Form 4: Boeing Director Mortimer Buckley Acquires Phantom Stock Units

Mortimer J. Buckley, a Director at The Boeing Company, acquired 404 phantom stock units on April 1, 2026, as part of his director compensation.

Summary

• Director Mortimer J. Buckley acquired 404 phantom stock units on April 1, 2026.
• These phantom stock units are convertible into common stock on a 1-for-1 basis.
• The units were awarded or acquired in lieu of director cash compensation.
• Distribution of these units as common stock will occur after Buckley's termination of service as a director.
• Following this transaction, Buckley beneficially owns 2,551.75 phantom stock units 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-like instruments, aligning director interests with shareholders.
• The acquisition of phantom stock units indicates continued engagement and commitment from a key board member.

Risks

• The value of the phantom stock units is tied to the performance of Boeing's common stock, which is subject to market volatility and company-specific risks.
• Distribution of shares is contingent on the reporting person's termination of service, introducing a timing element for actual share ownership.

Future Outlook

Phantom stock units are convertible into common stock upon the reporting person's termination of service as a director, indicating a future potential increase in directly held common stock.

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 the company's performance through equity-based compensation.
• Directors: Reflects the standard compensation structure for board members at Boeing.

Next Steps

• Distribution of phantom stock units as common stock upon Mortimer J. Buckley's termination of service as a director.

Key Dates

Keywords

Boeing, BA, Form 4, Insider Trading, Director Compensation, Phantom Stock Units, Securities Ownership, SEC Filing