BorgWarner (NYSE: BWA) VP records stock award and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. Vice President Volker Weng reported two stock transactions involving company common shares. On February 28, 2026, he acquired 710 shares at $0.00 per share through dividend reinvestments that were settled when restricted stock awards vested.
On the same date, 9,660 shares were disposed of at $57.57 per share to cover tax liabilities tied to those vesting restricted stock awards and related dividend shares. Following these transactions, his direct holdings changed from 105,268 to 95,608 shares of BorgWarner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weng Volker
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 710 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,660 | $57.57 | $556K |
Holdings After Transaction:
Common Stock — 105,268 shares (Direct)
Footnotes (1)
- 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. 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.
FAQ
What insider transactions did BorgWarner (BWA) report for Volker Weng?
BorgWarner Vice President Volker Weng reported acquiring 710 common shares through dividend reinvestments and disposing of 9,660 shares to cover tax liabilities. Both transactions occurred on February 28, 2026, in connection with vesting restricted stock awards.