Form 4: Boeing Executive David Christopher Raymond Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP, President & CEO of Boeing Global Services, David Christopher Raymond, reports the withholding of shares for tax obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, David Christopher Raymond, EVP, President & CEO of Boeing Global Services, reported a transaction involving Boeing common stock.
- 1,174.503 shares were withheld for payment of taxes on vesting of restricted stock units at a price of $186.44 per share.
- Following the transaction, Raymond directly owns 40,162.453 shares of Boeing common stock.
- Raymond also indirectly owns 0.083 shares through a 401(k) plan, 8,924.002 shares through the Executive Supplemental Savings Plan, and 957.42 shares through Career Shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and does not convey any particular positive or negative sentiment. It simply reports a transaction related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like Boeing. It provides transparency into the financial interests of key executives.
Comparison to Industry Standards
- Executive compensation practices, including the use of restricted stock units and stock options, are standard across large publicly traded companies such as Lockheed Martin, General Dynamics, and Airbus.
- The reporting requirements outlined in SEC Form 4 are consistent for all companies and executives subject to Section 16 of the Securities Exchange Act of 1934.
- The level of stock ownership by executives is often compared to industry peers to assess alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax purposes rather than a market sale.
- The filing provides transparency to stakeholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Shares withheld for tax obligations. |
| 02/20/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Beneficial Ownership, Form 4, Boeing, BA, Executive Compensation, Stock Options, David Christopher Raymond
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