BorgWarner Director Shaun McAlmont Sells 7,000 Shares for $485,520
The insider disposed of 28% of their direct holding but still retains $1.2 million worth of stock.
On August 17, 2026, Shaun McAlmont, a director at BorgWarner Inc., announced the sale of 7,000 shares of the company's stock. According to the SEC Form 4 filing, the transaction was valued at $485,520 based on a weighted average sale price of $69.36 per share. The market price at the time of the sale, on August 17, 2026, was $69.90 per share.
BorgWarner is a major global automotive supplier, boasting a market capitalization of $13.1 billion and trailing twelve months revenue of $14.3 billion. The company is a key player in the propulsion technology sector, offering a diverse range of products and services, including traditional combustion, hybrid, and electric systems.
With 37,500 employees and operations spread across the globe, BorgWarner serves major Original Equipment Manufacturers (OEMs) and is strategically positioned to capitalize on the automotive industry's shift towards electrification. The company's expertise in thermal management, fuel injection systems, and electric propulsion solutions provides it with a competitive edge in the market.
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