Form 4: BorgWarner EVP Tania Wingfield Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Tania Wingfield, EVP & CHRO of BorgWarner, reports the disposal of common stock to cover tax obligations related to vesting restricted stock awards.

Summary

  • Tania Wingfield, an Executive Vice President and CHRO at BorgWarner Inc., filed a Form 4 with the SEC on March 4, 2025.
  • The form details changes in her beneficial ownership of BorgWarner common stock.
  • On February 28, 2025, Wingfield disposed of 1,229 shares and 2,436 shares of common stock at a price of $29.61 per share.
  • These disposals were to cover taxes due upon the vesting of certain restricted stock awards.
  • Following these transactions, Wingfield beneficially owns 62,684.25 shares of BorgWarner common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates

DateDescription
02/28/2025Date of stock disposal transactions.
03/04/2025Date of Form 4 filing.

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