Boeing exec has 629.68 shares withheld for taxes
Rhea-AI Filing Summary
BOEING CO (BA) reported an insider equity transaction by Stephen Kenneth Parker, EVP, President & CEO of Boeing Defense, Space & Security. On 2026-08-28, 629.68 shares of common stock were disposed of at $209.08 per share to cover tax liability on vesting of restricted stock units, described as shares withheld rather than an open-market sale. Following this tax-withholding transaction, Parker directly held 40,600.087 shares of Boeing common stock and indirectly held 0.006 units in the issuer’s common stock fund through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 629.68 shares
Net Sell
2 txns
Insider
Parker Stephen Kenneth
Role
EVP, Pres. & CEO, BDS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 629.68 | $209.08 | $132K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,600.087 shares (Direct);
Common Stock — 0.006 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
- F2. Ownership in the issuer's 401(k) plan is represented by units in the issuer's common stock fund in the plan rather than shares of common stock.
Key Figures
Shares withheld for taxes: 629.68 shares
Tax-withholding price per share: $209.08 per share
Direct holdings after transaction: 40,600.087 shares
+1 more
4 metrics
Shares withheld for taxes
629.68 shares
Common Stock withheld on 2026-08-28 for tax liability on RSU vesting
Tax-withholding price per share
$209.08 per share
Value per share for the 629.68 shares withheld on 2026-08-28
Direct holdings after transaction
40,600.087 shares
Total Boeing common stock directly owned by Parker after 2026-08-28
Indirect 401(k) holdings
0.006 units
Units in Boeing common stock fund held indirectly via 401(k) plan
Key Terms
restricted stock units, 401(k) plan, tax liability, common stock fund
4 terms
restricted stock units financial
"Shares withheld for payment of taxes on vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) plan financial
"Ownership in the issuer's 401(k) plan is represented by units"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
tax liability financial
"Payment of tax liability by delivering or withholding securities"
common stock fund financial
"represented by units in the issuer's common stock fund in the plan"
FAQ
What insider transaction did BA executive Stephen Kenneth Parker report?
Stephen Kenneth Parker reported that 629.68 shares of Boeing common stock were withheld on 2026-08-28 to pay taxes on vesting of restricted stock units. The footnote specifies this was not an open market transaction but a tax-withholding disposition.
Was Stephen Kenneth Parker’s BA transaction an open market sale?
No. A footnote states the 629.68 shares were withheld for payment of taxes on vesting of restricted stock units and clarifies that this was not an open market transaction, but a tax-related disposition of shares.
How is Stephen Kenneth Parker’s BA ownership through the 401(k) plan reported?
Boeing discloses that ownership in its 401(k) plan is reported as units in the issuer’s common stock fund rather than as direct shares. Stephen Kenneth Parker is shown with 0.006 units held indirectly through this plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.