Form 4: Boeing Executive Stanley A Deal Reports Acquisition of Common Stock and Holdings in 401(k) Plan
SEC Form 4 Filing
Stanley A Deal, EVP, Pres. & CEO of Boeing Commercial Airplanes (BCA), reported acquiring 10,903 shares of Boeing common stock and holding shares indirectly through a 401(k) plan and Career Shares.
Summary
- On March 11, 2024, Stanley A Deal, EVP, Pres. & CEO of Boeing Commercial Airplanes (BCA), acquired 10,903 shares of Boeing common stock.
- These shares were acquired at a price of $0.00, likely representing a grant or award.
- Following the transaction, Deal directly owns 84,105.588 shares of Boeing common stock.
- Deal also indirectly owns 1,611.334 shares through the company's 401(k) plan and 4,319.58 shares through Career Shares.
- The reported transaction includes restricted stock units that will vest and settle in shares of Boeing's common stock on a one-for-one basis on March 11, 2027.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The acquisition of shares could be seen as slightly positive, but it's a routine disclosure.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Future Outlook
The document indicates future vesting of restricted stock units on March 11, 2027, suggesting a long-term incentive for the executive.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. This filing is a routine disclosure required by the SEC.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it reflects an executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Acquisition of common stock. |
| 03/11/2027 | Vesting date for restricted stock units. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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