Boeing (NYSE: BA) director Akhil Johri gets 428 phantom stock units
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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: 428 units
Total Phantom Stock Units after grant: 11,318.852 units
Conversion ratio: 1 unit : 1 share
+2 more
5 metrics
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
Key Terms
Phantom Stock Units, in lieu of director cash compensation, 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.
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."
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.