The CEO's $1.95M sale is the most informative signal in this cluster, as it follows a clear earnings miss and organic revenue decline. While the dollar amount is small relative to market cap, the timing and seniority suggest insiders see limited upside. Monitor for further insider selling or guidance cuts at the next earnings event.
Price Chart
Executive Summary
Five BorgWarner insiders, including CEO Joseph Fadool, sold a total of $3.15M in open-market sales within a week of the company's Q1 2026 earnings miss. The CEO's $1.95M sale is the largest, and the cluster follows a 3.8% EPS miss and 4.2% organic revenue decline, suggesting insiders are reducing exposure amid ongoing headwinds from legacy auto exposure and the Battery Energy Systems wind-down.
Key Financial Metrics
Key Facts
- CEO Joseph Fadool sold 29,000 shares for $1.95M on May 13, 2026
- Total insider sales of $3.15M represent 0.02% of BWA's $13.8B market cap
- Cluster occurred 7 days after Q1 2026 earnings miss (EPS $1.24 vs. $1.29 consensus, revenue $3.533B vs. $3.59B)
- Organic sales declined 4.2% YoY, with Battery Energy Systems down 36%
- All 5 insiders sold on open market; no 10b5-1 pattern evident from single-event cluster
Financial Impact
Insider sales of $3.15M are trivial relative to $13.8B market cap (0.02%), but the CEO-led cluster post-earnings-miss signals management's lack of confidence in near-term recovery
Risk Factors
- Further insider selling could accelerate if Q2 2026 results also disappoint
- Battery Energy Systems wind-down may continue to drag organic growth
- Full-year 2026 guidance maintained but may be at risk given Q1 miss
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-1778867641684 |
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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