STOCK TITAN

Boeing (NYSE: BA) director granted 428 Phantom Stock Units as fees

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

Rhea-AI Filing Summary

Bradway Robert A reported acquisition or exercise transactions in this Form 4 filing.

Boeing director Robert A. Bradway received 428 Phantom Stock Units as a grant of director compensation. These units were awarded in lieu of cash fees and carry no cash purchase price.

Each phantom unit is convertible into one share of Boeing common stock and is distributed after Bradway’s service as a director ends, under The Deferred Compensation Plan for Directors. Following this grant, he holds a total of 15,876.795 Phantom Stock Units directly.

Positive

  • None.

Negative

  • None.
Insider Bradway Robert A
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 428 $0.00 --
Holdings After Transaction: Phantom Stock Units — 15,876.795 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 units granted 428 Phantom Stock Units Grant of director compensation on 2026-04-01
Total phantom units after grant 15,876.795 Phantom Stock Units Holdings following reported transaction
Conversion ratio 1-for-1 into common stock Phantom units convertible into Boeing common shares
Transaction price $0.0000 per unit Compensation grant, no cash paid by director
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, phantom stock units are distributed as shares..."
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.
director cash compensation financial
"Phantom stock units awarded or acquired in lieu of director cash compensation."
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
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*
Bradway Robert A

(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$0.000015,876.795D
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 Robert A. Bradway report in this Form 4?

Robert A. Bradway reported receiving 428 Phantom Stock Units as director compensation. These units were granted at no cash cost and increase his total phantom unit holdings to 15,876.795 under Boeing’s deferred compensation plan for directors.

Are the Boeing (BA) Phantom Stock Units a market purchase or sale?

The 428 Phantom Stock Units are a grant of compensation, not a market purchase or sale. They were awarded in lieu of director cash fees and are recorded as an acquisition of derivative securities rather than an open-market transaction.

How are Boeing (BA) Phantom Stock Units converted into common stock?

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

When will Robert A. Bradway receive Boeing (BA) common shares from these Phantom Stock Units?

The Phantom Stock Units are distributed as Boeing common shares after Bradway’s termination of service as a director. This timing is governed by The Deferred Compensation Plan for Directors of The Boeing Company, rather than by any immediate vesting or exercise date.

What is Robert A. Bradway’s total Phantom Stock Unit position at Boeing (BA) after this grant?

After receiving the 428-unit grant, Bradway holds 15,876.795 Phantom Stock Units directly. Each unit is tied to one share of Boeing common stock, so this figure reflects his accrued director compensation under the deferred plan.