Form 4: Boeing Director Lynn J. Good Acquires Phantom Stock Units

Boeing Director Lynn J. Good acquired 428 phantom stock units, convertible to common stock, on April 1, 2026, as part of director compensation.

Summary

• Lynn J. Good, a Director at Boeing Co., acquired 428 phantom stock units on April 1, 2026.
• These phantom stock units are convertible into common stock on a 1-for-1 basis.
• The acquisition is in lieu of director cash compensation.
• Following this transaction, Good beneficially owns 16,972.509 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation transaction for a director rather than a significant strategic or financial event.

Positives

• Director compensation is being utilized through equity awards, aligning director interests with shareholders.
• The acquisition of phantom stock units indicates continued commitment from a key board member.

Future Outlook

The phantom stock units are distributable as common stock after the reporting person's termination of services as a director, as per The Deferred Compensation Plan for Directors of The Boeing Company.

Industry Context

StockSavvy.ai notes that the use of phantom stock units for director compensation is a common practice in the aerospace and defense industry, aiming to align executive and director interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The transaction reinforces director alignment with shareholder interests through equity-based compensation.
• Directors: This is a standard component of director compensation, reflecting their role and commitment.

Next Steps

• Distribution of phantom stock units as common stock upon termination of director services.

Key Dates

Keywords

Boeing, Form 4, Insider Trading, Director Compensation, Phantom Stock Units, Equity Awards, Securities Ownership