Boeing (NYSE: BA) director reports 225 phantom stock units in lieu of cash

Rhea-AI Filing Summary

Boeing Company director reports deferred stock-based compensation. A Boeing director acquired 225 phantom stock units on 01/02/2026. Each phantom stock unit is convertible into one share of Boeing common stock. The units were awarded in lieu of director cash compensation, meaning part of the director’s pay is taken in stock-linked form instead of cash.

Under The Deferred Compensation Plan for Directors of The Boeing Company, these phantom stock units will be distributed as shares of common stock after the director’s termination of service. Following this award, the director beneficially owned 5,389.659 derivative securities in the form of phantom stock units, held directly.

SEC Form 4

FORM 4

UNITED 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
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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^*

Doughtie Lynne M

(Last) (First) (Middle)

929 LONG BRIDGE DRIVE

(Street)

ARLINGTON VA 22202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BOEING CO [ BA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	$0.0000(1)	01/02/2026		A		225(2)		(3)	(3)	Common Stock	225	$0.0000	5,389.659	D

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-Fact	01/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Boeing (BA) report for January 2, 2026?

A Boeing director acquired 225 phantom stock units on 01/02/2026, as disclosed in an insider ownership report.

How are Boeing (BA) phantom stock units for directors structured?

Each phantom stock unit is convertible into one share of Boeing common stock, providing stock-linked compensation to the director.

Why did the Boeing director receive 225 phantom stock units instead of cash?

The 225 phantom stock units were awarded or acquired in lieu of director cash compensation, effectively replacing part of the director’s cash fees.

When will the Boeing director receive common shares from these phantom stock units?

Under The Deferred Compensation Plan for Directors of The Boeing Company, the phantom stock units are distributed as shares of common stock after the director’s termination of service.

How many Boeing phantom stock units does the director hold after this transaction?

After the reported transaction, the director beneficially owned 5,389.659 derivative securities in the form of phantom stock units, held directly.

What was the exercise or conversion price of the Boeing phantom stock units?

The phantom stock units had a conversion price of $0.0000, reflecting that they are a form of deferred compensation rather than a purchased option.