Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-18

BorgWarner (BWA)

CEO Joseph Fadool was paid $15,539,233 in fiscal year 2025, ↑ up 113.6% from fiscal year 2024, the 59th percentile of its disclosed peer group (SEC filing 0001104659-26-031748 ↗): 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

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Frederic Lissalde (Former President and Chief Executive Officer), FY2025 total compensation $9,705,656 (base salary $694,905) [exec_comp, SEC accession 0001104659-26-031748, filed 2026-03-19]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

BWA's next annual pay disclosure, estimated March 19, 2027.est. Filing ↗

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 FY2024→2025
Joseph Fadool$15,539,233$7,275,809$6,916,364↑ +8,263,424
Frederic Lissalde9,705,65618,776,87819,152,545↓ −9,071,222
Stefan Demmerle6,078,4386,470,2986,481,798↓ −391,860
Tonit Calaway5,587,12010,197,6605,588,654↓ −4,610,540
Volker Weng5,585,556———
Craig Aaron5,412,3154,810,732—↑ +601,583

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

You have just read BorgWarner's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper BWA reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against BWA
19 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.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alexis P. MichasChair of the Board$481,000
Deborah D. McWhinneyIndependent Director$327,500
Hau N. Thai-TangIndependent Director$308,500
Michael S. HanleyIndependent Director$329,000
Sailaja K. ShankarIndependent Director$311,500
Sara A. GreensteinIndependent Director$324,000
Shaun E. McAlmontIndependent Director$310,000
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. ShankarDirector2026-04-29A83$0$0CommonForm 4 ↗
Deborah D. McWhinneyDirector2026-04-29A3,22800CommonForm 4 ↗
Alexis P. MichasDirector2026-04-29A3,22800CommonForm 4 ↗
Deborah D. McWhinneyDirector2026-04-29A8300CommonForm 4 ↗
Michael S. HanleyDirector2026-04-29A8300CommonForm 4 ↗
Michael S. HanleyDirector2026-04-29A3,22800CommonForm 4 ↗
Shaun E. McAlmontDirector2026-04-29A8300CommonForm 4 ↗
Shaun E. McAlmontDirector2026-04-29A3,22800CommonForm 4 ↗
Hau N. Thai-TangDirector2026-04-29A8300CommonForm 4 ↗
Hau N. Thai-TangDirector2026-04-29A3,22800CommonForm 4 ↗
Sara A. GreensteinDirector2026-04-29A3,22800CommonForm 4 ↗
Sailaja K. ShankarDirector2026-04-29A3,22800CommonForm 4 ↗
Sara A. GreensteinDirector2026-04-29A8300CommonForm 4 ↗
Alexis P. MichasDirector2026-04-29A8300CommonForm 4 ↗
Stefan DemmerleVice President2026-05-08D20,000591,185,150CommonForm 4 ↗
Stefan DemmerleVice President2026-05-11D5,00062310,000CommonForm 4 ↗
Volker WengVice President2026-05-11D5,60662345,628CommonForm 4 ↗
Tania WingfieldEVP & CHRO2026-05-11D5,00063316,221CommonForm 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 & Sec2026-07-01D68,854664,571,906CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01A3,59300CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01D69,014664,582,530CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-07-01A3,93200CommonForm 4 ↗
Shaun E. McAlmontDirector2026-08-17D7,00069485,548CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-08-17D26,624691,848,771CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-08-17D17,376701,215,799CommonForm 4 ↗
