BorgWarner Director Sells Shares Worth $485,520
On August 17, 2026, BorgWarner director Shaun McAlmont sold 7,000 shares of the company for a total value of $485,520. The transaction was reported via an SEC Form 4 filing and executed at a weighted average price of $69.36 per share. This sale represents a significant reduction—about 28%—in McAlmont's direct equity holdings in BorgWarner, leaving him with 18,070 shares valued at approximately $1.2 million as of the market close on August 17, 2026. The stock had appreciated by nearly 69% over the previous year before this transaction. BorgWarner is a major supplier in automotive propulsion technologies and has shown strong financial performance with a TTM revenue of $14.3 billion and a market capitalization exceeding $13 billion.
Topics: BorgWarner insider trading