BorgWarner (NYSE: BWA) VP trims stake with 5,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. vice president Volker Weng reported an open-market sale of 5,000 shares of Common Stock. The transaction took place at a price of $67.71 per share. After this sale, Weng directly owns 85,002 shares, indicating he retains a substantial continuing equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($338,550)
Net Sell
1 txn
Insider
Weng Volker
Role
Vice President
Sold
5,000 shs ($339K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $67.71 | $339K |
Holdings After Transaction:
Common Stock — 85,002 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price: $67.71 per share
Shares owned after sale: 85,002 shares
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale of Common Stock
Sale price
$67.71 per share
Price for the 5,000-share sale
Shares owned after sale
85,002 shares
Direct holdings following the transaction
Net share change
5,000 shares sold
Net-sell direction in transaction summary
Transactions counted as sales
1 transaction
Single open-market sale recorded
Key Terms
open-market sale, non-derivative, Common Stock, net-sell
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: "non-derivative""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
"netBuySellDirection: "net-sell""
FAQ
What insider transaction did BorgWarner (BWA) report for Volker Weng?
BorgWarner reported that vice president Volker Weng executed an open-market sale of 5,000 shares of the company’s Common Stock. This transaction was disclosed on Form 4 and reflects a routine insider sale rather than a grant or option exercise.
What type of transaction did Volker Weng execute in BorgWarner (BWA) stock?
The Form 4 describes Volker Weng’s transaction as an open-market sale of non-derivative Common Stock. That means he sold existing shares directly, rather than exercising options, converting derivatives, or transferring shares through gifts or tax-withholding mechanisms.
What does the Form 4 net-sell summary show for BorgWarner (BWA)?
The transaction summary shows a net-sell direction of 5,000 shares for the reported period. It records one sale transaction totaling 5,000 shares and no corresponding purchases or derivative exercises, resulting in a straightforward reduction in Weng’s directly held shares.