BorgWarner Director Shaun McAlmont Sells Shares Worth $485,520
Shaun McAlmont, a director at BorgWarner Inc. (NYSE:BWA), sold 7,000 shares on August 17, 2026, for a total of $485,520 based on the weighted average sale price of $69.36 per share. This transaction reduced his direct equity holdings by approximately 28%, leaving him with 18,070 shares valued at around $1.2 million as of August 17 market close. The stock had appreciated significantly in recent months, achieving a 69% return over the past year and closing on that date at $69.90 per share. The sale appears to be part of profit-taking rather than an indication of concern about company performance or future prospects. BorgWarner reported second-quarter net sales of $3.6 billion in 2026, showing modest growth compared to the prior year. The transaction was a direct common stock sale with no disclosed indirect holdings or derivative instruments involved.
