BorgWarner Director Files Form 144 Notice of Proposed Sale for $327.5K in Common Stock

BorgWarner Inc. ($BWA) Form 144 Filing Analysis

Executive Summary

On September 1, 2026, Michael S. Hanley, a Director at BorgWarner Inc. ($BWA), filed a Form 144 notice indicating an intention to sell up to 5,000 shares of common stock through Raymond James and Associates. The aggregate market value of the proposed sale is $327,507.30, representing an estimated price of approximately $65.50 per share.

Securities Origin & Transaction Details

• Securities to be Sold: 5,000 shares of Common Stock.
• Approximate Sale Date: August 31, 2026.
• Origin of Shares: Acquired between April 2018 and April 2019 directly from the issuer as Board Compensation.
• Past 3 Months Sales Activity: None reported.

Market Impact & Trading Significance

• Trading Significance: Low
• Dilution / Float Impact: With 203,666,354 shares outstanding, the proposed sale of 5,000 shares constitutes less than 0.0025% of the total outstanding share base.
• Context: The planned transaction reflects standard liquidity management of previously vested director compensation shares and does not signal fundamental operational changes or material shifts in insider sentiment.