Boeing director granted 706 phantom stock units

MOLLENKOPF STEVEN M reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

MOLLENKOPF STEVEN M reported acquisition or exercise transactions in this Form 4 filing.

Boeing director Steven M. Mollenkopf received 706 Phantom Stock Units as compensation, not through an open-market purchase. These units were granted in lieu of director cash compensation and are tied to Boeing common stock on a 1-for-1 basis.

After this award, Mollenkopf holds a total of 13,700.374 Phantom Stock Units. Under Boeing’s Deferred Compensation Plan for Directors, these units are settled in shares of common stock only after he terminates his service as a director, making this a routine, long-term, compensation-related equity grant.

Insider Trade Summary

Grant/Award: 706 shares

Grant/Award 1 txn

Insider MOLLENKOPF STEVEN M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	706	$0.00	$0.00

Holdings After Transaction: Phantom Stock Units — 13,700.374 contracts (Direct)

Footnotes (3)

1. F1. Phantom stock units are convertible into common stock on a 1-for-1 basis.
2. F2. Phantom stock units awarded or acquired in lieu of director cash compensation.
3. F3. 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.

Key Figures

Phantom Stock Units granted: 706 units Total Phantom Stock Units after grant: 13,700.374 units Conversion ratio: 1 unit : 1 share +1 more

4 metrics

Phantom Stock Units granted 706 units Director compensation award on 2026-04-01

Total Phantom Stock Units after grant 13,700.374 units Holdings following reported transaction

Conversion ratio 1 unit : 1 share Phantom Stock Units to Boeing common stock

Transaction price per unit $0.0000 Compensation grant, not market purchase

Key Terms

Phantom Stock Units, Grant, award, or other acquisition, Deferred Compensation Plan for Directors, termination of services as a director

4 terms

Phantom Stock Units financial

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

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Deferred Compensation Plan for Directors financial

"Pursuant to The Deferred Compensation Plan for Directors of The Boeing Company"

A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.

termination of services as a director financial

"distributed as shares of common stock after the reporting person's termination of services as a director"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Boeing (BA) director Steven Mollenkopf report in this Form 4?

Steven Mollenkopf reported receiving 706 Phantom Stock Units as director compensation. These units are not open-market purchases but equity-based awards that track Boeing common stock and are granted instead of cash fees for board service.

Are Steven Mollenkopf’s Boeing Phantom Stock Units an open-market share purchase?

No, the 706 Phantom Stock Units are a compensation grant, not a market purchase. They were awarded in lieu of cash compensation, so they reflect deferred equity-based pay rather than a discretionary buy of Boeing common stock.

How many Phantom Stock Units does Steven Mollenkopf hold after this Boeing grant?

After this award, Steven Mollenkopf holds 13,700.374 Phantom Stock Units. These units are linked 1-for-1 to Boeing common shares and represent deferred director compensation accumulated over time under Boeing’s director compensation plan.

When will Steven Mollenkopf receive Boeing common stock for these Phantom Stock Units?

Under Boeing’s Deferred Compensation Plan for Directors, Mollenkopf’s Phantom Stock Units are distributed as Boeing common shares only after he terminates his service as a director, turning the accumulated units into actual stock at that time.

What is the conversion ratio for Boeing Phantom Stock Units held by Steven Mollenkopf?

Each Phantom Stock Unit held by Steven Mollenkopf converts into one share of Boeing common stock. This 1-for-1 conversion applies when the units are ultimately distributed after his board service ends under the company’s director compensation plan.

Why did Steven Mollenkopf receive Phantom Stock Units instead of cash from Boeing?

The filing states that the Phantom Stock Units were awarded or acquired in lieu of director cash compensation. This structure allows his Boeing board fees to be deferred into stock-linked units, aligning compensation with the company’s share performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 05:48 PM Learn about SEC filing dates

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^*

MOLLENKOPF STEVEN M

(Last) (First) (Middle)

929 LONG BRIDGE DRIVE

(Street)

ARLINGTON VIRGINIA 22202

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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)	04/01/2026		A		706(2)		(3)	(3)	Common Stock	706	$0.0000	13,700.374	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.

	/s/ Jenn X. Hu, Attorney-in-Fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)