Boeing director granted 406 phantom stock units
GOOD LYNN J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GOOD LYNN J reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Lynn J. Good received a routine equity-based compensation grant. On the reported date, Good was awarded 406 phantom stock units at no cost. These units track Boeing’s common stock and are convertible into common shares on a 1‑for‑1 basis.
Following this award, Good holds a total of 17,378.509 phantom stock units. Under Boeing’s Deferred Compensation Plan for Directors, these units will be distributed as shares of common stock after Good’s service as a director ends, rather than being paid as current cash compensation.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 406 | $0.00 | $0.00 |
Footnotes (3)
- F1. Phantom stock units are convertible into common stock on a 1-for-1 basis.
- F2. Phantom stock units awarded or acquired in lieu of director cash compensation.
- 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
Key Terms
Phantom stock units financial
Deferred Compensation Plan for Directors financial
grant/award acquisition financial
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