Parker Stephen Kenneth 4
Research Summary
AI-generated summary
Boeing EVP Stephen Parker Withholds 968 Shares for Taxes
What Happened
Stephen Kenneth Parker, EVP and President & CEO of Boeing Defense, Space & Security (BDS), had 967.694 shares withheld on 2026-02-19 to satisfy tax withholding related to the vesting of restricted stock units. The withholding was recorded at $236.71 per share for a notional value of approximately $229,063. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-19; price used: $236.71 per share.
- Shares withheld/disposed: 967.694; notional value ≈ $229,063.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote F1: Shares were withheld to pay taxes on RSU vesting — not an open market transaction.
- Footnote F2: Notes that plan holdings in the issuer’s 401(k) are represented by fund units, not direct shares.
- Filing date: 2026-02-23 — appears to meet the typical Form 4 filing deadline (filed within two business days).
Context
This was a routine tax-withholding event tied to RSU vesting (cashless/withholding method), which reduces the insider’s reported share count but does not reflect an active sale into the market or a deliberate investment decision. Such withholdings are common and generally not read as a signal of insider sentiment.