Boeing (NYSE: BA) SVP Brendan Nelson granted 5,058 RSUs in equity awards
Rhea-AI Filing Summary
Nelson Brendan J. reported acquisition or exercise transactions in this Form 4 filing.
Boeing Co senior executive Brendan J. Nelson, SVP and President of Boeing Global, reported equity awards in the form of restricted stock units tied to Boeing common stock. Two grants were made for 3,613 and 1,445 units at a price of $0.00 per share, reflecting non-cash awards.
One grant consists of units scheduled to vest in three installments: 1,192.29 units on February 17, 2027, 1,192.29 units on February 17, 2028, and 1,228.42 units on February 20, 2029, settling one-for-one in Boeing common stock. The other grant will vest and settle on February 20, 2029, also on a one-for-one basis, with the vested shares generally restricted from sale or transfer until the earlier of two years after vesting or the end of Nelson’s employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,613 | $0.00 | -- |
| Grant/Award | Common Stock | 1,445 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units of which 1,192.29 units will vest on February 17, 2027, 1,192.29 units will vest on February 17, 2028, and 1,228.42 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.