Form 4: BorgWarner Vice President Isabelle McKenzie Reports Stock Transactions
SEC Form 4 Filing
Isabelle McKenzie, Vice President of BorgWarner, reports the withholding of shares to cover taxes upon vesting of restricted stock awards.
Summary
- Isabelle McKenzie, a Vice President at BorgWarner Inc., filed a Form 4 with the SEC.
- The form reports changes in beneficial ownership of BorgWarner stock.
- On February 28, 2025, shares were withheld to cover taxes due upon the vesting of restricted stock awards.
- 1,180 shares were withheld at a price of $29.61.
- An additional 2,163 shares were withheld at a price of $29.61.
- Following these transactions, McKenzie directly owns 68,047.55 shares of BorgWarner common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transactions (shares withheld for taxes). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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