BORGWARNER INC (BWA)

Quarterly Report Filed: 2026-05-06

Key Insights

BorgWarner is actively managing a portfolio of disposals and restructuring initiatives, including the Hubei Surpass Sun electric charging business (divested Jan 2026), Drivetek AG, and discontinued PHINIA operations, indicating significant organizational transformation underway.
The company operates through four main business segments (Turbos/Thermal Technologies, Drivetrain Morse Systems, Power Drive Systems, and Battery Charging Systems) with global geographic diversification across North America, Europe, Asia, and other foreign markets, supporting revenue resilience across regions.
Substantial employee severance and other restructuring charges are being incurred across multiple business segments in Q1 2026, suggesting aggressive cost reduction and operational efficiency initiatives to improve profitability margins.
The company is transitioning its product portfolio toward e-products and foundational products alongside traditional offerings, positioning for the automotive industry's shift toward electrification while managing legacy business wind-downs.

Current Report Filed: 2026-05-06

Key Insights

BorgWarner announced Q1 2026 financial results on May 6, 2026, with the earnings call presentation available for investor review, indicating active communication of company performance metrics.
The filing is a routine earnings announcement (8-K Item 2.02) with no material agreements, leadership changes, or significant corporate events disclosed.
The press release and earnings information are furnished rather than filed, meaning they are not incorporated by reference into Securities Act filings and carry limited regulatory implications.

Insider Trading Filed: 2026-05-01

Key Insights

Director Sara A. Greenstein acquired 3,228 shares of restricted stock on April 29, 2026, with 100% vesting scheduled for one year from grant date, indicating standard equity compensation for board members.
Total beneficial ownership increased to 22,053 shares following the transaction, suggesting the director maintains a modest stake in the company aligned with long-term value creation.
The filing includes a reconciliation adjustment of 83 shares from dividend reinvestments and exempt transactions, reflecting routine administrative updates to ownership records rather than active trading activity.

Insider Trading Filed: 2026-05-01

Key Insights

Director Hau Thai-Tang acquired 3,228 shares of restricted stock on 04/29/2026 with a vesting schedule of 100% on the first anniversary, indicating continued equity compensation aligned with long-term performance.
Additional 83 shares were acquired through dividend reinvestment on restricted stock vesting, demonstrating automatic dividend participation in unvested equity awards.
Total beneficial ownership increased to 17,897 shares following the transaction, reflecting a modest insider stake that suggests limited concentrated personal investment in the company.
The filing shows routine equity compensation activity typical for board members rather than discretionary open-market purchases, which could suggest limited confidence signals from insider buying.

Insider Trading Filed: 2026-05-01

Key Insights

Director Shaun McAlmont acquired 3,228 shares of restricted stock on 04/29/2026 with a one-year vesting schedule, indicating ongoing equity compensation aligned with director tenure rather than discretionary insider buying.
Total beneficial ownership increased to 25,070 shares following the transaction, representing a modest 0.23% increase that reflects routine equity awards rather than significant accumulation of company shares.
The filing includes a record reconciliation adjustment of 83 shares and dividend reinvestment activity, suggesting administrative updates to the insider's position rather than material market-driven trading decisions.
The use of an attorney-in-fact for signature and the zero-dollar grant price are consistent with standard restricted stock award practices for board members, with no evidence of open market purchases indicating lack of confidence or concern.

Insider Trading Filed: 2026-05-01

Key Insights

Director Michael S. Hanley received a restricted stock award of 3,228 shares on April 29, 2026, vesting 100% on the first anniversary, indicating company confidence in retention of board leadership.
Total beneficial ownership increased to 39,313 shares following the transaction and a records reconciliation adjustment, demonstrating continued accumulation of company equity by the director.
The transaction includes 83 shares acquired through dividend reinvestment on vested restricted stock awards, showing automatic reinvestment of compensation in company stock which signals modest insider confidence.

Insider Trading Filed: 2026-05-01

Key Insights

Director Deborah D. McWhinney acquired 3,228 shares of restricted stock on April 29, 2026, vesting over one year, indicating ongoing equity-based compensation for board members aligned with long-term performance.
The filing reflects a modest total beneficial ownership of 35,208 shares following the transaction, suggesting the director's stake in the company is relatively small relative to overall capitalization.
An additional 83 shares were acquired through dividend reinvestment on restricted stock awards, demonstrating automatic reinvestment activity that is routine and exempt from Section 16 restrictions.
No open market buying or selling activity is reported; this is purely compensation-related activity, which is typical for director equity grants and does not signal insider confidence or concern about valuation.

Insider Trading Filed: 2026-05-01

Key Insights

Director Shankar Sailaja acquired 3,228 restricted stock units on April 29, 2026, representing a routine equity compensation grant vesting over one year, indicating continued alignment with shareholder interests.
A reconciliation adjustment added 83 shares to beneficial ownership, suggesting a correction to prior records and demonstrating proper record-keeping procedures by the company's transfer agent.
Total beneficial ownership stands at 17,897 shares following the transaction, with all holdings in direct ownership form, reflecting typical director-level equity stakes at mid-cap industrial companies.

Insider Trading Filed: 2026-05-01

Key Insights

Director Alexis P. Michas received a restricted stock award of 3,228 shares on April 29, 2026, vesting over one year, indicating ongoing equity compensation aligned with shareholder interests.
Total beneficial ownership increased to 82,402 shares following the transaction and a records reconciliation adjustment, suggesting the director maintains a meaningful stake in BWA.
The acquisition was made at $0.00 price, consistent with restricted stock awards rather than open market purchases, representing standard director compensation rather than a significant insider confidence signal.

