BorgWarner director sells 5,000 shares at $65.51
Rhea-AI Filing Summary
BORGWARNER INC (BWA) director Michael S. Hanley reported selling 5,000 shares of common stock on 2026-08-28 in a transaction classified as a sale in the open market or a private transaction at a reported price of $65.51 per share. After this sale, Hanley directly holds 34,313 shares of BorgWarner common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Hanley Michael S
Role
Director
Sold
5,000 shs ($328K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $65.51 | $328K |
Holdings After Transaction:
Common Stock — 34,313 shares (Direct)
Key Figures
Shares sold: 5,000 shares
Sale price per share: $65.51 per share
Shares owned after transaction: 34,313 shares
3 metrics
Shares sold
5,000 shares
Common Stock sale on 2026-08-28
Sale price per share
$65.51 per share
Common Stock sale on 2026-08-28
Shares owned after transaction
34,313 shares
Common Stock directly owned by Michael S. Hanley after sale
Key Terms
Form 4, open market, beneficially owned
3 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open market market
"transaction_code_description": "Sale in open market or private transaction""
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
beneficially owned financial
"total_shares_following_transaction": "34313.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did BWA director Michael S. Hanley report?
Michael S. Hanley reported a sale of 5,000 shares of BorgWarner Inc. common stock on 2026-08-28. The transaction was coded as a sale in the open market or a private transaction at a reported price of $65.51 per share.
Is the reported BWA insider transaction a purchase or a sale?
The reported BorgWarner Inc. (BWA) insider transaction is a sale. The Form 4 identifies the transaction code as S, with an acquired/disposed code of D, and a transaction direction listed as sell for 5,000 shares.
Does the Form 4 indicate if Michael S. Hanley’s BWA sale used a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox as false, meaning the document-level box for trades under a Rule 10b5-1 trading plan is not checked for this BorgWarner Inc. (BWA) transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
