Form 4: BorgWarner Director Alexis P. Michas Reports Acquisition of Common Stock

Director Alexis P. Michas reports acquiring 5,814 shares of BorgWarner Inc. common stock at $28.38 per share on April 30, 2025, bringing total holdings to 87,675.45 shares.

Summary

• On April 30, 2025, Alexis P. Michas, a director of BorgWarner Inc., acquired 5,814 shares of common stock.
• The acquisition price was $28.38 per share.
• Following the transaction, Michas directly owns 87,675.45 shares of BorgWarner Inc.
• The shares acquired will vest 100% on the first anniversary of the grant date.
• The amount of securities beneficially owned includes shares acquired pursuant to dividend reinvestments exempt from Section 16 pursuant to Rule 16a-11.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's not overwhelmingly bullish without additional context.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's valuation and future performance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates

Keywords

BorgWarner, Director, Stock Acquisition, Form 4, Beneficial Ownership, Michas, BWA