Boeing director awarded 406 phantom stock units
Bradway Robert A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bradway Robert A reported acquisition or exercise transactions in this Form 4 filing.
BOEING CO director Robert A. Bradway received an award of 406 phantom stock units as non-cash director compensation. These units are convertible into Boeing common stock on a 1-for-1 basis and are credited under the company’s Deferred Compensation Plan for Directors.
According to the plan, the phantom stock units are distributed as shares of common stock after Bradway’s termination of services as a director. Following this grant, his reported phantom stock unit balance stands at 16,282.795 units held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 406 | $0.00 | $0.00 |
Footnotes (3)
- F1. Phantom stock units are convertible into common stock on a 1-for-1 basis.
- F2. Phantom stock units awarded or acquired in lieu of director cash compensation.
- F3. 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
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan for Directors financial
director cash compensation financial
termination of services as a director financial
FAQ
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