Form 4: Boeing Executive Ann M. Schmidt Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
Boeing's SVP, Chief Communications & Brand Officer, Ann M. Schmidt, reported the withholding of 1,684.397 shares of common stock for tax obligations related to restricted stock unit vesting.
Summary
- Ann M. Schmidt, SVP, Chief Communications & Brand Officer of The Boeing Co (BA), reported a transaction on July 29, 2025.
- The transaction involved the disposition of 1,684.397 shares of Common Stock at a price of $233.97 per share.
- The shares were withheld for the payment of taxes on the vesting of restricted stock units and was not an open market transaction.
- Following this transaction, Ann M. Schmidt directly beneficially owns 18,316.003 shares of Common Stock.
- Additionally, Ann M. Schmidt indirectly owns 4.49 units in the issuer's 401(k) plan, which are represented by units in the issuer's common stock fund.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding on RSU vesting) which is neutral in sentiment, reflecting standard executive compensation and tax procedures.
Positives
- The transaction indicates the vesting of restricted stock units, which represents a form of compensation for the executive.
Negatives
- The disposition of shares was due to tax withholding, which is a mandatory reduction in direct share ownership.
Risks
- NA
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Management Comments
- The filing includes a signature by Jenn X. Hu, Attorney-in-Fact for Ann M. Schmidt, indicating the formal submission of the required disclosure.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction for tax purposes and does not provide broader insights into industry trends or competitive dynamics within the aerospace sector.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Ann M. Schmidt granted a Power of Attorney to several individuals (Margaret R. Fleming, Stephanie L. Hernandez, Jenn X. Hu, Dana E. Kumar, and any duly appointed Corporate Secretary) to prepare, execute, and file SEC documents, including Forms 3, 4, and 5, on her behalf. This also includes managing her EDGAR account and obtaining necessary credentials. | 07/24/2025 | This streamlines the process for Ann M. Schmidt to comply with Section 16 filing requirements, ensuring timely and accurate submission of insider transaction reports to the SEC. |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in company strategy or financial performance.
- Employees: No direct impact beyond the executive involved.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 07/24/2025 | Date of Power of Attorney execution by Ann M. Schmidt. |
| 07/29/2025 | Date of the reported transaction (shares withheld for taxes). |
| 07/31/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Boeing, BA, SEC Form 4, insider transaction, stock, tax withholding, restricted stock units, executive compensation, corporate officer
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