Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-10

BorgWarner (BWA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$15,539,233
Joseph Fadool total, FY2025
59th
CEO pay percentile vs peers
326:1
CEO-to-median pay ratio
96.07%
Say-on-pay support, latest vote
Companies that benchmark against BWA
14 companies name BWA as a compensation peer

Each company listed discloses BWA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BWA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Joseph Fadool$1,237,329$0$10,613,383$0$3,188,117$0$500,404$15,539,233
President and Chief Executive Officer
Frederic Lissalde694,90507,734,2340411,5620864,9559,705,656
Former President and Chief Executive Officer
Stefan Demmerle845,00003,320,79501,531,1400381,5036,078,438
Vice President, President and General Manager, BorgWarner PowerDrive Systems
Tonit Calaway740,00003,003,17201,554,0000289,9485,587,120
Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Volker Weng780,00002,918,04201,545,240-35,803378,0775,585,556
Vice President, President and General Manager, BorgWarner Turbos and Thermal Technologies
Craig Aaron731,25002,808,62801,575,0000297,4375,412,315
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Joseph Fadool$15,539,233
Frederic Lissalde9,705,656
Stefan Demmerle6,078,438
Tonit Calaway5,587,120
Volker Weng5,585,556
Craig Aaron5,412,315

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Sailaja K. ShankarDirector2026-04-29A3,228$0$0CommonForm 4 ↗
Sailaja K. ShankarDirector2026-04-29A8300CommonForm 4 ↗
Alexis P. MichasDirector2026-04-29A3,22800CommonForm 4 ↗
Shaun E. McAlmontDirector2026-04-29A3,22800CommonForm 4 ↗
Sara A. GreensteinDirector2026-04-29A8300CommonForm 4 ↗
Michael S. HanleyDirector2026-04-29A3,22800CommonForm 4 ↗
Hau N. Thai-TangDirector2026-04-29A8300CommonForm 4 ↗
Hau N. Thai-TangDirector2026-04-29A3,22800CommonForm 4 ↗
Sara A. GreensteinDirector2026-04-29A3,22800CommonForm 4 ↗
Alexis P. MichasDirector2026-04-29A8300CommonForm 4 ↗
Shaun E. McAlmontDirector2026-04-29A8300CommonForm 4 ↗
Michael S. HanleyDirector2026-04-29A8300CommonForm 4 ↗
Deborah D. McWhinneyDirector2026-04-29A3,22800CommonForm 4 ↗
Deborah D. McWhinneyDirector2026-04-29A8300CommonForm 4 ↗
Stefan DemmerleVice President2026-05-08D5,00062310,000CommonForm 4 ↗
Stefan DemmerleVice President2026-05-08D20,000591,185,150CommonForm 4 ↗
Tania WingfieldEVP & CHRO2026-05-11D5,00063316,221CommonForm 4 ↗
Volker WengVice President2026-05-11D5,60662345,628CommonForm 4 ↗
Isabelle McKenzieVice President2026-05-12D3,50063221,733CommonForm 4 ↗
Joseph F. FadoolDirector2026-05-13D29,000671,951,854CommonForm 4 ↗
Stefan DemmerleVice President2026-05-13D5,00065325,000CommonForm 4 ↗
Volker WengVice President2026-05-14D5,00068338,550CommonForm 4 ↗
Volker WengVice President2026-05-28D5,00072361,751CommonForm 4 ↗
Sailaja K. ShankarDirector2026-06-05D5,00073365,389CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01A3,59300CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01D68,854664,571,906CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01D69,014664,582,530CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01A3,93200CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Tonit CalawayRSU2025-02-0427,730$868,781
Craig AaronPSU2025-02-0427,26554,53054,530109,0601,966,352
Stefan DemmerleRSU2025-02-0430,214946,605
Frederic LissaldePSU2025-02-0477,820155,640155,640311,2805,612,378
Frederic LissaldeRSU2025-02-0467,7262,121,856
Joseph FadoolPSU2025-02-0726,14559,76059,760119,5201,978,355