Stefan DemmerleVice President2026-08-17D1,0007070,000CommonForm 4 ↗
Isabelle McKenzieVice President2026-08-17D4,50070316,769CommonForm 4 ↗
Amy B. KulikowskiVP & Chief Accounting Officer2026-08-18D2,90069198,940CommonForm 4 ↗
Rajesh KalathurDirector2026-08-19A7,40768500,664CommonForm 4 ↗
Tonit CalawayEVP, CAO, Gen Counsel & Sec2026-08-24D22,000661,457,667CommonForm 4 ↗
Michael S. HanleyDirector2026-08-28D5,00066327,550CommonForm 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
Stefan DemmerleRSU2025-02-04——30,214—$946,605
Tonit CalawayRSU2025-02-04——27,730—868,781
Craig AaronPSU2025-02-0427,26554,530—109,0601,966,352
Joseph FadoolPSU2025-02-0484,400168,800—337,6006,086,928
Frederic LissaldePSU2025-02-0477,820155,640—311,2805,612,378
Frederic LissaldeRSU2025-02-04——67,726—2,121,856
Joseph FadoolPSU2025-02-0726,14559,760—119,5201,978,355
Stefan DemmerlePSU2025-02-0432,92065,840—131,6802,374,190
Joseph FadoolRSU2025-02-04——81,331—2,548,100
Craig AaronRSU2025-02-04——26,884—842,276
Volker WengRSU2025-02-04——27,027—846,756
Volker WengPSU2025-02-0428,72057,440—114,8802,071,286
Tonit CalawayPSU2025-02-0429,59559,190—118,3802,134,391
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Stefan Demmerle$946,605$2,374,190$071.5%
Tonit Calaway868,7812,134,391071.1%
Craig Aaron842,2761,966,352070.0%
Joseph Fadool2,548,1008,065,283076.0%
Frederic Lissalde2,121,8565,612,378072.6%
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 LissaldePSU765,223—34,480,948
Joseph FadoolPSU600,635—27,064,613
Volker WengPSU212,715—9,584,938
Craig AaronRSU49,571—2,233,669
Volker WengRSU61,589—2,775,200
Tonit CalawayPSU235,527—10,612,847
Tonit CalawayRSU215,053—9,690,288
Craig AaronPSU192,736—8,684,684
Stefan DemmerleRSU76,450—3,444,837
Joseph FadoolRSU131,366—5,919,352
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
Frederic B. LissaldeEmployee director · Not standing for re-election · Departed during FY000—00
Joseph F. FadoolEmployee director · Executive · Newly elected000—00
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
2Parker-Hannifin Corporation2026Jennifer Parmentier1,537,5007,586,8987,841,9404,539,82222,761,169
3Emerson Electric Co.2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
4Textron Inc.2025Scott Donnelly1,530,57710,588,9423,463,1193,246,00021,165,556
5Cummins Inc.2025Jennifer Rumsey1,533,7506,429,00406,975,65619,905,532
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 45NoExequity
Fortive Corporationnot disclosedPSU 50 · RSU 25 · Option 25Yes — Relative TSR vs. S&P 500Pearl Meyer
Illinois Tool Works Inc.not disclosedPSU 50 · Options 50NoMeridian 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 Corporationnot disclosedPSU 50 · Options 50NoMercer Consulting
Rockwell Automation, Inc.95.7%PSU 40 · Option 30 · RSU 30NoWillis Towers Watson
Stanley Black & Decker, Inc.72.3%PSU 50 · RSU 25 · Options 25Yes — Relative TSRPay Governance
Textron Inc.not disclosedPSU 50 · Option 25 · RSU 25NoPearl Meyer
The Goodyear Tire & Rubber Companynot disclosedEPU 40 · RSU 30 · PSU 30not disclosedExequity
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.

