Form 4: Boeing EVP Brian West Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Boeing's EVP & CFO, Brian West, reports the withholding of shares for tax obligations and periodic contributions to the company's 401(k) plan.
Summary
- On August 27, 2024, Brian West, EVP & Chief Financial Officer of Boeing, reported changes in beneficial ownership of Boeing common stock.
- 6,311.822 shares were withheld for payment of taxes on vesting of restricted stock units at a price of $172.59 per share.
- This was not an open market transaction.
- West also reported an acquisition of 811.335 shares through periodic contributions to Boeing's 401(k) plan.
- Following these transactions, West directly owns 50,026.903 shares of Boeing common stock and indirectly owns shares through the 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and employee benefit plans, common for publicly traded companies like Boeing.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and employee benefits.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of the reported transactions (shares withheld for taxes and 401(k) contribution). |
| 08/29/2024 | Date of signature by Attorney-in-Fact. |
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.