Boeing director awarded 404 phantom stock units
Boeing director Stayce D. Harris received 404 Phantom Stock Units as compensation in lieu of cash.
Rhea-AI Filing Summary
Boeing director Stayce D. Harris received 404 Phantom Stock Units as compensation in lieu of cash. These units are a deferred form of pay that track Boeing’s common stock value rather than immediate cash.
The phantom stock units convert into Boeing common shares on a 1-for-1 basis and are distributed only after Harris’s service as a director ends under The Deferred Compensation Plan for Directors of The Boeing Company. Following this grant, Harris holds a total of 8,679.639 phantom stock units, all recorded as direct holdings. This is a routine, non-cash compensation award rather than an open-market share purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 404 | $0.00 | $0.00 |
Footnotes (3)
- F1. Phantom stock units are convertible into common stock on a 1-for-1 basis.
- F2. Phantom stock units awarded or acquired in lieu of director cash compensation.
- F3. 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
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan for Directors financial
grant/award acquisition financial
FAQ
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What did Boeing (BA) director Stayce D. Harris report in this Form 4?
Are the Boeing (BA) Phantom Stock Units an open-market stock purchase or sale?
How are Boeing (BA) Phantom Stock Units converted into common stock?
Why did Boeing (BA) grant Phantom Stock Units instead of cash to the director?
How many Boeing (BA) Phantom Stock Units does Stayce D. Harris hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.