Boeing (NYSE: BA) CLO Brett Gerry receives stock awards and tax withholding
Rhea-AI Filing Summary
Boeing Co executive Brett C. Gerry reported multiple equity transactions in Boeing common stock on February 17, 2026. He received two grants classified as restricted stock units totaling 9,290 units and 3,716 units, which will settle one-for-one in Boeing shares as they vest.
According to the footnotes, 3,065.70 units vest on February 17, 2027, 3,065.70 units on February 17, 2028, and 3,158.60 units on February 20, 2029, with an additional grant vesting and settling on February 20, 2029. The filing also notes that vested shares from one grant cannot be sold, transferred, or otherwise disposed of until the earlier of two years after vesting or the end of Gerry’s employment with Boeing.
The report shows 4,009.272 shares were withheld at a price of $242.18 per share to cover tax obligations on vesting, described as not an open market transaction. After these transactions, Gerry holds Boeing stock directly and indirectly, including units in a 401(k) plan and shares held by a revocable family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,290 | $0.00 | -- |
| Grant/Award | Common Stock | 3,716 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,009.272 | $242.18 | $971K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units of which 3,065.70 units will vest on February 17, 2027, 3,065.70 units will vest on February 17, 2028, and 3,158.60 units will vest on February 20, 2029; units settle in shares of the Company's common stock on a one-for-one basis. Represents restricted stock units that will vest and settle in shares of the Company's common stock on a one-for-one basis on February 20, 2029. The reporting person may not sell, transfer or otherwise dispose of the vested shares until the earlier to occur of the second anniversary of the vesting date or the reporting person's termination of employment with the Company. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction. 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. On August 27, 2025, the reporting person transferred 13,427.84 shares previously reported as directly owned to a revocable family trust of which the reporting person and his spouse are the sole trustees and beneficiaries.
