Boeing (NYSE: BA) EVP Parker has 967 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boeing Co executive Stephen Kenneth Parker reported a tax-related share disposition. On the vesting of restricted stock units, 967.694 shares of Boeing common stock were withheld at $236.71 per share to cover taxes, which the filing states was not an open market transaction. After this, Parker directly owned 41,229.767 common shares, with an additional small indirect interest of 0.006 units through Boeing’s 401(k) plan stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Parker Stephen Kenneth
Role
EVP, Pres. & CEO, BDS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 967.694 | $236.71 | $229K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,229.767 shares (Direct);
Common Stock — 0.006 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- 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.
FAQ
What insider transaction did Boeing (BA) executive Stephen Parker report?
Stephen Kenneth Parker reported a tax-withholding disposition related to restricted stock units. Boeing withheld 967.694 common shares to cover taxes upon vesting, rather than executing an open market sale, according to the Form 4 footnote disclosure.
Was Stephen Parker’s Boeing (BA) Form 4 transaction an open market sale?
No, the Form 4 states the shares were withheld to pay taxes on vesting restricted stock units, not sold on the open market. This type of transaction is coded as tax-withholding disposition rather than a discretionary buy or sell.
What does Stephen Parker’s indirect Boeing (BA) ownership via the 401(k) plan mean?
The Form 4 notes that indirect ownership is represented by units in Boeing’s common stock fund within the 401(k) plan, rather than actual shares. For Stephen Kenneth Parker, this indirect interest equals 0.006 units after the reported transactions.