STOCK TITAN

BorgWarner (BWA) director Shankar sells 5,000 shares in open-market trade

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BorgWarner Inc. director Sailaja Shankar reported an open-market sale of 5,000 shares of common stock. The sale was executed on June 5, 2026 at a weighted average price of $73.0778 per share, with individual trade prices ranging from $73.0302 to $73.1500. Following this transaction, Shankar directly holds 12,897 BorgWarner shares.

Positive

  • None.

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Insider Shankar Sailaja
Role null
Sold 5,000 shs ($365K)
Type Security Shares Price Value
Sale Common Stock 5,000 $73.0778 $365K
Holdings After Transaction: Common Stock — 12,897 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 5,000 shares Open-market sale of BorgWarner common stock on June 5, 2026
Weighted average sale price $73.0778 per share Average price for the 5,000 shares sold
Post-transaction holdings 12,897 shares Shares directly held by Sailaja Shankar after the sale
Sale price range low $73.0302 per share Lowest price received within the sale range
Sale price range high $73.1500 per share Highest price received within the sale range
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.
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.
Form 4 regulatory
"for all transactions reported in this Form 4 utilizing an average weighted price."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"total_shares_following_transaction" : "12897.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shankar Sailaja

(Last)(First)(Middle)
3850 HAMLIN ROAD

(Street)
AUBURN HILLS MICHIGAN 48326

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BORGWARNER INC [ BWA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026S5,000D$73.0778(1)12,897D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price in Column 4 is a weighted average price. The actual prices received ranged from $73.0302 to $73.1500. 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.
Miyuki P. Oshima as attorney-in-fact for Sailaja Shankar06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BorgWarner (BWA) director Sailaja Shankar report?

Director Sailaja Shankar reported selling 5,000 shares of BorgWarner common stock in an open-market transaction. The sale occurred on June 5, 2026 and was disclosed on a Form 4 insider trading report filed with the SEC.

At what price did Sailaja Shankar sell BorgWarner (BWA) shares?

The shares were sold at a weighted average price of $73.0778 per share. Individual trades took place within a price range from $73.0302 to $73.1500, according to the Form 4 footnote detailing the transaction pricing.

How many BorgWarner (BWA) shares does Sailaja Shankar hold after the sale?

After selling 5,000 shares, Sailaja Shankar directly holds 12,897 BorgWarner common shares. This post-transaction holding amount is reported in the Form 4 as the total number of shares beneficially owned following the sale.

Was the BorgWarner (BWA) insider sale a market transaction or a transfer?

The filing describes the transaction as an open-market sale of common stock. The Form 4 uses transaction code “S,” indicating a sale in the open market or a private transaction rather than a gift, grant, or internal restructuring transfer.

Does the BorgWarner (BWA) Form 4 disclose detailed pricing for each trade?

The Form 4 states that the reported sale price is a weighted average. It notes that actual sale prices ranged from $73.0302 to $73.1500 and that detailed breakdowns by price level are available to shareholders or SEC staff upon request.