BorgWarner (NYSE: BWA) VP reports RSU dividend shares and tax withholding
Rhea-AI Filing Summary
BorgWarner Vice President Volker Weng reported routine equity compensation-related stock movements. On 2026-02-28 he acquired 710 shares of common stock through dividend reinvestments tied to restricted stock awards and had 9,660 shares withheld at $57.57 per share to cover taxes on vesting and related dividend shares. After these transactions he directly holds 95,608 shares of BorgWarner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,950 shares
Net Sell
2 txns
Insider
Weng Volker
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 710 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,660 | $57.57 | $556K |
Holdings After Transaction:
Common Stock — 95,608 shares (Direct)
Footnotes (2)
- F1. Represents shares acquired pursuant to dividend reinvestments exempt from Section 16 pursuant to Rule 16a-11 and settled upon the vesting of restricted stock awards.
- F2. Represents shares withheld to cover taxes due upon (1) the vesting of restricted stock awards and (2) payment of dividend shares settled upon the vesting of restricted stock awards.
Key Figures
Dividend reinvestment shares acquired: 710 shares
Shares withheld for taxes: 9,660 shares
Tax withholding price per share: $57.57 per share
+1 more
4 metrics
Dividend reinvestment shares acquired
710 shares
Common Stock acquired on 2026-02-28 via dividend reinvestments tied to restricted stock awards
Shares withheld for taxes
9,660 shares
Common Stock withheld on 2026-02-28 to cover taxes on restricted stock vesting and dividend shares
Tax withholding price per share
$57.57 per share
Price used for 9,660 withheld shares in the tax-withholding disposition
Direct holdings after transactions
95,608 shares
Direct BorgWarner Common Stock holdings for Volker Weng after the reported transactions
Key Terms
restricted stock awards, dividend reinvestments, withheld to cover taxes
3 terms
restricted stock awards financial
"upon the vesting of restricted stock awards and payment of dividend shares"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
dividend reinvestments financial
"Represents shares acquired pursuant to dividend reinvestments exempt from Section 16"
withheld to cover taxes financial
"Represents shares withheld to cover taxes due upon the vesting of restricted stock"
FAQ
What insider transactions did Volker Weng report for BWA on 2026-02-28?
On 2026-02-28, BorgWarner Vice President Volker Weng acquired 710 shares via dividend reinvestments and had 9,660 shares of common stock withheld to cover tax obligations related to restricted stock award vesting and associated dividend shares.
Did Volker Weng’s BorgWarner (BWA) transactions involve open market buying or selling?
The reported activity reflects dividend reinvestment share acquisitions and shares withheld for taxes on restricted stock vesting, not open market purchases or sales. The tax-withholding disposition used existing shares to satisfy tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.