BorgWarner (NYSE: BWA) director gets 83-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. director Deborah D. McWhinney reported equity compensation grants in the form of common stock. On April 29, 2026, she received a restricted stock award of 83 shares that will vest 100% on the first anniversary of the grant date.
She also acquired 3,228 additional common shares through dividend reinvestments associated with vested restricted stock awards. Both transactions were recorded at a zero dollar price per share and reflect non-market, compensation-related acquisitions, leaving her with direct ownership of more than 35,000 BorgWarner shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCWHINNEY DEBORAH D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,228 | $0.00 | -- |
| Grant/Award | Common Stock | 83 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,125 shares (Direct, null)
Footnotes (1)
- Represents a restricted stock award granted on April 29, 2026, that will vest 100% on the first anniversary of the grant date. Reflects an adjustment to the number of shares beneficially owned after a reconciliation of the Issuer's records regarding the reporting person's exempt transactions. 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.
Key Figures
Restricted stock award: 83 shares
Dividend reinvestment shares: 3,228 shares
Transaction price: $0.0000 per share
+2 more
5 metrics
Restricted stock award
83 shares
Granted April 29, 2026; vests 100% on first anniversary
Dividend reinvestment shares
3,228 shares
Acquired via dividend reinvestments tied to restricted stock vesting
Transaction price
$0.0000 per share
Both non-derivative stock acquisitions reported as compensation, not market trades
Direct holdings after transaction
35,208 shares
Total shares directly owned following one reported April 29, 2026 transaction
Section 16 exemption
Rule 16a-11
Dividend reinvestment shares treated as exempt under Section 16 rules
Key Terms
restricted stock award, dividend reinvestments, Section 16, Rule 16a-11
4 terms
restricted stock award financial
"Represents a restricted stock award granted on April 29, 2026, that will vest 100% on the first anniversary"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
dividend reinvestments financial
"Represents shares acquired pursuant to dividend reinvestments exempt from Section 16 pursuant to Rule 16a-11"
Section 16 regulatory
"dividend reinvestments exempt from Section 16 pursuant to Rule 16a-11 and settled upon the vesting"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"exempt from Section 16 pursuant to Rule 16a-11 and settled upon the vesting of restricted stock awards"
FAQ
What insider transactions did BorgWarner (BWA) report for Deborah McWhinney?
BorgWarner reported that director Deborah McWhinney acquired company stock through equity compensation. She received 83 restricted shares and 3,228 shares via dividend reinvestment, all recorded at zero cost as non-market awards tied to the company’s compensation programs.
Was the BorgWarner (BWA) Form 4 a stock purchase or a compensation grant?
The Form 4 reflects compensation-related grants, not open-market stock purchases. Deborah McWhinney received a restricted stock award and additional shares from dividend reinvestment associated with restricted stock vesting, all reported with a zero transaction price per share.