Gerry Brett C. 4

What Happened

• Gerry C. Brett, Boeing's Chief Legal Officer & EVP, Global Compliance, had 1,445.902 shares withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded at $236.71 per share, totaling approximately $342,259. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the standard 2-business-day window).
• Price used for withholding: $236.71 per share.
• Shares withheld/disposed: 1,445.902 (total value ≈ $342,259).
• Transaction code: F (payment of exercise price or tax liability); footnote F1 confirms shares were withheld to pay taxes on RSU vesting and were not sold in the open market.
• Footnote F2 notes plan-held holdings in Boeing’s 401(k) are represented by plan units, not direct shares.
• Shares owned after the transaction: not specified in the provided excerpt — see the full Form 4 for post-transaction holdings.

Context

• Tax-withholding dispositions on RSU vesting are routine and do not necessarily signal insider sentiment about the company — they are a common way to satisfy tax obligations when awards vest.
• Because this was a withholding (not an open-market sale), it should not be interpreted as a directional trade (buy or sell) by the insider.