Form 4: Boeing Director Doughtie Boosts Phantom Stock Holdings
Insider Transaction Report
Boeing Director Lynne M. Doughtie acquired 232 phantom stock units, increasing her beneficial ownership to 5,164.659 units.
Summary
- Lynne M. Doughtie, a Director of The Boeing Company (BA), acquired 232 phantom stock units.
- The transaction date for this acquisition was October 1, 2025.
- These phantom stock units were acquired at a price of $0.0000 per unit, as they were awarded in lieu of director cash compensation.
- Following this transaction, Ms. Doughtie beneficially owns a total of 5,164.659 phantom stock units.
- Phantom stock units are convertible into common stock on a 1-for-1 basis.
- Units are distributed as shares of common stock after Ms. Doughtie's termination of services as a director, pursuant to The Deferred Compensation Plan for Directors of The Boeing Company.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of phantom stock units by a director is a routine compensation event but also indicates continued alignment with shareholder interests, as the director's stake in the company increases.
Positives
- The acquisition of phantom stock units by a director aligns management's interests with those of shareholders, as the value of these units is tied to the company's stock performance.
Future Outlook
Phantom stock units are distributed as shares of common stock after the reporting person's termination of services as a director.
Industry Context
Routine insider transactions, such as the acquisition of compensation-related equity, are common across publicly traded companies and reflect standard executive and director compensation practices.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Lynne M. Doughtie executed a Power of Attorney on July 23, 2025, authorizing specific individuals (Margaret R. Fleming, Stephanie L. Hernandez, Jenn X. Hu, Dana E. Kumar, and any Corporate Secretary of The Boeing Company) to prepare and file SEC Forms 3, 4, and 5 on her behalf. | 2025-07-23 | This streamlines compliance with Section 16 reporting requirements for the director by delegating the administrative task of filing to designated attorneys-in-fact. |
Stakeholder Impact
- Shareholders: The director's increased beneficial ownership through phantom stock units reinforces alignment with shareholder interests, as her compensation is tied to the company's stock performance.
Next Steps
- Phantom stock units will be distributed as shares of common stock after Lynne M. Doughtie's termination of services as a director.
Key Dates
| Date | Description |
|---|---|
| 2025-07-23 | Date of execution of the Power of Attorney by Lynne M. Doughtie. |
| 2025-10-01 | Transaction date for the acquisition of phantom stock units. |
| 2025-10-03 | Date the Form 4 was signed by Dana Kumar, Attorney-in-Fact. |
Keywords
Boeing, BA, Lynne M. Doughtie, Director, Phantom Stock Units, Insider Transaction, SEC Form 4, Deferred Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.