Stefan DemmerlePSU2025-02-0432,92065,84065,840131,6802,374,190
Joseph FadoolRSU2025-02-0481,3312,548,100
Craig AaronRSU2025-02-0426,884842,276
Joseph FadoolPSU2025-02-0484,400168,800168,800337,6006,086,928
Volker WengRSU2025-02-0427,027846,756
Volker WengPSU2025-02-0428,72057,44057,440114,8802,071,286
Tonit CalawayPSU2025-02-0429,59559,19059,190118,3802,134,391
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Tonit Calaway$868,781$2,134,391$071.1%
Craig Aaron842,2761,966,352070.0%
Stefan Demmerle946,6052,374,190071.5%
Frederic Lissalde2,121,8565,612,378072.6%
Joseph Fadool2,548,1008,065,283076.0%
Volker Weng846,7562,071,286071.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Stefan DemmerlePSU262,027$11,806,937
Frederic LissaldePSU765,22334,480,948
Joseph FadoolPSU600,63527,064,613
Volker WengPSU212,7159,584,938
Craig AaronRSU49,5712,233,669
Volker WengRSU61,5892,775,200
Tonit CalawayPSU235,52710,612,847
Tonit CalawayRSU215,0539,690,288
Craig AaronPSU192,7368,684,684
Stefan DemmerleRSU76,4503,444,837
Joseph FadoolRSU131,3665,919,352
05

Incentive-plan design — the Compensation Discussion & Analysis

We are committed to providing competitive compensation opportunities designed to deliver equal pay for equal work regardless of race, color, age, religion, sex, sexual orientation, gender, identity/expression, national origin, disability, veteran status, or any other characteristic protected by applicable law.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantPearl Meyer & Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-29168,106,8596,878,029419,25896.07%Passed
20252025-04-30162,633,36025,105,228393,53186.63%Passed
20242024-04-24136,529,70650,770,702344,30872.89%Passed
20232023-04-26179,505,11714,546,724299,07592.5%Passed
20222022-04-27181,168,98811,697,9812,014,00093.93%Passed
20212021-04-28192,736,77211,084,064382,95394.56%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2996.07%a
20252025-04-3086.63%b
20242024-04-2472.89%c

a. Approved under the standard stated in the filing — “For purposes of determining the advisory vote regarding this proposal, abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of "votes cast." Proxies solicited by our Board will be voted "for" approval of the compensation of our NEOs unless a stockholder specifies otherwise.”.

b. Approved under the standard stated in the filing — “For purposes of determining the advisory vote regarding this proposal, abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of "votes cast." Proxies solicited by our Board will be voted "for" approval of the compensation unless a stockholder specifies otherwise.”.

c. Approved under the standard stated in the filing — “For purposes of determining the advisory vote regarding this proposal, abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of "votes cast." Proxies solicited by our Board will be voted "for" approval of the compensation unless a stockholder specifies otherwise.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)326 : 1
CEO total compensation$15,634,340
Median employee compensation$47,910
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Alexis P. MichasIndependent · Board Chair · Executive (Chair)$316,000$165,000$0$0$0$481,000
Michael S. HanleyIndependent · Audit (Chair) · Executive164,000165,000000329,000
Deborah D. McWhinneyIndependent · Audit · Compensation (Chair)162,500165,000000327,500
Sara A. GreensteinIndependent · Compensation · Corporate Governance (Chair)159,000165,000000324,000
Sailaja K. ShankarIndependent · Audit146,500165,000000311,500
