Demmerle Stefan 4

What Happened
Stefan Demmerle, Vice President at BorgWarner Inc. (BWA), reported a sale of 2,500 shares on March 10, 2026. The shares were disposed of at $53.03 per share for total proceeds of $132,575, as disclosed on a Form 4 filed March 11, 2026. This was a sale (disposition) rather than a purchase or option exercise.

Key Details

• Transaction date: 2026-03-10
• Transaction reported as: Sale (code S) — open‑market/private sale per filing
• Price per share: $53.03; Shares sold: 2,500; Total proceeds: $132,575
• Form 4 filed: 2026-03-11 (appears timely relative to the transaction)
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for "Amount Owned Following Reported Transaction"
• Footnotes/plan info: None provided in the supplied data (no 10b5‑1 or tax‑withholding notes shown)

Context
Sales by company insiders are common and can reflect routine needs (diversification, taxes, scheduled plan sales) rather than a change in their outlook on the company. Purchases tend to be a stronger signal of insider confidence. For full details (including post-transaction holdings and any footnotes), review the complete Form 4 filing (Accession: 0001225208-26-003511).