Form 4: Boeing Director Buckley Acquires Phantom Stock Units in Lieu of Cash Compensation

Director Mortimer J. Buckley acquired phantom stock units of Boeing Co. in lieu of cash compensation, convertible to common stock upon termination of service.

Summary

• On April 1, 2025, Director Mortimer J. Buckley acquired 499.711 phantom stock units of Boeing Co.
• These units were awarded in lieu of director cash compensation.
• The phantom stock units are convertible into common stock on a 1-for-1 basis.
• Upon termination of service as a director, the phantom stock units will be distributed as shares of common stock according to The Deferred Compensation Plan for Directors of The Boeing Company.
• Following the transaction, Buckley directly owns 979.64 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The use of phantom stock units is a positive sign of aligning director interests with shareholder value.

Positives

• The acquisition of phantom stock units aligns the director's interests with the long-term performance of the company.
• The deferred compensation plan incentivizes continued service as a director.

Future Outlook

The phantom stock units will be distributed as shares of common stock after the reporting person's termination of services as a director, according to The Deferred Compensation Plan for Directors of The Boeing Company.

Industry Context

Director compensation in the form of stock and phantom stock units is a common practice among publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with the company's long-term performance.

Key Dates

Keywords

Boeing, Director, Mortimer J. Buckley, Phantom Stock Units, Form 4, Compensation, BA, Deferred Compensation Plan