Demmerle Stefan 4

What Happened
Stefan Demmerle, a Vice President at BorgWarner (BWA), was granted 22,610 restricted shares on February 3, 2026. The award was granted for no consideration (reported price $0.00), so the reported acquisition value is $0. This is an equity compensation award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-03 (reported on Form 4 filed 2026-02-05).
• Price: $0.00 per share (restricted stock granted for no consideration).
• Shares granted: 22,610 restricted shares.
• Vesting: 50% vests on February 28, 2028; remaining 50% vests on February 28, 2029 (Footnote).
• Shares owned after transaction: not disclosed in this filing.
• Timeliness: Form 4 filed two days after the grant date (timely filing).

Context
Restricted stock awards are compensation that convert to ordinary shares as they vest; they are not immediate cash purchases or sales and thus do not necessarily indicate buying/selling sentiment. This grant increases Demmerle’s potential future ownership if vesting conditions are met.