Farrell Paul Arthur 4/A
Research Summary
AI-generated summary
BorgWarner (BWA) EVP Paul Farrell Receives 9,418-Share Award
What Happened
- Farrell Paul Arthur, EVP & Chief Strategy Officer of BorgWarner Inc. (BWA), was granted 9,418 shares on 2025-02-04 as an award (transaction code A). The filing reports an acquisition price of $0.00 (no cash paid) and a recorded value of $0. This Form 4 is an amendment that corrects an overstatement of the amount originally reported on the Form 4 filed 02/06/2025.
Key Details
- Transaction date and type: 2025-02-04 — Award/Grant of 9,418 shares (Code A) at $0.00.
- Vesting: 50% vests on February 28, 2027; remaining 50% vests on February 28, 2028 (Footnote F1).
- Shares owned after transaction: not specified in this amended filing.
- Filing notes: Amended Form 4 filed 2026-02-05 to correct the previously reported amount on the 02/06/2025 Form 4.
Context
- This was a compensation award (not a market purchase or sale). Awards that vest over time are common executive compensation/retention tools and do not represent an immediate market buy or sell. The amendment indicates the company corrected the originally reported quantity; investors should rely on the amended numbers.