BorgWarner (BWA) director Shankar sells 5,000 shares in open-market trade
Filing Impact
Filing Sentiment
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.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($365,389)
Net Sell
1 txn
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)
- [object Object]
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $73.0778 per share
Post-transaction holdings: 12,897 shares
+2 more
5 metrics
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
Key Terms
open-market sale, weighted average price, Form 4, beneficially owned
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.
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.
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.
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.