Form 4: Boeing Director Mortimer Buckley Acquires Phantom Stock Units

Mortimer J. Buckley, a Director at The Boeing Company, acquired 383 phantom stock units on July 1, 2026, as part of the company's deferred compensation plan for directors.

Summary

• Director Mortimer J. Buckley acquired 383 phantom stock units on July 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 common stock will occur after Mr. Buckley's termination of service as a director, as per The Deferred Compensation Plan for Directors of The Boeing Company.
• Following this transaction, Mr. Buckley beneficially owns 2,934.75 shares of common stock directly.

Sentiment

Score: 5

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

Positives

• Director compensation structure includes equity-like awards (phantom stock units).
• The transaction indicates continued participation and compensation for a key director.

Risks

• The value of phantom stock units is tied to the future performance and stock price of Boeing.
• Distribution of shares is contingent on the reporting person's termination of service as a director.

Future Outlook

Phantom stock units are convertible into common stock on a 1-for-1 basis and will be distributed as shares of common stock after the reporting person's termination of services as a director.

Industry Context

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

Stakeholder Impact

• Shareholders: The transaction reflects standard director compensation practices, with potential future dilution upon conversion of phantom stock units to common stock.

Next Steps

• Distribution of common stock upon termination of service as a director.

Key Dates

Keywords

Boeing, Form 4, Insider Trading, Director Compensation, Phantom Stock Units, Beneficial Ownership, SEC Filing, Mortimer Buckley