Boeing (NYSE: BA) director granted 428 Phantom Stock Units as fees
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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 units granted: 428 Phantom Stock Units
Total phantom units after grant: 15,876.795 Phantom Stock Units
Conversion ratio: 1-for-1 into common stock
+1 more
4 metrics
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
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, director cash compensation, derivative
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, 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.
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.
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.