4Filed Aug 31, 8:00 PM ET
BorgWarner (BWA) Director Michael S. Hanley Sells 5,000 Shares
$BWA · BORGWARNER INCResearch Summary
AI-generated summary of this SEC filing
BorgWarner (BWA) Director Michael S. Hanley Sells 5,000 Shares
What Happened
Michael S. Hanley, a director of BorgWarner Inc. (BWA), sold 5,000 shares in an open-market transaction on August 28, 2026. The shares were disposed at $65.51 each for a total transaction value of approximately $327,550. This was a sale (transaction code S), which is typically a disposition of previously held stock.
Key Details
- Transaction date: 2026-08-28 (reported on Form 4 filed 2026-09-01; Accession 0001225208-26-007416)
- Security: Common stock of BorgWarner Inc.
- Shares sold: 5,000 at $65.51 per share — total ≈ $327,550
- Transaction type/code: Open-market sale (S)
- Shares owned after transaction: Not disclosed in the provided filing details
- Footnotes/plan info: No 10b5‑1 plan, tax-withholding, or other footnotes noted in the provided summary
Context
Insider sales can reflect many reasons (portfolio diversification, tax planning, routine trading) and do not, by themselves, indicate a change in company prospects. This report documents the sale; it does not provide evidence of insider sentiment or future company performance.