Director Harris (NYSE: BA) granted 404 Boeing phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Stayce D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 404 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 8,679.639 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: 404 units
Total phantom units after grant: 8,679.639 units
Conversion ratio: 1-for-1 into common stock
+1 more
4 metrics
Phantom stock units granted
404 units
Grant/award acquisition on April 1, 2026
Total phantom units after grant
8,679.639 units
Director’s holdings following reported transaction
Conversion ratio
1-for-1 into common stock
Phantom units convertible into Boeing common shares
Grant price per unit
$0.00 per unit
Non-cash compensation awarded in lieu of director cash fees
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, grant/award acquisition
3 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"
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""
FAQ
What did Boeing (BA) director Stayce D. Harris report in this Form 4?
Boeing director Stayce D. Harris reported receiving 404 Phantom Stock Units as a compensation grant. These units were awarded in lieu of cash director fees and increase her total phantom stock holdings to 8,679.639 units, all tied to Boeing’s common stock value.
Are the Boeing (BA) Phantom Stock Units an open-market stock purchase or sale?
No, the Phantom Stock Units are a non-cash compensation grant, not an open-market trade. They represent deferred pay that tracks Boeing’s share price and are awarded at a price of $0.00 per unit under the company’s director compensation plan.
How are Boeing (BA) Phantom Stock Units converted into common stock?
Each Boeing Phantom Stock Unit is convertible into one share of Boeing common stock on a 1-for-1 basis. Under the Deferred Compensation Plan for Directors, these units are distributed as actual shares only after the director’s service with the board ends.
Why did Boeing (BA) grant Phantom Stock Units instead of cash to the director?
The 404 Phantom Stock Units were awarded or acquired in lieu of regular cash director compensation. This structure defers payment, links director compensation to Boeing’s share performance, and delivers the economic value later as common stock rather than immediate cash.
How many Boeing (BA) Phantom Stock Units does Stayce D. Harris hold after this grant?
After receiving the 404-unit grant, Harris holds a total of 8,679.639 Phantom Stock Units. All are recorded as directly owned derivative interests, each ultimately convertible into one share of Boeing common stock when distributed under the deferred compensation plan’s terms.