BorgWarner (BWA) VP Demmerle nets performance share award after tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. vice president Stefan Demmerle reported equity compensation and related tax withholding in company stock. On February 4, 2026, he acquired 55,689 shares of common stock at $0.0000 per share, representing performance and dividend shares earned for the 2023–2025 performance period.
On the same date, 24,401 shares of common stock were withheld at $48.57 per share to cover taxes due upon vesting and dividend share payment. After these transactions and an adjustment to issuer records, Demmerle directly owned 248,265 shares of BorgWarner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Demmerle Stefan
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55,689 | $0.00 | -- |
| Tax Withholding | Common Stock | 24,401 | $48.57 | $1.19M |
Holdings After Transaction:
Common Stock — 272,666 shares (Direct)
Footnotes (1)
- Represents performance shares and dividend shares earned pursuant to a performance share award based upon the achievement of specified performance criteria for the 2023-2025 performance period. Reflects an adjustment to the number of shares beneficially owned after a reconciliation of the Issuer's records regarding the reporting person's exempt transactions. Represents shares withheld to cover taxes due upon (1) the vesting of performance share awards and (2) payment of dividend shares earned upon the vesting of performance share awards, for the 2023-2025 performance period.
FAQ
What insider transaction did BorgWarner (BWA) report for Stefan Demmerle?
BorgWarner reported that vice president Stefan Demmerle acquired 55,689 shares of common stock as performance and dividend shares for the 2023–2025 period, and had 24,401 shares withheld to cover associated tax obligations on February 4, 2026.
What does the adjustment noted in BorgWarner (BWA) vice president Demmerle’s holdings mean?
The filing notes that Demmerle’s post-transaction holdings reflect an adjustment after reconciling BorgWarner’s records for exempt transactions. This means the company updated the recorded number of shares he beneficially owned to align with historical, non-reportable activity.
What role does Stefan Demmerle hold at BorgWarner (BWA) in this Form 4?
In this Form 4, Stefan Demmerle is identified as an officer of BorgWarner Inc., serving in the role of Vice President. The transactions reported relate to his equity compensation and associated tax withholding in BorgWarner common stock.