Boeing (NYSE: BA) director takes 404 phantom stock units in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TILDEN BRADLEY D reported acquisition or exercise transactions in this Form 4 filing.
Boeing director Bradley D. Tilden received a grant of 404 Phantom Stock Units on April 1, 2026. These units were awarded in lieu of director cash compensation and are convertible into Boeing common stock on a 1-for-1 basis.
Under The Deferred Compensation Plan for Directors of The Boeing Company, the phantom stock units will be distributed as shares of common stock after Tilden’s termination of service as a director. Following this award, he holds a total of 853 Phantom Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TILDEN BRADLEY D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 404 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock Units — 853 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 Stock Units granted: 404 units
Total Phantom Stock Units after grant: 853 units
Conversion ratio: 1-for-1 into common stock
+1 more
4 metrics
Phantom Stock Units granted
404 units
Grant on April 1, 2026 to director Bradley D. Tilden
Total Phantom Stock Units after grant
853 units
Holdings following reported Form 4 transaction
Conversion ratio
1-for-1 into common stock
Each phantom unit equals one Boeing common share at distribution
Transaction price
$0.00 per unit
Awarded as compensation, not purchased in open market
Key Terms
Phantom Stock Units, in lieu of director cash compensation, The Deferred Compensation Plan for Directors of The Boeing Company
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.
in lieu of director cash compensation financial
"Phantom stock units awarded or acquired in lieu of director cash compensation."
The Deferred Compensation Plan for Directors of The Boeing Company financial
"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."
FAQ
What did Boeing (BA) director Bradley D. Tilden receive in this Form 4?
Bradley D. Tilden received 404 Phantom Stock Units as a grant under Boeing’s director compensation arrangements. These units are a form of deferred equity awarded instead of cash fees, and increase his total phantom unit holdings to 853 after the transaction.
Why were Phantom Stock Units granted instead of cash to the Boeing (BA) director?
The filing states that the Phantom Stock Units were awarded or acquired in lieu of director cash compensation. This means a portion of Tilden’s normal board fees was taken in equity-linked units rather than immediate cash, aligning compensation with share performance.
How many Boeing (BA) Phantom Stock Units does Bradley D. Tilden hold after this grant?
After the April 1, 2026 grant of 404 Phantom Stock Units, Tilden’s total Phantom Stock Unit holdings reported in the filing are 853. All of these units are linked 1-for-1 to Boeing common stock under the director deferred compensation plan terms.