Boeing (NYSE: BA) director adds 406 phantom stock units as pay
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 grant of 406 phantom stock units on July 1, 2026 as director compensation. These units are convertible into Boeing common stock on a 1-for-1 basis and are awarded in lieu of cash fees.
Under Boeing’s Deferred Compensation Plan for Directors, the phantom stock units will be distributed as shares of common stock after Johri’s service as a director ends. Following this grant, his reported phantom stock unit balance is 11,724.852 units, all held as a derivative, compensation-related position rather than an open-market 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 | 406 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 11,724.852 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: 406 units
Total phantom units after grant: 11,724.852 units
Conversion ratio: 1-for-1 into common stock
+1 more
4 metrics
Phantom stock units granted
406 units
Grant on July 1, 2026 as director compensation
Total phantom units after grant
11,724.852 units
Balance following the July 1, 2026 transaction
Conversion ratio
1-for-1 into common stock
Phantom stock units to Boeing common stock
Transaction price per unit
$0.0000
Compensation grant, not open-market purchase
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, grant/award acquisition, 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.
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.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
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?
Akhil Johri reported receiving 406 phantom stock units as director compensation. These units track Boeing’s stock value and are part of a deferred compensation arrangement, not an open-market stock purchase or sale.
How many phantom stock units does Akhil Johri hold after this Boeing (BA) grant?
After the grant, Akhil Johri holds 11,724.852 phantom stock units. This figure reflects his total phantom unit balance reported in the filing, representing deferred, stock-based director compensation tied to Boeing’s common stock.
Are Akhil Johri’s Boeing phantom stock units acquired on the open market?
No, the 406 phantom stock units were awarded as director compensation in lieu of cash. The transaction is coded as a grant/award acquisition, not an open-market buy or sell of Boeing common shares.
How are Boeing (BA) phantom stock units converted into common stock?
The phantom stock units are convertible into Boeing common stock on a 1-for-1 basis. According to the plan, they are distributed as actual shares of common stock after the director’s service with the Boeing board ends.