Weng Volker 4

What Happened

• Weng Volker, a Vice President at BorgWarner Inc. (BWA), was granted 41,209 performance and dividend shares on 2026-02-04 (award). The award is reported at $0 acquisition price. To cover taxes on the vesting, 18,092 shares were withheld/disposed at $48.57 per share, generating proceeds of approximately $878,728. The award relates to performance for the 2023–2025 performance period.

Key Details

• Transaction date: 2026-02-04; Filing date: 2026-02-06 (appears timely).
• Awarded: 41,209 shares (code A — grant/award).
• Withheld/disposed: 18,092 shares at $48.57 each, total ≈ $878,728 (code F — tax withholding).
• Shares owned after transaction: filing notes an adjustment to beneficial ownership (Footnote F2); final total not specified in the excerpt provided.
• Footnotes:
  • F1: Award and dividend shares earned for the 2023–2025 performance period.
  • F3: Shares withheld to cover taxes due on vesting.
  • F2: Adjustment to beneficial ownership after a records reconciliation.

Context

• This filing reports a vesting of performance-based shares, not an open-market purchase; the reported $0 price reflects an award/grant. The disposition of shares was a tax-withholding action (common when equity vests), not necessarily a voluntary market sale that would indicate a trading view. For retail investors, awards show compensation alignment but do not on their own signal insider buying intent.