secwatch.observer — SEC 8-K summary
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Issuer:     BORGWARNER INC (BWA)
CIK:        0000908255
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0000908255-23-000017
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BorgWarner discloses equity plan share availability; 2023 Stock Incentive Plan to be voted on at annual meeting
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- As of Feb 28, 2023, 2,199,465 shares remain available for new awards under existing plans.
- If stockholders approve the 2023 Stock Incentive Plan, no further awards will be granted under existing plans.
- Outstanding full value awards fell from ~3.4M shares (Dec 31, 2022) to ~2.5M shares (Feb 28, 2023) due to vesting and no new grants.
- No options outstanding as of both dates; no awards will be issued from Feb 28, 2023 through annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908255/000090825523000017/0000908255-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908255/000090825523000017/bwa-20230406.htm
  HTML page:      https://secwatch.observer/filing/0000908255-23-000017

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