Current Report Filed: 2026-04-30

Key Insights

Stockholders approved an 8.3 million share increase to the 2023 Stock Incentive Plan, indicating the company is positioning itself for employee compensation and potential acquisitions or strategic initiatives.
All eight director nominees were elected with substantial majorities (95-98% approval), demonstrating strong shareholder confidence in the board's leadership and strategic direction.
The board declared a $0.17 quarterly dividend, maintaining consistent capital return to shareholders and signaling management confidence in the company's cash flow generation.
A stockholder proposal for written consent rights was decisively rejected (95% against), showing shareholders prefer the current governance structure and board recommendations.

Insider Trading Filed: 2026-03-11

Key Insights

The filing indicates that Stefan Demmerle, a Vice President at BorgWarner Inc. (BWA), sold 2,500 shares of the company's common stock on March 10, 2026 at a price of $53.03 per share.
Following the reported transaction, Demmerle continues to beneficially own 233,746 shares of BWA, suggesting he still maintains a significant stake in the company.
Insider selling transactions can sometimes be interpreted as a signal of potential future downside for the stock, though other factors should be considered to determine the overall significance.

Insider Trading Filed: 2026-03-10

Key Insights

Tonit M. Calaway, the Executive Vice President, Chief Administrative Officer, General Counsel & Secretary, sold 14,021 shares of BorgWarner Inc. (BWA) on March 9, 2026 at a weighted average price of $51.46 per share.
The sale represents a reduction in Calaway's direct beneficial ownership of BorgWarner common stock, which now stands at 204,913 shares.
Insider transactions, such as this sale, can provide insights into management's sentiment and outlook for the company, which investors may want to monitor.

Insider Trading Filed: 2026-02-19

Key Insights

Tonit M. Calaway, the EVP, CAO, General Counsel and Secretary of BorgWarner Inc., sold 9,725 shares of the company's common stock at a weighted average price of $62.6133 on February 18, 2026.
Following the reported transaction, Calaway now directly owns 230,526 shares of BorgWarner's common stock.
The sale of shares by a high-level executive could signal a change in their outlook on the company's future performance or a need for personal liquidity, which may be relevant for investors to consider.

Insider Trading Filed: 2026-02-19

Key Insights

Isabelle McKenzie, a Vice President at BorgWarner Inc. (BWA), sold 2,458 shares of the company's common stock on February 18, 2026 at an average price of $61.5358 per share.
This transaction reduced McKenzie's direct beneficial ownership of BWA shares to 66,351 shares.
Insider selling transactions can sometimes be interpreted as a negative signal about the company's future prospects, but the overall significance of this transaction depends on McKenzie's previous trading history and other factors.

Insider Trading Filed: 2026-02-18

Key Insights

Volker Weng, a Vice President at BorgWarner Inc. (BWA), sold 5,000 shares of the company's common stock at $62.3601 per share on February 17, 2026.
This transaction reduced Weng's direct beneficial ownership of BWA shares to 104,558, indicating a potential reduction in his stake in the company.
Insider selling activities, such as this, can be a signal of management's confidence in the company's future performance or personal financial considerations, which investors may want to monitor.

Insider Trading Filed: 2026-02-17

Key Insights

Tonit M. Calaway, the Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of BorgWarner Inc. (BWA), sold 16,000 shares of the company's common stock on February 13, 2026 at an average price of $65.0844 per share.
Following the transaction, Calaway's direct beneficial ownership in BWA decreased from 256,251 shares to 240,251 shares.
Insider selling can sometimes signal management's concerns about the company's prospects, though a single transaction does not necessarily indicate a broader trend.

Insider Trading Filed: 2026-02-17

Key Insights

Tania Wingfield, Executive Vice President and Chief Human Resources Officer at BorgWarner Inc., has sold 17,867 shares of the company's common stock at a weighted average price of $63.43.
This transaction reduces Wingfield's direct beneficial ownership of BorgWarner's common stock to 45,429 shares.
The timing and size of this insider sale transaction may be of interest to investors as it could signal a change in management's view of the company's near-term prospects.

Insider Trading Filed: 2026-02-17

Key Insights

Isabelle McKenzie, a Vice President at BorgWarner Inc. (BWA), sold 3,500 shares of the company's common stock on February 13, 2026 at a weighted average price of $63.2602 per share.
The sale represents a small portion of McKenzie's overall holdings, as she still beneficially owns 68,809 shares of BWA common stock following the reported transaction.
This insider sale transaction may be part of a planned trading program or portfolio rebalancing, and does not necessarily indicate a negative outlook on the company's prospects.

Current Report Filed: 2026-02-11

Key Insights

BorgWarner Inc. reported its Q4 2025 and full-year 2025 financial results, indicating strong revenue growth and improving profit margins.
The company announced the issuance of $500 million in senior notes due in 2031, which could provide additional financial flexibility.
No significant leadership changes or other material events were disclosed in the 8-K filing.

Annual Report Filed: 2026-02-11

Key Insights

BorgWarner Inc. (BWA) reported financial results for fiscal year 2025, highlighting a decline in revenue and margins compared to the previous year.
The company's long-term supply arrangements and capital expenditures on buildings and machinery indicate ongoing investments, which could impact future profitability.
BorgWarner's divestiture of its Surpass Sun Electric (SSE) business segment and acquisition of Drivetec AG suggest strategic portfolio adjustments to focus on core business areas.

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