Boeing director granted 404 phantom stock units
Buckley Mortimer J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Buckley Mortimer J reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Mortimer J. Buckley received a grant of 404 phantom stock units, awarded in lieu of director cash compensation. These phantom stock units are convertible into Boeing common stock on a 1-for-1 basis.
Following this award, Buckley holds a total of 2,551.751 phantom stock units. Under The Deferred Compensation Plan for Directors of The Boeing Company, these units are distributed as shares of common stock after his termination of service as a director, making this a non-cash, deferred equity-based compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 404 | $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 of The Boeing Company financial
director cash compensation financial
FAQ
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What did Boeing (BA) director Mortimer Buckley report in this Form 4?
Are the Boeing (BA) phantom stock units in this filing an open-market purchase?
How many Boeing phantom stock units does Mortimer Buckley now hold?
What are Boeing (BA) phantom stock units and how are they settled?
Why did Mortimer Buckley receive phantom stock units instead of cash from Boeing?
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