Boeing (NYSE: BA) director Lynn J. Good receives 406 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOOD LYNN J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 406 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 17,378.509 shares (Direct, null)
Footnotes (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.
Key Figures
Phantom stock units granted: 406 units
Total phantom units after grant: 17,378.509 units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
Phantom stock units granted
406 units
Grant/award acquisition on reported transaction date
Total phantom units after grant
17,378.509 units
Balance following the reported transaction
Grant price per unit
$0.0000 per unit
Compensation award, not open-market purchase
Conversion ratio
1 phantom unit : 1 common share
Phantom stock units convertible into Boeing common stock
Key Terms
Phantom stock units, Deferred Compensation Plan for Directors, grant/award acquisition
3 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.
Deferred Compensation Plan for Directors financial
"Pursuant to The Deferred Compensation Plan for Directors of The Boeing Company, phantom stock units are distributed..."
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did Boeing (BA) director Lynn J. Good report in this Form 4?
Lynn J. Good reported receiving 406 phantom stock units as a compensation grant. These units are awarded instead of cash and mirror Boeing’s common stock value, adding to her long-term, equity-linked stake in the company as a director.
How many phantom stock units does Lynn J. Good now hold at Boeing (BA)?
After the reported grant, Lynn J. Good holds 17,378.509 phantom stock units. These units are tied to Boeing’s common stock and will ultimately be settled in actual shares when her board service ends, rather than paying current cash.
Were Lynn J. Good’s Boeing (BA) phantom stock units bought on the open market?
No, the 406 phantom stock units were granted as compensation, not bought in the market. They were awarded in lieu of director cash compensation under Boeing’s deferred compensation arrangements, with a reported price of zero per unit.
What is a phantom stock unit in the context of Boeing (BA)?
A phantom stock unit is a deferred equity-based award that mirrors Boeing’s common stock value. In this case, each phantom unit converts into one share of common stock, typically delivered after the director’s service ends, aligning compensation with long-term shareholder value.