BorgWarner Director Michael Hanley Sells 5,000 Shares for $327,550
After the sale, the insider retained 34,313 shares.
BorgWarner Director Michael Hanley has sold 5,000 shares of the company's common stock, resulting in a transaction value of $327,550 according to the company's recent SEC Form 4 filing. The shares were sold on August 28, 2026, with a weighted average sale price of $65.51 per share. At the market close on the same day, the value of the shares increased to $64.09 each.
BorgWarner, a diversified automotive supplier with a market capitalization of $12.6 billion, generates $14.3 billion in revenue on a TTM basis. This substantial scale positions the company to capitalize on the industry's transition towards electrification and advanced propulsion technologies. Leveraging its relationships with major Original Equipment Manufacturers (OEMs) and its comprehensive product portfolio across traditional and next-generation vehicle architectures, BorgWarner enjoys a competitive advantage rooted in its technological expertise in thermal management, e-propulsion systems, and fuel injection technologies, complemented by a global manufacturing footprint and an established market presence.
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