Aaron Craig 4

What Happened
Aaron Craig, Executive Vice President & Chief Financial Officer of BorgWarner (BWA), was granted 20,910 restricted shares on February 3, 2026. The award was granted for no consideration (price reported $0.00). This is a compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-02-03; Form filed: 2026-02-05 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A); number of shares: 20,910; price paid: $0.00.
• Vesting (per filing footnote): 50% vest on Feb 28, 2028; remaining 50% vest on Feb 28, 2029.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = restricted stock award with the above vesting; F2 = granted for no consideration.
• No 10b5-1 plan, tax-withholding sale, or immediate disposition noted.

Context
Restricted stock awards are a common form of executive compensation and typically vest over time and may be forfeitable if employment ends before vesting. Because this was a grant (not a purchase or sale), it should be viewed as compensation rather than a direct market signal about the insider’s view of the stock.