CALAWAY TONIT M 4

What Happened

Tonit Calaway, BorgWarner's Executive Vice President, Chief Administrative Officer, General Counsel and Secretary, sold 14,021 shares of BorgWarner stock in an open-market/ private sale on March 9, 2026. The reported weighted-average price was $51.46 per share, generating reported proceeds of approximately $721,547. This was a sale (not a purchase or award), which is often routine insider selling and not necessarily an indicator of company performance.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (filed promptly the next day).
• Price: weighted average $51.46; actual prices ranged from $51.31 to $51.63 (footnote indicates breakdown available on request).
• Shares sold: 14,021; reported proceeds: $721,547 (as stated in the filing).
• Shares owned after transaction: not specified in the excerpt provided — see the full Form 4 for total beneficial holdings.
• Footnote: The price shown is a weighted average; the reporting person can provide the number of shares sold at each price within the range upon request.
• No indication in this filing that the sale was part of a Rule 10b5-1 plan or that it was late.

Context

Insider sales are common for reasons such as diversification, personal liquidity needs, or routine selling of vested shares; they are generally less informative than insider purchases about management confidence. For more detail (e.g., holdings after the sale or per-price breakdown), consult the full Form 4 filing (Accession No. 0001225208-26-003505) or request the issuer/SEC staff for the price-by-price allocation noted in the footnote.