BorgWarner (BWA) EVP Tonit Calaway sells 14,021 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. executive Tonit M. Calaway, EVP, CAO, General Counsel & Secretary, reported an open-market sale of 14,021 shares of common stock. The shares were sold at a weighted average price of $51.4619 per share, with actual prices ranging from $51.3100 to $51.6300.
After this transaction, Calaway directly holds 204,913 shares of BorgWarner common stock. The filing notes that detailed price breakdowns within the reported range are available from the company or the SEC staff upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,021 shares ($721,547)
Net Sell
1 txn
Insider
CALAWAY TONIT M
Role
EVP, CAO, Gen Counsel & Sec
Sold
14,021 shs ($722K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,021 | $51.4619 | $722K |
Holdings After Transaction:
Common Stock — 204,913 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BorgWarner (BWA) report on this Form 4?
BorgWarner reported that executive Tonit M. Calaway sold 14,021 shares of common stock in an open-market transaction. The sale was executed at a weighted average price of $51.4619 per share, and it reduced her holdings but left a substantial remaining position.
Who is Tonit M. Calaway in relation to BorgWarner (BWA)?
Tonit M. Calaway serves as BorgWarner’s Executive Vice President, Chief Administrative Officer, General Counsel and Secretary. Her Form 4 filing reflects personal trading activity in BorgWarner common stock, providing transparency into transactions by a senior corporate officer.
Was the BorgWarner (BWA) insider sale executed as an open-market transaction?
Yes. The Form 4 classifies the transaction as an open-market sale of common stock. This means the 14,021 shares were sold through the market rather than via a private grant, option exercise, tax withholding event, or internal restructuring transaction.