BorgWarner Files Routine 8-K on Feb 14

Ticker: BWA · Form: 8-K · Filed: 2024-02-14T00:00:00.000Z

Sentiment: neutral

Topics: Corporate Filing, Regulatory Disclosure

Related Tickers: BWA

TL;DR

**BorgWarner filed a standard 8-K on February 14, 2024, with no specific event details provided in this excerpt.**

AI Summary

BORGWARNER INC. filed an 8-K on February 14, 2024, reporting "Other Events" and "Financial Statements and Exhibits." The filing indicates the company's compliance with SEC disclosure requirements, but the provided text does not detail the specific nature of these events or any associated dollar amounts.

Why It Matters

This filing signifies BorgWarner Inc.'s adherence to regulatory disclosure obligations, though the specific impact on investors or operations cannot be determined without further details on the reported events.

Risk Assessment

Risk Level: low — The provided text is a boilerplate 8-K header, not detailing any specific event that would introduce significant risk or opportunity.

Key Players & Entities

FAQ

What is the name of the registrant for this 8-K filing?

The registrant is BORGWARNER INC.

What is the date of the earliest event reported in this filing?

The earliest event reported is February 14, 2024.

What is BorgWarner Inc.'s state of incorporation?

BorgWarner Inc. is incorporated in Delaware.

What items were reported in this 8-K filing?

The 8-K reported "Other Events" and "Financial Statements and Exhibits."

What is the registrant's CIK number?

The registrant's Central Index Key (CIK) is 0000908255.

From the Filing

0000908255-24-000010.txt : 20240214 0000908255-24-000010.hdr.sgml : 20240214 20240214160441 ACCESSION NUMBER: 0000908255-24-000010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240214 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BORGWARNER INC CENTRAL INDEX KEY: 0000908255 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133404508 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12162 FILM NUMBER: 24637675 BUSINESS ADDRESS: STREET 1: 3850 HAMLIN RD. CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 2487549200 MAIL ADDRESS: STREET 1: 3850 HAMLIN RD. CITY: AUBURN HILLS STATE: MI ZIP: 48326 FORMER COMPANY: FORMER CONFORMED NAME: BORG WARNER AUTOMOTIVE INC DATE OF NAME CHANGE: 19930628 8-K 1 bwa-20240214.htm 8-K bwa-20240214 0000908255 FALSE 0000908255 2024-02-14 2024-02-14 0000908255 us-gaap:CommonStockMember 2024-02-14 2024-02-14 0000908255 us-gaap:SeniorNotesMember bwa:SeniorNotesDueNovember2022Member 2024-02-14 2024-02-14 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 14, 2024 BORGWARNER INC. ________________________________________________ (Exact name of registrant as specified in its charter) Delaware 1-12162 13-3404508 State or other jurisdiction of Commission File No. (I.R.S. Employer Incorporation or organization   Identification No.) 3850 Hamlin Road,   Auburn Hills, Michigan   48326 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: ( 248 ) 754-9200 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BWA New York Stock Exchange 1.00% Senior Notes due 2031 BWA31 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( § 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( § 240.12b-2 of this chapter). Emerging growth company o   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o   Item 8.01 Other Events It has come to the attention of BorgWarner Inc. (the "Company") that the Company’s Annual Report on Form 10-K filed on February 8, 2024 (the “Form 10-K”) included inaccurate information regarding the percentage of the Company’s net sales represented by sales of turbochargers for light vehicles. The revised information is as follows: Sales of turbochargers for light vehicles represented approximately 23%, 25% and 24% of the Company’s net sales for the years ended December 31, 2023, 2022 and 2021, respectively (rather than approximately 21%,

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