Vanthournout Henk 4
Research Summary
AI-generated summary
BorgWarner (BWA) VP Henk Vanthournout Receives Restricted Stock Award
What Happened
- Henk Vanthournout, Vice President of BorgWarner Inc. (BWA), was granted a restricted stock award of 7,130 shares on 2026-02-03. The shares were granted for no consideration (price reported as $0.00), so there was no cash purchase or sale. This is an award/compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-03; filing date: 2026-02-05 (appears timely under Form 4 rules).
- Grant type/transaction code: A (award/grant/acquisition).
- Shares granted: 7,130; reported acquisition price: $0.00 (no consideration).
- Vesting: 50% vests on February 28, 2028; remaining 50% vests on February 28, 2029 (footnote F1).
- Footnote F2: The restricted stock was granted for no consideration.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- Restricted stock awards are common executive compensation; they do not indicate an immediate cash outlay or market sale and typically vest over time, aligning executive incentives with long-term performance.
- For retail investors, grants are less direct signals of immediate insider conviction than open-market purchases, but the vesting schedule shows the executive will have continued exposure to company performance through 2029.