The cluster is too small in dollar terms to move the stock alone, but the uniform selling by multiple VPs immediately after a miss reinforces the bearish read from Q1 results. Watch for any 8-K filing on guidance revision or further insider sales above $500K in the next 30 days — that would elevate the signal. For now, the earnings miss and organic decline are the primary drivers; this cluster is a confirmatory data point.
Price Chart
Executive Summary
Four BorgWarner insiders (all VPs or EVP/CHRO) sold a total of $1.19M in open-market sales over a 5-day window immediately following a Q1 earnings miss. The cluster is modest relative to BWA's $13.1B market cap (0.009%), but the timing — all sales occurring within a week of a 3.8% EPS miss and 4.2% organic revenue decline — raises caution about insider sentiment on near-term fundamentals.
Key Financial Metrics
Key Facts
- 4 insiders sold 39,106 shares total for $1.19M in open-market transactions (May 8-12, 2026)
- Sales occurred 2-6 days after Q1 2026 earnings miss (EPS $1.24 vs $1.29 consensus, revenue $3.533B vs $3.59B)
- Total cluster value is 0.009% of BWA's $13.1B market cap — below the 0.1% materiality threshold
- No insider purchases were reported in the cluster window
- Prior 30-day insider activity showed 5 sells totaling $2.4M, consistent with the selling pattern
Financial Impact
Insider sales of $1.19M represent 0.009% of market cap — economically trivial but directionally consistent with post-earnings caution
Risk Factors
- Insider sales may be pre-planned under Rule 10b5-1 trading plans, reducing their signaling value
- Cluster value is below 0.1% of market cap — statistically noise-level for a $13B company
- No C-suite (CEO/CFO) participation limits the severity of the signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BWA-1778689203746 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $63.54 $60.11 | ▼ −5.40% | ▼ −5.72% | $60.52 (−4.75%) |
Aug 25, 2026 5w ago | Insider Cluster | $65.10 $60.55 | ▼ −6.99% | ▼ −7.96% | $60.52 (−7.04%) |
Aug 20, 2026 6w ago | Insider Cluster | $67.78 $63.32 | ▼ −6.58% | ▼ −6.30% | $60.52 (−10.71%) |
Aug 20, 2026 6w ago | Insider Cluster | $64.80 $63.32 | ▼ −2.28% | ▼ −2.28% | $60.52 (−6.60%) |
Aug 18, 2026 6w ago | Insider Cluster | $67.95 $62.94 | ▼ −7.38% | ▼ −6.39% | $60.52 (−10.93%) |
Aug 10, 2026 7w ago | 8-K | $69.28 $66.80 | ▼ −3.58% | ▼ −2.67% | $60.52 (−12.64%) |
Aug 5, 2026 8w ago | 8-K | $66.34 $65.18 | ▼ −1.75% | ▼ −1.15% | $60.52 (−8.78%) |
Aug 1, 2026 8w ago | Institutional Cluster | $63.31 $64.16 | ▲ +1.34% | ▲ +0.10% | $60.52 (−4.41%) |
Jul 31, 2026 9w ago | 8-K | $63.74 $64.09 | ▲ +0.55% | ▼ −2.44% | $60.52 (−5.05%) |
Jun 12, 2026 16w ago | Institutional Cluster | $74.51 $64.99 | ▼ −12.78% | ▼ −14.56% | $60.52 (−18.78%) |
US Market Status
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