Form 4: BorgWarner Vice President Volker Weng Reports Sale of Common Stock
SEC Form 4 Filing
Volker Weng, a Vice President at BorgWarner, sold 7,053 shares of common stock at an average price of $30.4902 on February 26, 2025.
Summary
- On February 26, 2025, Volker Weng, a Vice President at BorgWarner Inc., sold 7,053 shares of common stock.
- The sale was executed at a weighted average price of $30.4902 per share, with individual prices ranging from $30.4900 to $30.5050.
- Following the transaction, Weng directly owns 121,001.96 shares of BorgWarner common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company officer. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This sale by a Vice President is a routine event and may not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Volker Weng sold 7,053 shares of BorgWarner common stock. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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