Boeing (NYSE: BA) director receives 383 phantom stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Stayce D. Harris received a grant of 383 Phantom Stock Units, which are deferred equity-based awards tied to Boeing common stock. These units were awarded in lieu of director cash compensation and increase her phantom stock balance to 9,062.639 units.
The phantom units are convertible into Boeing common shares on a 1-for-1 basis and are scheduled to be distributed as actual shares only after she terminates service as a director. This filing reflects routine, non-cash director compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Stayce D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 383 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 9,062.639 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
Phantom units after transaction: 9,062.639 units
Transaction price per unit: $0.0000 per unit
+1 more
4 metrics
Phantom stock units granted
383 units
Grant/award acquisition on July 1, 2026
Phantom units after transaction
9,062.639 units
Total phantom stock balance following grant
Transaction price per unit
$0.0000 per unit
Non-cash equity compensation
Underlying security
383 common shares
Phantom units convertible 1-for-1 into common stock
Key Terms
Phantom Stock Units, in lieu of director cash compensation, Deferred Compensation Plan for Directors
3 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.
in lieu of director cash compensation financial
"Phantom stock units awarded or acquired in lieu of director cash compensation."
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.
FAQ
What did Boeing (BA) director Stayce D. Harris report in this Form 4?
Director Stayce D. Harris reported receiving 383 Phantom Stock Units as compensation. These equity-based units, tied to Boeing common stock, increased her deferred phantom stock holdings to 9,062.639 units and were granted instead of part of her normal director cash payment.
Are the Boeing (BA) Phantom Stock Units in this Form 4 an open-market stock purchase?
No, the 383 Phantom Stock Units are a compensation grant, not an open-market purchase. They were awarded in lieu of director cash compensation and represent deferred equity that converts into Boeing common shares on a 1-for-1 basis at a future distribution date.
How many Phantom Stock Units does the Boeing (BA) director hold after this transaction?
After receiving the 383 Phantom Stock Units, the director’s total phantom stock balance is 9,062.639 units. Each unit is linked to one share of Boeing common stock and will be distributed as actual shares after her service as a director ends.
When will the Boeing (BA) Phantom Stock Units reported in this Form 4 be paid out?
The Phantom Stock Units are scheduled to be distributed as Boeing common shares after the director’s termination of service. This deferred structure aligns with The Deferred Compensation Plan for Directors of The Boeing Company and delays actual share delivery until she leaves the board.