Boeing (NYSE: BA) director takes 669 phantom stock units as pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOLLENKOPF STEVEN M reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Steven M. Mollenkopf received 669 Phantom Stock Units as compensation. These units were granted in lieu of director cash compensation and are convertible into an equal number of Boeing common shares on a 1-for-1 basis. Following this award, he holds a total of 14,369.374 Phantom Stock Units. Under Boeing’s Deferred Compensation Plan for Directors, these units will be distributed as shares of common stock after he terminates service as a director, making this a non-cash, deferred equity-based award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOLLENKOPF STEVEN M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 669 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 14,369.374 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: 669 units
Phantom Stock Units after grant: 14,369.374 units
Conversion ratio: 1-for-1 into common stock
+1 more
4 metrics
Phantom Stock Units granted
669 units
Grant/award acquisition on 2026-07-01
Phantom Stock Units after grant
14,369.374 units
Total derivative holdings following transaction
Conversion ratio
1-for-1 into common stock
Each unit convertible into one Boeing common share
Transaction price per unit
$0.00
Award in lieu of director cash compensation
Key Terms
Phantom Stock Units, grant/award acquisition, 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.
grant/award acquisition financial
"transaction_action: grant/award acquisition for 669.0000 Phantom Stock Units."
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 after termination."
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 Steven M. Mollenkopf report in this Form 4?
He reported receiving 669 Phantom Stock Units as compensation. These units are a deferred equity award tied to Boeing common stock, granted instead of cash fees, and increase his Phantom Stock Unit balance to 14,369.374 units.
Did Steven M. Mollenkopf buy or sell Boeing (BA) stock on the open market?
No, this filing reports a grant of Phantom Stock Units, not an open-market trade. The units were awarded in lieu of cash director compensation at a zero dollar transaction price, so no market purchase or sale occurred in this transaction.
How many Phantom Stock Units does Steven M. Mollenkopf now hold at Boeing (BA)?
After the grant of 669 additional Phantom Stock Units, he now holds 14,369.374 Phantom Stock Units. All these units are tied to Boeing common stock and will eventually be settled in shares under the director deferred compensation plan.