BorgWarner Director Shaun McAlmont Sells 7,000 Shares for $485,520
In a filing with the SEC, BorgWarner Director Shaun McAlmont disclosed the sale of 7,000 shares of company stock on August 17, 2026. The transaction, valued at $485,520, represented a 28% reduction in McAlmont's direct equity holdings, leaving him with 18,070 shares worth approximately $1.2 million as of the market close on that day.
The sale price of $69.36 per share was executed at a time when BorgWarner shares had surged by 69% over the past year. The filing revealed no indirect or derivative ownership structures, indicating the sale was a straightforward transaction involving direct shares. BorgWarner is a global provider of advanced propulsion technologies for internal combustion engines, hybrid and electric drivetrains, with a market capitalization of $13.1 billion.
Analysts generally view the company positively, with 67% rating it as a buy and a median one-year price target of $81.50, suggesting a potential 26.2% gain from current levels.
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