STOCK TITAN

Boeing (NYSE: BA) director takes 669 phantom stock units as pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

Are Steven M. Mollenkopf’s Phantom Stock Units equivalent to Boeing (BA) common shares?

Yes, each Phantom Stock Unit is convertible into one share of Boeing common stock. The units track the value of the stock and will ultimately be distributed as actual shares under the company’s director deferred compensation plan.

When will Steven M. Mollenkopf receive Boeing (BA) shares for these Phantom Stock Units?

The Phantom Stock Units will be distributed as Boeing common shares after his termination of service as a director. This means the award functions as deferred compensation, aligning director interests with long-term company performance over his board tenure.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MOLLENKOPF STEVEN M

(Last)(First)(Middle)
929 LONG BRIDGE DRIVE

(Street)
ARLINGTON VIRGINIA 22202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BOEING CO [ BA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units$0.0000(1)07/01/2026A669(2) (3) (3)Common Stock669$0.000014,369.374D
Explanation of Responses:
1. Phantom stock units are convertible into common stock on a 1-for-1 basis.
2. Phantom stock units awarded or acquired in lieu of director cash compensation.
3. 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.
/s/ Jenn X. Hu, Attorney-in-Fact07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)