Ortberg Robert Kelly 4
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Boeing (BA) CEO Kelly Ortberg Receives 58,097-Share Award
What Happened Robert Kelly Ortberg, President & CEO and Director of Boeing Co. (BA), received two awards of restricted stock units (RSUs) on February 17, 2026 totaling 58,097 RSUs (41,498 + 16,599). The awards were granted at $0.00 per share (typical for compensation awards); they convert one-for-one into common shares when they vest.
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely filing).
- Awards: 41,498 RSUs (footnote F1) and 16,599 RSUs (footnote F2); total = 58,097 RSUs. Grant reported as acquisition (code A).
- Price/consideration: $0.00 per unit (compensation award). No immediate cash paid or sale of shares.
- Vesting (footnotes): F1 — 41,498 units vest as 13,694.34 on 2/17/2027, 13,694.34 on 2/17/2028, and 14,109.32 on 2/20/2029; units settle 1:1 into common stock. F2 — 16,599 units vest and settle 1:1 on 2/20/2029; vested shares under F2 may not be sold or transferred until the earlier of the second anniversary of vesting or the reporting person’s termination.
- Shares owned after transaction: not specified in the excerpt of the filing provided.
Context These are time-based equity awards used for compensation and retention, not open-market purchases or sales. RSUs do not create immediate market exposure until they vest and are settled into shares; any future sale would depend on vesting and applicable transfer restrictions.