Form 4: Boeing Executive Howard McKenzie Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Chief Engineer and EVP of Boeing, Howard McKenzie, reports the acquisition of restricted stock units and adjustments to holdings in company savings plans.
Summary
- Howard McKenzie, a Boeing executive, filed a Form 4 detailing changes in beneficial ownership of Boeing stock.
- On March 11, 2024, McKenzie acquired 5,451 restricted stock units (RSUs) that will vest on March 11, 2027.
- McKenzie's direct holdings of common stock following the transaction are 21,635.734 shares.
- McKenzie also has indirect ownership through the 401(k) plan (1,192.697 shares) and the Executive Supplemental Savings Plan (2,850.331 shares).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of restricted stock units aligns the executive's interests with the long-term performance of the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates executive compensation and alignment with shareholder value.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Acquisition of restricted stock units. |
| 03/11/2027 | Vesting date for the acquired restricted stock units. |
| 03/13/2024 | Date of Form 4 filing. |
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