Form 4: Boeing Executive Dana S. Deasy Acquires 21,060 Restricted Stock Units
SEC Form 4 Filing
Boeing's Chief Information and Data Analytics Officer, Dana S. Deasy, acquired 21,060 restricted stock units on December 31, 2024.
Summary
- Dana S. Deasy, Boeing's Chief Information and Data Analytics Officer, acquired 21,060 restricted stock units on December 31, 2024.
- These restricted stock units were granted at a price of $0.00 per unit.
- The units will vest in two tranches: 10,530 on December 31, 2025, and 10,530 on December 31, 2026.
- Each restricted stock unit will convert into one share of Boeing's common stock upon vesting.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns executive interests with company performance. There are no negative implications.
Positives
- The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and contribution from the executive.
Future Outlook
The restricted stock units will vest over the next two years, incentivizing the executive's continued performance.
Industry Context
Stock-based compensation is a common practice for publicly traded companies to incentivize and retain key executives.
Comparison to Industry Standards
- Granting restricted stock units is a standard practice among large public companies like Boeing to align executive compensation with shareholder value.
- Companies such as Lockheed Martin and General Dynamics also use similar stock-based compensation plans for their executives.
- The vesting schedule of these units is typical, with vesting occurring over a period of several years to encourage long-term commitment.
Stakeholder Impact
- The grant of restricted stock units is intended to align the executive's interests with those of the shareholders.
- The vesting schedule encourages the executive's continued contribution to the company's success.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the restricted stock unit grant. |
| 12/31/2025 | Date when 10,530 restricted stock units will vest. |
| 12/31/2026 | Date when the remaining 10,530 restricted stock units will vest. |
| 01/03/2025 | Date the form was signed. |
Keywords
Boeing, restricted stock units, executive compensation, Dana S. Deasy, stock grant, vesting
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