McKenzie Howard E 4
Research Summary
AI-generated summary
Boeing (BA) EVP McKenzie Howard Receives 9,248 RSUs; 765 Withheld
What Happened
- McKenzie Howard, Chief Engineer & EVP of Engineering, Test & Technology at Boeing, received two grants of restricted stock units (RSUs) on 2026-02-17 totaling 9,248 RSUs (6,606 and 2,642 units) at $0.00 acquisition price.
- To cover tax liabilities on vesting, 765.097 shares were withheld (disposed) at $242.18 per share, for a withholding value of $185,291. The withholding was not an open-market sale but a tax-satisfaction transaction.
Key Details
- Transaction date: February 17, 2026; Form filed February 19, 2026 (timely filing).
- Grants: 6,606 RSUs and 2,642 RSUs (total 9,248 RSUs); acquisition price reported $0.00 (award).
- Tax withholding: 765.097 shares withheld at $242.18 each; total withheld value $185,291 (code F — tax withholding).
- Vesting/settlement: RSUs settle one-for-one into common stock. Footnote F1: portions vest on Feb 17, 2027 (2,179.98), Feb 17, 2028 (2,179.98), and Feb 20, 2029 (2,246.04). Footnote F2: another award vests and settles Feb 20, 2029 and has a sale restriction until the earlier of the second anniversary of vesting or the executive’s termination.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: appears timely (filed within required reporting window).
Context
- These transactions are awards of RSUs (acquisitions) plus routine tax-withholding (disposition) on vesting; the withheld shares are not open-market sales and are commonly used to satisfy tax obligations.
- For retail investors, awards signal compensation-related equity grants rather than a direct buy/sell signal about the executive’s market view.