Shaun E. McAlmontIndependent · Compensation · Corporate Governance145,000165,000000310,000
Hau N. Thai-TangIndependent · Audit143,500165,000000308,500
Joseph F. FadoolEmployee director · Executive · Newly elected00000
Frederic B. LissaldeEmployee director · Not standing for re-election · Departed during FY00000
09

Board fee structure and ownership guideline

Annual cash retainer$316,000
Annual equity retainer$165,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,236,500
Equity awards (grant-date value)$1,155,000
All other compensation$0
Total cost of the board$2,391,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies BorgWarner names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including BorgWarner.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Trane Technologies plc2025David Regnery$1,512,500$8,900,397$5,700,010$2,831,173$27,262,157
2Emerson Electric Co.2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
3Cummins Inc.2025Jennifer Rumsey1,533,7506,429,00406,975,65619,905,532
4Textron Inc.2024Scott Donnelly1,413,46111,586,8403,946,6831,641,00019,643,978
5Parker-Hannifin Corporation2025Jennifer Parmentier1,462,5006,313,2266,941,3153,356,41619,317,705
6Aptiv PLC2025Kevin Clark1,462,27215,145,16002,303,07819,250,277
7Dover Corporation2025Richard Tobin1,387,3858,040,7266,562,519018,757,706
8BorgWarner2025Joseph Fadool1,237,32910,613,38303,188,11715,539,233
9Rockwell Automation, Inc.2025Blake Moret1,210,4567,700,4213,300,0101,737,61015,401,707
10Illinois Tool Works Inc.2025Christopher A. O'Herlihy1,337,2715,249,9575,249,9962,702,38915,211,011
11The Goodyear Tire & Rubber Company2025Mark Stewart1,400,0007,128,09304,899,20014,602,389
12Fortive Corporation2025Olumide Soroye931,7338,196,1253,706,5191,358,10014,405,012
13Adient plc2025Jerome Dorlack665,00010,754,42601,443,05013,114,394
14Oshkosh Corporation2025John C. Pfeifer1,243,84710,000,03101,314,86412,935,995
15PACCAR Inc.2025R. Preston Feight1,690,3854,900,5002,174,4851,326,52112,618,865
16Stanley Black & Decker, Inc.2025Christopher Nelson997,4623,964,6991,321,569929,0557,656,246
17Dana Incorporated2025R. Bruce McDonald1,300,0004,124,985005,609,922
18Autoliv, Inc.2025Mikael Bratt1,506,525940,97301,645,7724,784,549
Magna International Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
BorgWarner175%PSU 67 · RSU 33YesPearl Meyer & Partners, LLC
Adient plc108%PSU 60 · RSU 40Yes — relative TSRWillis Towers Watson
Aptiv PLC105%PSU 60 · RSU 40Nonot disclosed
Autoliv, Inc.168%PSU 100NoMeridian Compensation Partners
Cummins Inc.90%PSU 70 · Cash LTI 30NoFarient
Dana Incorporated200%PSU 50 · RSU 50Yes — Relative TSRMeridian Compensation Partners, LLC
Dover Corporation121.7%PSU 40 · Options 40 · RSU 20Yes — 3-Year relative TSRMeridian Compensation Partners, LLC
Emerson Electric Co.141.5%PSU 55 · RSU 45Yes — relative total shareholder return modifier benchmark (rTSR)Exequity LLP
Fortive Corporationnot disclosedPSU 50 · RSU 25 · Options 25Yes — Relative TSR vs. S&P 500Pearl Meyer
Illinois Tool Works Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners LLC
Magna International Inc.not disclosednot disclosednot disclosednot disclosed
Oshkosh Corporation70.4%PSU 50 · RSU 50NoMercer
PACCAR Inc.62.7%not disclosedNoThe Committee typically retains a compensation consultant to assess the competitiveness of the Company's compensation programs every two years. It did not employ a compensation consultant in 2025.
Parker-Hannifin Corporation139.09%PSU 50 · Options 50NoMercer Consulting (Marsh & McLennan Companies, Inc.)
