CALAWAY TONIT M 4
4 · BORGWARNER INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
BorgWarner (BWA) EVP Tonit Calaway Sells 9,725 Shares
What Happened
Tonit M. Calaway, BorgWarner's Executive VP, Chief Administrative Officer, General Counsel and Secretary, sold 9,725 shares of BWA stock in an open-market transaction on February 18, 2026. The weighted-average price was $62.61, yielding roughly $608,914 in proceeds. This was a sale (not a purchase); sales by insiders are often routine and do not by themselves indicate a change in company prospects.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-19 (filed next day; appears timely).
- Type: Open-market sale (transaction code S).
- Shares sold: 9,725; weighted-average price reported $62.61; proceeds ≈ $608,914.
- Footnote: The $62.61 is a weighted average; actual sale prices ranged $62.52–$62.68. The reporting person can provide a per-price breakdown on request (Footnote F1).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the excerpt.
Context
Insider sales can reflect routine needs (diversification, taxes, liquidity) and are not inherently a negative signal. Retail investors should consider this single sale alongside broader insider activity, company fundamentals, and market conditions before drawing conclusions.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-18$62.61/sh−9,725$608,914→ 230,526 total
Footnotes (1)
- [F1]The price in Column 4 is a weighted average price. The actual prices received ranged from $62.52 to $62.68. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.