Form 4: BorgWarner EVP Sells 9,725 Shares

BorgWarner's EVP, CAO, General Counsel & Secretary, Tonit M. Calaway, reported the sale of 9,725 shares of common stock for approximately $609,000.

Summary

• Tonit M. Calaway, EVP, CAO, General Counsel & Secretary of BorgWarner Inc. (BWA), reported a transaction involving the company's common stock.
• On February 18, 2026, Calaway disposed of 9,725 shares of common stock.
• The shares were sold at a weighted average price of $62.6133 per share, with actual prices received ranging from $62.52 to $62.68.
• Following this transaction, Calaway beneficially owns 230,526 shares of BorgWarner common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and personal financial management, especially given the 10b5-1 plan disclosure.

Industry Context

StockSavvy.ai notes that insider sales, particularly those executed under a Rule 10b5-1 plan, are common for various personal financial planning reasons such as diversification, liquidity, or tax planning, and do not necessarily indicate a change in the executive's outlook on the company's future performance. Such transactions are a routine part of executive compensation and portfolio management.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine insider transaction under a pre-arranged plan, not indicative of a change in company fundamentals.

Key Dates

Recommendation

This Form 4 reports a routine insider stock sale executed under a Rule 10b5-1 plan. It does not provide new fundamental information about BorgWarner Inc. or its operational performance that would warrant a change in investment recommendation. Investors should consider this a standard disclosure.

Keywords

BorgWarner, BWA, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan