BorgWarner (BWA) EVP Farrell nets 53,843 shares after award vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BorgWarner Inc. executive Paul Arthur Farrell reported equity award activity in company stock. On February 4, 2026, he acquired 16,627 shares of common stock at $0.0000 per share, representing performance and dividend shares earned for the 2023–2025 performance period.
On the same date, 7,395 shares were withheld at $48.57 per share to cover taxes related to the vesting of those performance and dividend shares. After these transactions and related record reconciliations, Farrell directly beneficially owned 53,843 shares of BorgWarner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Farrell Paul Arthur
Role
EVP & Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,627 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,395 | $48.57 | $359K |
Holdings After Transaction:
Common Stock — 61,238 shares (Direct)
Footnotes (1)
- Represents performance shares and dividend shares earned pursuant to a performance share award based upon the achievement of specified performance criteria for the 2023-2025 performance period. 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 withheld to cover taxes due upon (1) the vesting of performance share awards and (2) payment of dividend shares earned upon the vesting of performance share awards, for the 2023-2025 performance period.
FAQ
What insider transactions did BWA executive Paul Arthur Farrell report?
Paul Arthur Farrell reported acquiring 16,627 BorgWarner common shares as earned performance and dividend shares, and 7,395 shares were withheld to cover taxes on vesting. After these transactions and related adjustments, he directly beneficially owned 53,843 BorgWarner common shares.
What does the performance period 2023–2025 mean in Farrell’s BorgWarner award?
The 2023–2025 performance period refers to a multi‑year incentive cycle during which specific performance criteria had to be met. Farrell’s 16,627 earned performance and dividend shares resulted from BorgWarner’s achievement of those defined metrics over that three‑year timeframe.
Did the BorgWarner Form 4 indicate any change in Farrell’s ownership records?
Yes. One footnote explains that the filing reflects an adjustment to the number of shares beneficially owned after reconciling BorgWarner’s records of Farrell’s exempt transactions, aligning reported ownership with the company’s internal share activity records.