Boeing (NYSE: BA) EVP Howard McKenzie reports stock awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boeing Co executive Howard E. McKenzie, Chief Engineer & EVP, ET&T, reported equity compensation and related tax withholding in company stock. He acquired 6,606 shares of common stock and a separate 2,642-share award as restricted stock units that vest between February 17, 2027 and February 20, 2029. The filing also shows 765.097 shares disposed of to cover taxes upon vesting, at a price of $242.18 per share, described as a tax-withholding transaction rather than an open-market sale. McKenzie additionally reports indirect holdings through a 401(k) plan and an Executive Supplemental Savings Plan invested in Boeing stock funds.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
McKenzie Howard E
Role
Chief Engineer & EVP, ET&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,606 | $0.00 | -- |
| Grant/Award | Common Stock | 2,642 | $0.00 | -- |
| Tax Withholding | Common Stock | 765.097 | $242.18 | $185K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,297.827 shares (Direct);
Common Stock — 1,192.663 shares (Indirect, 401(k) plan)
Footnotes (1)
- Represents restricted stock units of which 2,179.98 units will vest on February 17, 2027, 2,179.98 units will vest on February 17, 2028, and 2,246.04 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. Reflects periodic contributions to the issuer's common stock fund in the issuer's Executive Supplemental Savings Plan ("ESSP"). Ownership in the ESSP is represented by units in the issuers common stock fund in the ESSP rather than shares of common stock.
FAQ
What insider transactions did Boeing (BA) executive Howard McKenzie report?
Howard McKenzie reported stock-based compensation and related tax withholding transactions in Boeing common stock. He received two restricted stock unit awards and had shares withheld to pay taxes upon vesting, along with reporting indirect holdings in Boeing-related retirement and savings plans.
When do Howard McKenzie’s Boeing (BA) restricted stock units vest?
One batch of restricted stock units vests in three portions: 2,179.98 units on February 17, 2027, 2,179.98 units on February 17, 2028, and 2,246.04 units on February 20, 2029. Another award vests and settles entirely in Boeing shares on February 20, 2029.
What indirect Boeing (BA) holdings does Howard McKenzie report on this Form 4?
He reports indirect ownership through Boeing’s 401(k) plan and the Executive Supplemental Savings Plan. In both cases, his interest is represented by units in Boeing common stock funds rather than direct share holdings, reflecting retirement and deferred compensation investments linked to Boeing stock.