BA Insider Filing: Malave Jr. Receives RSUs and Long‑Term Options
Rhea-AI Filing Summary
Malave Jesus Jr., Boeing's EVP and CFO, received equity awards on 08/15/2025 consisting of 21,373 restricted stock units and a stock option for 44,321 shares. The restricted stock units settle one-for-one into common shares, with 10,686 RSUs vesting on 08/15/2026 and 10,687 RSUs vesting on 08/15/2027. The stock option has an exercise price of $280.727, vests in full on 08/15/2028 and expires 08/15/2035. The filings state these grants were made to replace compensation forfeited when the reporting person left a prior employer.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine executive retention/replacement equity grant to the CFO, replacing prior forfeited compensation; vesting schedules delay full ownership.
This Form 4 discloses standard replacement awards: time‑based restricted stock units and a long‑dated option that vests after three years. Such awards align the executive with long‑term shareholder value by delaying vesting until 2026–2028. The filing does not disclose any accelerated vesting, change‑in‑control provisions, or cash payments.
TL;DR: Compensation is replacement‑focused with a high strike option and staggered RSU vesting, consistent with retention incentives.
The package replaces forfeited pay from a prior employer and combines RSUs that convert to shares one‑for‑one with a stock option priced at $280.727, exercisable after full vesting on 08/15/2028 and expiring in 2035. The structure emphasizes future service and retention rather than immediate dilution.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 44,321 | $0.00 | -- |
| Grant/Award | Common Stock | 21,373 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units of which 10,686 will vest on August 15, 2026, and 10,687 will vest on August 15, 2027. Restricted stock units settle in shares of the Company's common stock on a one-for-one basis. The grant of these restricted stock units was designed to replace certain compensation that the reporting person forfeited when he left his former employer. The exercise price is equal to 120% of the average of the high and low trading prices on the date of grant. The grant of this option was designed to replace certain compensation that the reporting person forfeited when he left his former employer. The option becomes vested and and exercisable in full on August 15, 2028, which is the third anniversary of the date of grant.