BA director Johri Akhil receives 413 phantom stock units, increases holdings

Rhea-AI Filing Summary

Johri Akhil, a director of The Boeing Company (BA), was awarded 413 phantom stock units on 10/01/2025 as payment in lieu of director cash compensation. Each phantom unit converts 1-for-1 into common stock and, under Boeing's Deferred Compensation Plan for Directors, will be distributed as shares after the reporting person's termination of service. Following this award the filing shows 10,490.852 shares beneficially owned (direct). The Form 4 was signed by an attorney-in-fact on 10/03/2025.

Positive

• 413 phantom stock units awarded as director compensation on 10/01/2025
• Phantom units convert 1-for-1 into common stock, providing direct equity exposure
• Beneficial ownership increased to 10,490.852 shares following the award

Negative

• None.

Insights

Corporate Governance Analyst

Director awarded 413 phantom units, increasing direct holdings to 10,490.852 shares.

The filing documents a non-cash director compensation event: 413 phantom stock units granted on 10/01/2025, awarded in lieu of cash and convertible 1-for-1 into Boeing common stock.

This award is governed by the company's Deferred Compensation Plan for Directors and will be distributed as shares after the director stops serving, which affects the timing of share delivery but immediately increases reported beneficial ownership to 10,490.852 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JOHRI AKHIL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	413	$0.00	--

Holdings After Transaction: Phantom Stock Units — 10,490.852 shares (Direct)

Footnotes (1)

1. Phantom stock units are convertible into common stock on a 1-for-1 basis. Phantom stock units awarded or acquired in lieu of director cash compensation. Pursuant to The Deferred Compensation Plan for Directors of The Boeing Company, phantom stock units are distributed as shares of common stock after the reporting person's termination of services as a director.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JOHRI AKHIL

(Last) (First) (Middle)

929 LONG BRIDGE DRIVE

(Street)

ARLINGTON VA 22202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BOEING CO [ BA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	$0.0000(1)	10/01/2025		A		413(2)		(3)	(3)	Common Stock	413	$0.0000	10,490.852	D

Explanation of Responses:

1. Phantom stock units are convertible into common stock on a 1-for-1 basis.

2. Phantom stock units awarded or acquired in lieu of director cash compensation.

3. Pursuant to The Deferred Compensation Plan for Directors of The Boeing Company, phantom stock units are distributed as shares of common stock after the reporting person's termination of services as a director.

Remarks:

Exhibit 24: Power of Attorney attached herewith.

	/s/ Dana Kumar, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Johri Akhil report on the Form 4 for Boeing (BA)?

The Form 4 reports an award of 413 phantom stock units to Johri Akhil, granted on 10/01/2025, awarded in lieu of director cash compensation.

How do the phantom stock units reported convert to Boeing common stock?

The filing states the phantom stock units are convertible on a 1-for-1 basis into common stock.

How many shares does Johri Akhil beneficially own after the reported transaction?

The Form 4 shows 10,490.852 shares beneficially owned (direct) following the reported transaction.

When will the phantom stock units be distributed as shares?

According to the filing, under the Deferred Compensation Plan for Directors, phantom stock units are distributed as shares after the reporting person's termination of services as a director.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by /s/ Dana Kumar, Attorney-in-Fact on 10/03/2025.