Form 4: Boeing Executive Brett C. Gerry Reports Acquisition of Shares and Stock Options

Brett C. Gerry, CLO & EVP of Global Compliance at Boeing, reports the acquisition of common stock and stock options, along with adjustments to existing holdings.

Summary

• Brett C. Gerry, a Boeing executive, filed a Form 4 detailing changes in beneficial ownership.
• On February 19, 2025, Gerry acquired 10,973 shares of common stock and stock options for 31,120 shares.
• These shares were acquired at a price of $0.00.
• Gerry also holds 3.166 shares indirectly through a 401(k) plan and 10,205.16 shares through a trust.
• The stock options have an exercise price of $221.44 and will vest on February 19, 2028, expiring on February 19, 2035.
• Following these transactions, Gerry directly owns 43,218.346 shares of Boeing common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock and option grants, which is neither overtly positive nor negative.

Positives

• The acquisition of shares and stock options by a high-ranking executive could be interpreted as a sign of confidence in the company's future performance.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedules for the restricted stock units and the exercisability of the stock options suggest a long-term incentive structure for the executive.

Industry Context

Executive stock ownership is a common practice in publicly traded companies like Boeing to align management's interests with those of shareholders. These filings are standard disclosures required by the SEC.

Comparison to Industry Standards

• Executive compensation packages at Boeing are likely benchmarked against those of other major aerospace and defense companies such as Lockheed Martin (LMT), General Dynamics (GD), and Northrop Grumman (NOC).
• Stock option grants and restricted stock units are typical components of executive pay, designed to incentivize long-term performance and retention.
• The vesting schedules and exercise prices are structured to align with industry norms for executive compensation.

Stakeholder Impact

• The change in executive ownership may have a minor impact on shareholder confidence.

Key Dates

Keywords

Form 4, Boeing, Stock Options, Common Stock, Beneficial Ownership, Executive Compensation, Gerry, BA