STOCK TITAN

Boeing (NYSE: BA) director Akhil Johri gets 428 phantom stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

JOHRI AKHIL reported acquisition or exercise transactions in this Form 4 filing.

Boeing director Akhil Johri received a compensation grant of 428 Phantom Stock Units, each tied 1-for-1 to Boeing common stock. These units were awarded in lieu of director cash compensation and increase his phantom stock holdings to 11,318.852 units.

Under Boeing’s Deferred Compensation Plan for Directors, the phantom stock units will be settled in shares of common stock after Johri’s service as a director ends. This is a non-cash, compensation-related award rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider JOHRI AKHIL
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 428 $0.00 --
Holdings After Transaction: Phantom Stock Units — 11,318.852 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.
Phantom Stock Units granted 428 units Compensation award on 2026-04-01
Total Phantom Stock Units after grant 11,318.852 units Holdings following reported transaction
Conversion ratio 1 unit : 1 share Phantom Stock Units convertible into Boeing common stock
Transaction price per unit $0.0000 Grant of Phantom Stock Units as non-cash compensation
Underlying security 428 shares Common stock underlying granted Phantom Stock Units
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.
in lieu of director cash compensation financial
"Phantom stock units awarded or acquired in lieu of director cash compensation."
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."
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units$0.0000(1)04/01/2026A428(2) (3) (3)Common Stock428$0.000011,318.852D
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-Fact04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Boeing (BA) director Akhil Johri report in this Form 4 filing?

Akhil Johri reported receiving 428 Phantom Stock Units as director compensation. These units are tied 1-for-1 to Boeing common stock and increased his phantom stock balance to 11,318.852 units, with settlement in shares after his board service ends.

Are Akhil Johri’s 428 Phantom Stock Units in Boeing an open-market stock purchase?

No, the 428 Phantom Stock Units are a compensation grant, not an open-market purchase. They were awarded in lieu of director cash compensation and represent deferred equity value that will be distributed as Boeing common stock after his board service terminates.

How are Boeing Phantom Stock Units held by Akhil Johri converted into common stock?

Each Phantom Stock Unit is convertible into Boeing common stock on a 1-for-1 basis. Under the Deferred Compensation Plan for Directors, the phantom units are distributed as shares of common stock only after the reporting person’s termination of service as a director.

What is Akhil Johri’s total Phantom Stock Unit balance in Boeing after this transaction?

After receiving 428 additional Phantom Stock Units, Akhil Johri holds a total of 11,318.852 phantom units. These units track Boeing’s common stock value and will be settled in actual shares following the end of his service on Boeing’s board of directors.

Why did Boeing grant Phantom Stock Units instead of cash to director Akhil Johri?

The filing states that the Phantom Stock Units were awarded or acquired in lieu of director cash compensation. This means part or all of Johri’s director fees were paid in deferred equity form rather than immediate cash, aligning compensation with Boeing’s stock performance.