Rockwell Automation, Inc.95.7%PSU 40 · Options 30 · RSU 30NoWillis Towers Watson
Stanley Black & Decker, Inc.72.3%PSU 50 · RSU 25 · Options 25Yes — Relative TSRPay Governance
Textron Inc.128.6%PSU 50 · RSU 25 · Options 25NoPearl Meyer
The Goodyear Tire & Rubber Company98%Cash LTI 40 · RSU 30 · PSU 30Yes — Relative Total Shareholder Return (TSR)Exequity
Trane Technologies plc109.21%PSU 50 · Options 40 · RSU 10Yes — Relative TSRMeridian Compensation Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Joseph FadoolDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 15,539,233. Filing ↗machine: t214 · r10 · c16 · span 1542215–1542225
2Section 01, Frederic LissaldeDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 9,705,656. Filing ↗machine: t214 · r28 · c16 · span 1642549–1642558
3Section 01, Stefan DemmerleDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 6,078,438. Filing ↗machine: t214 · r16 · c16 · span 1575904–1575913
4Section 01, Tonit CalawayDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 5,587,120. Filing ↗machine: t214 · r24 · c16 · span 1620293–1620302
5Section 01, Volker WengDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 5,585,556. Filing ↗machine: t214 · r20 · c16 · span 1598128–1598137
6Section 01, Craig AaronDEF 14A2026-03-190001104659-26-031748Section “Executive Compensation Tables” · page 54. As printed: 5,412,315. Filing ↗machine: t214 · r13 · c16 · span 1558817–1558826
7Section 03, Tonit Calaway RSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r25 · c22 · span 1947061–1947068
8Section 03, Craig Aaron PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r15 · c22 · span 1868169–1868178
9Section 03, Stefan Demmerle RSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r19 · c22 · span 1899598–1899605
10Section 03, Frederic Lissalde PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r27 · c22 · span 1962721–1962730
11Section 03, Frederic Lissalde RSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r28 · c22 · span 1970563–1970572
12Section 03, Joseph Fadool PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r11 · c22 · span 1836765–1836774
13Section 03, Stefan Demmerle PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r18 · c22 · span 1891807–1891816
14Section 03, Joseph Fadool RSUDEF 14A2026-03-190001104659-26-031748Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t227 · r13 · c22 · span 1852193–1852202
15Section 03, Craig Aaron RSUDEF 14A2026-03-190001104659-26-031748Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t227 · r16 · c22 · span 1876035–1876042
16Section 03, Joseph Fadool PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r12 · c22 · span 1844402–1844411
17Section 03, Volker Weng RSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r22 · c22 · span 1923445–1923452
18Section 03, Volker Weng PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r21 · c22 · span 1915529–1915538
19Section 03, Tonit Calaway PSUDEF 14A2026-03-190001104659-26-031748Section “AUDIT COMPENSATION CORPORATE GOVERNANCE EXECUTIVE” · grants of plan-based awards table. Filing ↗machine: t227 · r24 · c22 · span 1939270–1939279
20Section 07, pay ratioDEF 14A2026-03-190001104659-26-031748Section “CEO Pay Ratio”. As printed: 326 : 1. Filing ↗
21Section 08, Alexis P. MichasDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 481,000. Filing ↗machine: t311 · r14 · c14 · span 2977356–2977363
22Section 08, Michael S. HanleyDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 329,000. Filing ↗machine: t311 · r11 · c14 · span 2960624–2960631
23Section 08, Deborah D. McWhinneyDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 327,500. Filing ↗machine: t311 · r13 · c14 · span 2971698–2971705
24Section 08, Sara A. GreensteinDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 324,000. Filing ↗machine: t311 · r10 · c14 · span 2955212–2955219
25Section 08, Sailaja K. ShankarDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 311,500. Filing ↗machine: t311 · r15 · c14 · span 2982769–2982776
26Section 08, Shaun E. McAlmontDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 310,000. Filing ↗machine: t311 · r12 · c14 · span 2966283–2966290
27Section 08, Hau N. Thai-TangDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 308,500. Filing ↗machine: t311 · r16 · c14 · span 2988427–2988434
