P. Michas?
Are there any derivative transactions reported in this Form 4 for BWA?
AI-generated analysis. How Rhea-AI works. Not financial advice.