Boeing (NYSE: BA) director adds 383 phantom units in deferred stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TILDEN BRADLEY D reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Bradley D. Tilden received 383 Phantom Stock Units as a grant in lieu of cash compensation. These units are a form of deferred compensation and cost him no cash, with the transaction price shown as $0.00 per unit.
The award increases his direct Phantom Stock Unit holdings to 1,236 units, each convertible into one share of Boeing common stock. Under Boeing’s Deferred Compensation Plan for Directors, these units will be settled in common shares after he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TILDEN BRADLEY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 383 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 1,236 shares (Direct, null)
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: 383 units
Total Phantom Stock Units after grant: 1,236 units
Grant price per unit: $0.00 per unit
+3 more
6 metrics
Phantom Stock Units granted
383 units
Grant on 2026-07-01 as director compensation
Total Phantom Stock Units after grant
1,236 units
Holdings following reported transaction
Grant price per unit
$0.00 per unit
Compensation award, no cash paid by director
Conversion ratio
1-for-1
Each Phantom Stock Unit to one Boeing common share
Transaction code
A
Grant, award, or other acquisition of derivative security
Settlement trigger
After board service ends
Units distributed as common stock upon termination as director
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, grant/award acquisition, 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 of common stock..."
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"
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 Bradley Tilden report in this Form 4?
Bradley Tilden reported receiving 383 Phantom Stock Units as compensation. The units were granted instead of cash director fees and increase his deferred equity-based holdings in Boeing to 1,236 Phantom Stock Units, each linked to one share of common stock.
Are the Boeing (BA) Phantom Stock Units an open-market purchase or sale?
The Phantom Stock Units are not an open-market trade. They were granted as a compensation award at a stated price of $0.00 per unit, reflecting deferred equity compensation rather than a voluntary stock purchase or sale in the market.
How many Phantom Stock Units does Bradley Tilden hold after this Boeing Form 4?
After this transaction, Bradley Tilden holds 1,236 Phantom Stock Units. The filing shows a grant of 383 new units, bringing his total deferred units to 1,236, all directly owned and referenced as convertible into Boeing common stock on a one-for-one basis.
When will Bradley Tilden’s Boeing Phantom Stock Units be paid out?
The Phantom Stock Units will be distributed as Boeing common shares after he stops serving as a director. The plan specifies settlement following termination of board service, making this a long-term deferred compensation arrangement rather than immediate stock delivery or cash payment.
What is the conversion rate of Boeing Phantom Stock Units to common stock?
Each Phantom Stock Unit is convertible into one share of Boeing common stock. The filing states a one-for-one conversion ratio, meaning 1,236 Phantom Stock Units currently correspond to 1,236 potential Boeing common shares when distributed under the director deferred compensation plan.
Why did Boeing grant Phantom Stock Units instead of cash to the director?
The units were awarded or acquired in lieu of director cash compensation. Under Boeing’s Deferred Compensation Plan for Directors, board members can receive Phantom Stock Units instead of cash fees, aligning their compensation more closely with Boeing’s share performance over time.