Demmerle Stefan 4

What Happened Stefan Demmerle, a Vice President at BorgWarner Inc. (BWA), reported the sale of 5,000 shares on May 13, 2026. The shares were disposed at $65.00 each, for a total transaction value of $325,000. The filing reports this as a standard sale (transaction code S).

Key Details

• Transaction date and price: May 13, 2026 — 5,000 shares at $65.00 per share.
• Total proceeds: $325,000.
• Filing date: May 14, 2026 (filed the next business day; appears timely).
• Shares owned after transaction: Not specified in the provided Form 4 filing.
• Footnotes/plan details: No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the information provided.

Context This was a straightforward sale by a company officer. Sales are common and may reflect personal financial planning rather than a view on the company’s prospects; they are generally less informative than insider purchases. No indication in the filing that this was an option exercise, gift, or part of a pre-established plan.