10d

Frequently asked questions

Who was the highest-paid executive at BorgWarner in fiscal 2025?
As disclosed, Joseph Fadool (President and Chief Executive Officer) was the highest-paid executive at BorgWarner in fiscal 2025, with total compensation of $15,539,233.
How does BorgWarner's chief executive pay compare to its disclosed peer group?
As disclosed, Joseph Fadool's total compensation ranked at the 59th percentile of BorgWarner's disclosed peer group.
What is BorgWarner's CEO-to-median employee pay ratio?
As disclosed, BorgWarner's CEO-to-median employee pay ratio was 326:1.
How did shareholders vote on BorgWarner's executive compensation?
As disclosed, 96.07% of shareholders supported BorgWarner's executive compensation in the latest say-on-pay vote.
How much does BorgWarner spend in total on board compensation for fiscal 2025?
As disclosed, BorgWarner reported total board compensation of $2,391,500 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, 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
8Section 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
9Section 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
10Section 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
11Section 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
12Section 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
13Section 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
14Section 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
15Section 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
16Section 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
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, Frederic B. LissaldeDEF 14A2026-03-190001104659-26-031748Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Joseph F. FadoolDEF 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, Deborah D. McWhinney 2026-04-29Form 42026-05-010001225208-26-004760Insider 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, Deborah D. McWhinney 2026-04-29Form 42026-05-010001225208-26-004760Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Michael S. Hanley 2026-04-29Form 42026-05-010001225208-26-004761Insider 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, Shaun E. McAlmont 2026-04-29Form 42026-05-010001225208-26-004762Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Shaun E. McAlmont 2026-04-29Form 42026-05-010001225208-26-004762Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Hau N. Thai-Tang 2026-04-29Form 42026-05-010001225208-26-004763Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Hau N. Thai-Tang 2026-04-29Form 42026-05-010001225208-26-004763Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Sara A. Greenstein 2026-04-29Form 42026-05-010001225208-26-004764Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Sailaja K. Shankar 2026-04-29Form 42026-05-010001225208-26-004759Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Sara A. Greenstein 2026-04-29Form 42026-05-010001225208-26-004764Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Alexis P. Michas 2026-04-29Form 42026-05-010001225208-26-004758Insider 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 2026-05-11Form 42026-05-120001225208-26-005138Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Volker Weng 2026-05-11Form 42026-05-120001225208-26-005139Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Tania Wingfield 2026-05-11Form 42026-05-120001225208-26-005140Insider 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 02, Shaun E. McAlmont 2026-08-17Form 42026-08-180001225208-26-007158Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Tonit Calaway 2026-08-17Form 42026-08-180001225208-26-007160Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Tonit Calaway 2026-08-17Form 42026-08-180001225208-26-007160Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Stefan Demmerle 2026-08-17Form 42026-08-180001225208-26-007161Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Isabelle McKenzie 2026-08-17Form 42026-08-180001225208-26-007159Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Amy B. Kulikowski 2026-08-18Form 42026-08-200001225208-26-007226Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Rajesh Kalathur 2026-08-19Form 42026-08-200001225208-26-007231Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Tonit Calaway 2026-08-24Form 42026-08-250001225208-26-007316Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Michael S. Hanley 2026-08-28Form 42026-09-010001225208-26-007416Insider equity transaction reported since the proxy statement. Filing ↗
67Section 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 ↗
68Section 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 ↗
69Section 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 ↗
70Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
71Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
72Section 09b board cost (computed)Computed——Cash 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
73Trane 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
74Parker-Hannifin Corporation, Section 10b CEO totalDEF 14A2026-09-180001308179-26-000394CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 22,761,169. Filing ↗machine: r2 · c24 · span 1022768–1022778
75Emerson 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
76Textron Inc., Section 10b CEO totalDEF 14A2026-03-050001552781-26-000084CEO total compensation as printed in Textron Inc.'s own proxy. As printed: 21,165,556. Filing ↗machine: r6 · c18 · span 701332–701342
77Cummins 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
78Aptiv 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
79Dover 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
80BorgWarner (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
81Rockwell 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
82Illinois 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
83The 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
84Fortive 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 4058480–4058491
85Adient 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
86Oshkosh 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
87PACCAR 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
88Stanley 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
89Dana 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
90Autoliv, 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
91Section 10a, PACCAR Inc. reciprocityDEF 14A—0001193125-26-113876PACCAR Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
92Section 10a, Parker-Hannifin Corporation reciprocityDEF 14A—0001308179-26-000394Parker-Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
93Section 10a, Fortive Corporation reciprocityDEF 14A—0001193125-26-189078Fortive Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
94Section 10a, Aptiv PLC reciprocityDEF 14A—0001193125-26-108328Aptiv PLC's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
95Section 10a, Illinois Tool Works Inc. reciprocityDEF 14A—0001193125-26-127599Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
96Section 10a, Stanley Black & Decker, Inc. reciprocityDEF 14A—0001140361-26-008170Stanley Black & Decker, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
97Section 10a, Autoliv, Inc. reciprocityDEF 14A—0001552781-26-000154Autoliv, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
98Section 10a, Textron Inc. reciprocityDEF 14A—0001552781-26-000084Textron Inc. names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Cummins Inc. reciprocityDEF 14A—0001104659-26-039158Cummins Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
100Section 10a, Dana Incorporated reciprocityDEF 14A—0001140361-26-009305Dana Incorporated names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Oshkosh Corporation reciprocityDEF 14A—0001104659-26-035209Oshkosh Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
102Section 10a, Trane Technologies plc reciprocityDEF 14A—0001628280-26-026679Trane Technologies plc's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
103Section 10a, Dover Corporation reciprocityDEF 14A—0001193125-26-120708Dover Corporation's most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
104Section 10a, Adient plc reciprocityDEF 14A—0001670541-26-000011Adient plc names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
105Section 10a, Rockwell Automation, Inc. reciprocityDEF 14A—0001308179-25-000665Rockwell Automation, Inc.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗
106Section 10a, The Goodyear Tire & Rubber Company reciprocityDEF 14A—0001628280-26-015520The Goodyear Tire & Rubber Company names BorgWarner in its own disclosed peer group (read from its most recent proxy). Filing ↗
107Section 10a, Emerson Electric Co. reciprocityDEF 14A—0000032604-25-000103Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include BorgWarner. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.