Director at Boeing (NYSE: BA) takes phantom stock units in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buckley Mortimer J reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Mortimer J. Buckley received a grant of 383 phantom stock units on July 1, 2026 as non-cash director compensation. These units track Boeing’s common stock and are convertible into common shares on a 1-for-1 basis. After this award, Buckley holds a total of 2,934.751 phantom stock units, which will be distributed as Boeing common shares under the company’s Deferred Compensation Plan for Directors after his service on the board ends. This filing reflects routine equity-based compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buckley Mortimer J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 383 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 2,934.751 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 units granted: 383 units
Total phantom units after grant: 2,934.751 units
Conversion ratio: 1-for-1
+1 more
4 metrics
Phantom units granted
383 units
Grant on July 1, 2026 as director compensation
Total phantom units after grant
2,934.751 units
Holdings following the July 1, 2026 award
Conversion ratio
1-for-1
Each phantom stock unit convertible into one common share
Transaction price per unit
$0.0000
Non-cash grant/award acquisition
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, grant/award acquisition
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.
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.
grant/award acquisition financial
"transaction_action: grant/award acquisition"