[Form 4] BORGWARNER INC Insider Trading Activity
BorgWarner Inc. vice president and chief accounting officer Amy B. Kulikowski reported routine equity compensation and related tax withholding transactions in company common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BorgWarner Inc. vice president and chief accounting officer Amy B. Kulikowski reported routine equity compensation and related tax withholding transactions in company common stock. On February 28 and March 1, she acquired 26 and 121 shares, respectively, as grants or awards at a stated price of $0.00 per share. Footnotes explain these represent dividend reinvestments settled upon the vesting of restricted stock awards and adjustments after reconciling exempt transactions. On the same dates, 468 and 2,153 shares were disposed of at $57.57 per share to cover tax liabilities linked to those vesting events, meaning these were withholding transactions rather than open-market sales. After these moves, she directly owned 12,625 shares in one line item and 14,778 shares in another, reflecting updated beneficial ownership records.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 121 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,153 | $57.57 | $124K |
| Grant/Award | Common Stock | 26 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 468 | $57.57 | $27K |
Footnotes (3)
- 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. 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.
- F3. 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.
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