Form 4: BorgWarner EVP Tania Wingfield Reports Sale of 24,000 Shares
SEC Form 4 Filing
Tania Wingfield, EVP & CHRO of BorgWarner Inc., reported the sale of 24,000 shares of common stock at an average price of $28.7891 on March 5, 2025.
Summary
- On March 5, 2025, Tania Wingfield, the EVP & CHRO of BorgWarner Inc., sold 24,000 shares of BorgWarner's common stock.
- The sale was executed at a weighted average price of $28.7891 per share.
- The prices received ranged from $28.5000 to $29.1050.
- Following the transaction, Wingfield directly owns 39,110 shares of BorgWarner's common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Tania Wingfield sold 24,000 shares of BorgWarner common stock. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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