Boeing (NYSE: BA) director Lynn Good granted 428 phantom stock units as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GOOD LYNN J reported acquisition or exercise transactions in this Form 4 filing.
Boeing Co director Lynn J. Good received a grant of 428 Phantom Stock Units on April 1, 2026. These units were awarded in lieu of director cash compensation and are convertible into Boeing common stock on a 1-for-1 basis.
Following this award, Good holds a total of 16,972.509 Phantom Stock Units. Under Boeing’s Deferred Compensation Plan for Directors, these units will be distributed as shares of common stock after Good’s termination of service as a director, making this a routine, non-market compensation event rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOOD LYNN J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 428 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 16,972.509 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: 428 units
Total Phantom Stock Units after grant: 16,972.509 units
Conversion ratio: 1 unit per 1 share
+1 more
4 metrics
Phantom Stock Units granted
428 units
Grant to Lynn J. Good on April 1, 2026
Total Phantom Stock Units after grant
16,972.509 units
Lynn J. Good holdings following transaction
Conversion ratio
1 unit per 1 share
Phantom stock units convertible into Boeing common stock
Transaction code
A
Grant, award, or other acquisition of derivative units
Key Terms
Phantom Stock Units, Grant, award, or other acquisition, Deferred Compensation Plan for Directors, derivative, +1 more
5 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Deferred Compensation Plan for Directors financial
"Pursuant to The Deferred Compensation Plan for Directors of The Boeing Company"
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.
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.
underlying security financial
""underlying_security_title": "Common Stock""
FAQ
What did Boeing (BA) director Lynn J. Good report in this Form 4?
Lynn J. Good reported receiving 428 Phantom Stock Units as director compensation. These units are a non-cash award that tracks Boeing’s common stock value and will convert into shares after Good’s board service ends, adding to existing deferred equity holdings.
How many Phantom Stock Units does Lynn J. Good hold after this Boeing transaction?
After the April 1, 2026 award, Lynn J. Good holds 16,972.509 Phantom Stock Units. These units are tied to Boeing’s common stock and will ultimately be distributed as actual shares following the end of Good’s service as a Boeing director under the deferred compensation plan.
How do Boeing Phantom Stock Units convert into common stock for directors?
Boeing Phantom Stock Units convert into common stock on a 1-for-1 basis. Under The Deferred Compensation Plan for Directors, these units are not paid immediately; they are distributed later as shares of Boeing common stock after a director’s termination of board service.
Why did Lynn J. Good receive Phantom Stock Units instead of cash from Boeing?
The filing states the Phantom Stock Units were awarded or acquired in lieu of director cash compensation. This means Boeing compensated Good using equity-linked units rather than cash, aligning director compensation more closely with the company’s stock performance over time.