BorgWarner (NYSE: BWA) general counsel sells 44,000 shares
Rhea-AI Filing Summary
BORGWARNER INC (BWA) reported that executive officer Tonit M. Calaway, EVP, CAO, General Counsel & Secretary, sold 44,000 shares of Common Stock on 2026-08-17 in open-market or private transactions. The sales occurred in two blocks: 17,376 shares at a weighted average price of $69.97 per share, with actual prices ranging from $69.7550 to $70.2950, and 26,624 shares at a weighted average price of $69.44 per share, with actual prices ranging from $68.7550 to $69.7500. The company’s Rule 10b5-1 checkbox indicates these transactions were not made under a Rule 10b5-1 trading plan. Post-transaction share holdings are not stated in this data.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 44,000 shares
Net Sell
2 txns
Insider
CALAWAY TONIT M
Role
EVP, CAO, Gen Counsel & Sec
Sold
44,000 shs ($3.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 17,376 | $69.97 | $1.22M |
| Sale | Common Stock F2 | 26,624 | $69.44 | $1.85M |
Holdings After Transaction:
Common Stock — 95,831 shares (Direct)
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. The actual prices received ranged from $69.7550 to $70.2950. 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.
- F2. The price in Column 4 is a weighted average price. The actual prices received ranged from $68.7550 to $69.7500. 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.
Key Figures
Shares sold (total): 44,000 shares
Shares sold (first block): 17,376 shares
Price range (first block): $69.7550–$70.2950
+2 more
5 metrics
Shares sold (total)
44,000 shares
Aggregate of two Common Stock sale transactions on 2026-08-17
Shares sold (first block)
17,376 shares
Common Stock sold at weighted average price of $69.97 on 2026-08-17
Price range (first block)
$69.7550–$70.2950
Actual prices for the 17,376-share weighted-average sale
Shares sold (second block)
26,624 shares
Common Stock sold at weighted average price of $69.44 on 2026-08-17
Price range (second block)
$68.7550–$69.7500
Actual prices for the 26,624-share weighted-average sale
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did BWA report for Tonit M. Calaway on August 17, 2026?
BORGWARNER INC (BWA) reported that executive Tonit M. Calaway sold 44,000 shares of Common Stock on 2026-08-17 in open-market or private transactions, disclosed in two separate weighted-average priced sale entries.
Were Tonit M. Calaway’s BWA stock sales under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, indicating Calaway’s reported sales on 2026-08-17 were not made pursuant to an affirmed Rule 10b5-1 trading plan.
What is Tonit M. Calaway’s role at BORGWARNER INC (BWA) in this Form 4?
Tonit M. Calaway is identified as an officer of BORGWARNER INC, serving as EVP, CAO, General Counsel & Secretary, and is the reporting person for the disclosed Common Stock sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.