28Section 08, Joseph F. FadoolDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Frederic B. LissaldeDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Sailaja K. Shankar 2026-04-29Form 42026-05-010001225208-26-004759Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Sailaja K. Shankar 2026-04-29Form 42026-05-010001225208-26-004759Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Alexis P. Michas 2026-04-29Form 42026-05-010001225208-26-004758Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Shaun E. McAlmont 2026-04-29Form 42026-05-010001225208-26-004762Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Sara A. Greenstein 2026-04-29Form 42026-05-010001225208-26-004764Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Michael S. Hanley 2026-04-29Form 42026-05-010001225208-26-004761Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Hau N. Thai-Tang 2026-04-29Form 42026-05-010001225208-26-004763Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Hau N. Thai-Tang 2026-04-29Form 42026-05-010001225208-26-004763Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Sara A. Greenstein 2026-04-29Form 42026-05-010001225208-26-004764Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Alexis P. Michas 2026-04-29Form 42026-05-010001225208-26-004758Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Shaun E. McAlmont 2026-04-29Form 42026-05-010001225208-26-004762Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Michael S. Hanley 2026-04-29Form 42026-05-010001225208-26-004761Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Deborah D. McWhinney 2026-04-29Form 42026-05-010001225208-26-004760Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Deborah D. McWhinney 2026-04-29Form 42026-05-010001225208-26-004760Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Stefan Demmerle 2026-05-08Form 42026-05-120001225208-26-005138Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Stefan Demmerle 2026-05-08Form 42026-05-120001225208-26-005138Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Tania Wingfield 2026-05-11Form 42026-05-120001225208-26-005140Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Volker Weng 2026-05-11Form 42026-05-120001225208-26-005139Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Isabelle McKenzie 2026-05-12Form 42026-05-130001225208-26-005230Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Joseph F. Fadool 2026-05-13Form 42026-05-140001225208-26-005313Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Stefan Demmerle 2026-05-13Form 42026-05-140001225208-26-005314Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Volker Weng 2026-05-14Form 42026-05-150001225208-26-005349Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Volker Weng 2026-05-28Form 42026-05-290001225208-26-005640Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Sailaja K. Shankar 2026-06-05Form 42026-06-080001225208-26-005874Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Tonit Calaway 2026-07-01Form 42026-07-020001225208-26-006333Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Tonit Calaway 2026-07-01Form 42026-07-020001225208-26-006333Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Tonit Calaway 2026-07-01Form 42026-07-100001225208-26-006580Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Tonit Calaway 2026-07-01Form 42026-07-100001225208-26-006580Insider equity transaction reported since the proxy statement. Filing ↗
58Section 06, 2026 voteForm 8-K2026-04-300000908255-26-000018Item 5.07 · say-on-pay result. As reported: 96.07% (votes for as printed: 168,106,859). Filing ↗
59Section 06, 2025 voteForm 8-K2025-05-010000908255-25-000013Item 5.07 · say-on-pay result. As reported: 86.63% (votes for as printed: 162,633,360). Filing ↗
60Section 06, 2024 voteForm 8-K2024-04-250000908255-24-000016Item 5.07 · say-on-pay result. As reported: 72.89% (votes for as printed: 136,529,706). Filing ↗
61Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
62Section 09b board cost (computed)ComputedcomputedCash 1,236,500 + equity 1,155,000 + all other 0 = 2,391,500, summed across the director compensation table rows.machine: formula: Σ = 2,391,500
63Trane Technologies plc, Section 10b CEO totalDEF 14A2026-04-230001628280-26-026679CEO total compensation as printed in Trane Technologies plc's own proxy. As printed: 27,262,157. Filing ↗machine: t21 · r2 · c15 · span 319298–319308
64Emerson Electric Co., Section 10b CEO totalDEF 14A2025-12-120000032604-25-000103CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
65Cummins Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039158CEO total compensation as printed in Cummins Inc.'s own proxy. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468
66Textron Inc., Section 10b CEO totalDEF 14A2026-03-050001552781-26-000084CEO total compensation as printed in Textron Inc.'s own proxy. As printed: 19,643,978. Filing ↗machine: r7 · c18 · span 701332–701342
67Parker-Hannifin Corporation, Section 10b CEO totalDEF 14A2025-09-190001308179-25-000603CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 19,317,705. Filing ↗machine: r2 · c24 · span 1027257–1027267
68Aptiv PLC, Section 10b CEO totalDEF 14A2026-03-160001193125-26-108328CEO total compensation as printed in Aptiv PLC's own proxy. As printed: 19,250,277. Filing ↗machine: r2 · c14 · span 1493009–1493019
