BorgWarner (BWA) Director Kalathur Rajesh Buys 7,407 Shares
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BorgWarner (BWA) Director Kalathur Rajesh Buys 7,407 Shares
What Happened Kalathur Rajesh, a director of BorgWarner Inc. (BWA), acquired 7,407 shares in an open-market purchase on August 19, 2026. The Form 4 reports a total cost of $500,664, with a reported weighted average price of $67.59 per share. This was an outright purchase (code P), which is generally viewed as a direct buy of company stock rather than a sale or award.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-20 (timely filing).
- Reported shares acquired: 7,407.
- Reported weighted average price: $67.59; total reported value: $500,664.
- Footnote: The filing states the shares were purchased in multiple transactions and provides a weighted average price. It notes the per-trade prices ranged from $67.48 to $67.55 and that the reporting person can supply a per-price breakdown to the issuer, security holders, or SEC upon request.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This was a straightforward open-market purchase by a company director. Purchases by insiders can be of interest to investors because they indicate the insider spent personal funds to buy the stock; they do not, by themselves, prove future performance. There is no indication of an options exercise, gift, or 10b5‑1 plan in this filing.