Form 4: BorgWarner Executive Tonit M. Calaway Reports Sale of Common Stock
SEC Form 4 Filing
Tonit M. Calaway, EVP, CAO, Gen Counsel & Sec of BorgWarner Inc, reported selling 13,500 shares of common stock at an average price of $30.1555 on February 10, 2025.
Summary
- On February 10, 2025, Tonit M. Calaway, an executive at BorgWarner Inc, sold 13,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $30.1555 per share.
- The prices received ranged from $30.0650 to $30.3200.
- Following the transaction, Calaway directly owns 259,310.04 shares of BorgWarner common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares is not inherently positive or negative, and the amount is not significant relative to their holdings.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor such filings to understand executive sentiment and potential future actions, but a single sale doesn't necessarily indicate a broader trend.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of the stock sale transaction |
| 02/12/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, BorgWarner, BWA, Stock Sale, Executive, Calaway, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.