Form 4: BorgWarner VP Acquires Shares in Recent Transactions

Amy B. Kulikowski, VP & Chief Accounting Officer of BorgWarner, reports acquisition of company stock through recent transactions.

Summary

• Amy B. Kulikowski, VP & Chief Accounting Officer at BorgWarner Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, Kulikowski acquired 9,632 shares of Common Stock at $31.15 per share.
• On the same date, Kulikowski acquired 2,090 shares of Common Stock at $33.86 per share.
• Following these transactions, Kulikowski directly owns 11,722 shares of BorgWarner Inc.
• The 9,632 shares vest 50% on March 1, 2025, and 50% on March 1, 2026.
• The 2,090 shares vest 50% on February 28, 2026, and 50% on February 28, 2027.

Sentiment

Score: 6

Explanation: Insider buying is generally viewed as a positive sign, suggesting confidence in the company's prospects, but it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and prospects.

Comparison to Industry Standards

• Comparing BorgWarner to companies like Magna International or Aptiv, insider transactions are a common occurrence.
• The size and frequency of these transactions are generally in line with industry norms for executive compensation and stock ownership.

Stakeholder Impact

• The stock acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates