Form 4: BorgWarner Vice President Sells 21,500 Shares in Open Market Transaction

BorgWarner Vice President Stefan Demmerle sold 21,500 shares of common stock at a weighted average price of $34.7943 on November 14, 2024.

Summary

• Stefan Demmerle, a Vice President at BorgWarner Inc., sold 21,500 shares of the company's common stock on November 14, 2024.
• The sale was executed at a weighted average price of $34.7943 per share.
• The prices received ranged from $34.7500 to $34.9600.
• Following the transaction, Demmerle directly owns 227,512.69 shares of BorgWarner common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to an executive's stock transactions and is common in publicly traded companies. It does not indicate any specific trend or event within the automotive industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar filings are regularly made by executives at comparable companies such as Magna International and Aptiv.

Stakeholder Impact

• The stock sale may have a minor impact on the stock price, but it is unlikely to be significant given the relatively small volume compared to the total shares outstanding.

Key Dates

Keywords

BorgWarner, stock sale, insider trading, Form 4, executive, equity