69Dover Corporation, Section 10b CEO totalDEF 14A2026-03-240001193125-26-120708CEO total compensation as printed in Dover Corporation's own proxy. As printed: 18,757,706. Filing ↗machine: t263 · r2 · c35 · span 813120–813130
70BorgWarner (subject), Section 10b CEO totalDEF 14A2026-03-190001104659-26-031748CEO total compensation as printed in BorgWarner's own proxy. As printed: 15,539,233. Filing ↗machine: t214 · r10 · c16 · span 1542215–1542225
71Rockwell Automation, Inc., Section 10b CEO totalDEF 14A2025-12-220001308179-25-000665CEO total compensation as printed in Rockwell Automation, Inc.'s own proxy. As printed: 15,401,707. Filing ↗machine: t89 · r1 · c18 · span 642843–642853
72Illinois Tool Works Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127599CEO total compensation as printed in Illinois Tool Works Inc.'s own proxy. As printed: 15,211,011. Filing ↗machine: span 1647874–1647884
73The Goodyear Tire & Rubber Company, Section 10b CEO totalDEF 14A2026-03-060001628280-26-015520CEO total compensation as printed in The Goodyear Tire & Rubber Company's own proxy. As printed: 14,602,389. Filing ↗machine: span 1108942–1108952
74Fortive Corporation, Section 10b CEO totalDEF 14A2026-04-290001193125-26-189078CEO total compensation as printed in Fortive Corporation's own proxy. As printed: 14,405,012. Filing ↗machine: r5 · c17 · span 4058481–4058492
75Adient plc, Section 10b CEO totalDEF 14A2026-01-210001670541-26-000011CEO total compensation as printed in Adient plc's own proxy. As printed: 13,114,394. Filing ↗machine: r2 · c27 · span 554715–554726
76Oshkosh Corporation, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035209CEO total compensation as printed in Oshkosh Corporation's own proxy. As printed: 12,935,995. Filing ↗machine: r1 · c50 · span 1054711–1054721
77PACCAR Inc., Section 10b CEO totalDEF 14A2026-03-180001193125-26-113876CEO total compensation as printed in PACCAR Inc.'s own proxy. As printed: 12,618,865. Filing ↗machine: r2 · c27 · span 838577–838587
78Stanley Black & Decker, Inc., Section 10b CEO totalDEF 14A2026-03-060001140361-26-008170CEO total compensation as printed in Stanley Black & Decker, Inc.'s own proxy. As printed: 7,656,246. Filing ↗machine: r2 · c25 · span 1734426–1734435
79Dana Incorporated, Section 10b CEO totalDEF 14A2026-03-130001140361-26-009305CEO total compensation as printed in Dana Incorporated's own proxy. As printed: 5,609,922. Filing ↗machine: r2 · c25 · span 535285–535294
80Autoliv, Inc., Section 10b CEO totalDEF 14A2026-03-250001552781-26-000154CEO total compensation as printed in Autoliv, Inc.'s own proxy. As printed: 4,784,549. Filing ↗machine: r1 · c8 · span 779988–779997
81Section 10a, Oshkosh Corporation reciprocityDEF 14A0001104659-26-035209Oshkosh Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
82Section 10a, Dover Corporation reciprocityDEF 14A0001193125-26-120708Dover Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
83Section 10a, Adient plc reciprocityDEF 14A0001670541-26-000011Adient plc names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
84Section 10a, Rockwell Automation, Inc. reciprocityDEF 14A0001308179-25-000665Rockwell Automation, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
85Section 10a, Emerson Electric Co. reciprocityDEF 14A0000032604-25-000103Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
86Section 10a, Dana Incorporated reciprocityDEF 14A0001140361-26-009305Dana Incorporated names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
87Section 10a, Autoliv, Inc. reciprocityDEF 14A0001552781-26-000154Autoliv, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
88Section 10a, Cummins Inc. reciprocityDEF 14A0001104659-26-039158Cummins Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
89Section 10a, PACCAR Inc. reciprocityDEF 14A0001193125-26-113876PACCAR Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
90Section 10a, Trane Technologies plc reciprocityDEF 14A0001628280-26-026679Trane Technologies plc's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
91Section 10a, Aptiv PLC reciprocityDEF 14A0001193125-26-108328Aptiv PLC's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
92Section 10a, Fortive Corporation reciprocityDEF 14A0001193125-26-189078Fortive Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
93Section 10a, Stanley Black & Decker, Inc. reciprocityDEF 14A0001140361-26-008170Stanley Black & Decker, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
94Section 10a, Illinois Tool Works Inc. reciprocityDEF 14A0001193125-26-127599Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
95Section 10a, Parker-Hannifin Corporation reciprocityDEF 14A0001308179-25-000603Parker-Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
96Section 10a, Textron Inc. reciprocityDEF 14A0001552781-26-000084Textron Inc. names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