Form 4: Boeing Director Acquires Phantom Stock Units

Boeing Director Lynne M Doughtie acquired 225 phantom stock units, convertible to common stock, as part of her compensation.

Summary

• Lynne M Doughtie, a Director of The Boeing Company (BA), acquired 225 phantom stock units.
• The transaction occurred on January 2, 2026, and was made pursuant to a Rule 10b5-1(c) plan.
• These phantom stock units were awarded or acquired in lieu of director cash compensation.
• Phantom stock units are convertible into common stock on a 1-for-1 basis.
• Following this transaction, Lynne M Doughtie beneficially owns 5,389.659 phantom stock units.
• The units will be distributed as shares of common stock after the reporting person's termination of services as a director.

Sentiment

Score: 5

Explanation: This is a routine insider transaction report for director compensation, which typically has a neutral sentiment as it reflects standard corporate governance practices rather than new financial performance or strategic shifts.

Positives

• The acquisition of phantom stock units aligns the director's financial interests with those of the shareholders, promoting long-term value creation.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged, compliant trading strategy.

Future Outlook

Phantom stock units are scheduled to be distributed as shares of common stock after the reporting person's termination of services as a director.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity compensation structure for directors helps align their interests with long-term shareholder value.

Next Steps

• Distribution of phantom stock units as common stock shares upon Lynne M Doughtie's termination of services as a director.

Key Dates

Keywords

Boeing, BA, Phantom Stock Units, Director Compensation, Insider Transaction, SEC Form 4, Equity Compensation, Rule 10b5-1