Form 4: Boeing Controller Michael J. Cleary Reports Changes in Beneficial Ownership

Michael J. Cleary, Controller at Boeing, filed a Form 4 disclosing changes in beneficial ownership of Boeing common stock due to tax withholding on vesting restricted stock units and holdings in company savings plans.

Summary

• On February 18, 2025, Michael J. Cleary, Controller of Boeing, reported changes in his beneficial ownership of Boeing common stock.
• 541.424 shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $186.44 per share.
• Cleary's direct holdings decreased, while indirect holdings through the 401(k) plan (519.74 units) and the Executive Supplemental Savings Plan (3,474.216 units) remained.
• Following the transaction, Cleary directly owns 23,708.869 shares of Boeing common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine transactions related to executive compensation.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Boeing. It provides transparency into the financial interests of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies, including Boeing competitors like Airbus, Lockheed Martin, and General Dynamics.
• The details disclosed, such as the number of shares and transaction prices, are consistent with what is typically reported in these filings across the aerospace and defense industry.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transaction itself has minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Boeing, BA, Michael J. Cleary, Controller, Stock, Securities, Tax Withholding, 401(k), Executive Supplemental Savings Plan