Boeing (NYSE: BA) EVP Stephen Parker reports stock awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boeing executive Stephen Kenneth Parker reported equity compensation and related tax withholding. He received two grants of Boeing common stock on a grant/award basis totaling 13,006 shares, with vesting schedules running through February 2029 and settlement one-for-one in common stock. To cover taxes on vesting of restricted stock units, 484.315 shares were withheld at a price of $242.18 per share, which was not an open market transaction. After these movements, Parker directly owned 42,197.461 Boeing shares, and held a small additional indirect interest through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Parker Stephen Kenneth
Role
EVP, Pres. & CEO, BDS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,290 | $0.00 | -- |
| Grant/Award | Common Stock | 3,716 | $0.00 | -- |
| Tax Withholding | Common Stock | 484.315 | $242.18 | $117K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,965.776 shares (Direct);
Common Stock — 0.006 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Represents restricted stock units of which 3,065.70 units will vest on February 17, 2027, 3,065.70 units will vest on February 17, 2028, and 3,158.60 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.
FAQ
What insider transactions did BA executive Stephen Parker report?
Stephen Parker reported equity awards and tax withholding transactions. He acquired Boeing common stock through two grant/award transactions and had 484.315 shares withheld to pay taxes on vesting restricted stock units, with no open market purchases or sales disclosed.
What are the vesting terms of Stephen Parker’s new Boeing (BA) restricted stock units?
One award vests in tranches on February 17, 2027 and 2028, and February 20, 2029. Another award vests and settles on February 20, 2029, with restrictions on selling the vested shares until two years after vesting or employment termination, whichever occurs first.
Were Stephen Parker’s Boeing (BA) transactions open market trades?
The filing indicates no open market trades. Shares were acquired through grant or award transactions and some shares were withheld to satisfy tax obligations on vesting restricted stock units. The tax-withholding disposition is explicitly described as not an open market transaction in the disclosure.