Bradway Robert A 4
Research Summary
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Boeing (BA) Director Robert A. Bradway Receives Phantom Stock Award
What Happened Robert A. Bradway, a member of Boeing's board of directors, was awarded 428 phantom stock units on April 1, 2026. The transaction is reported as an award/grant (code A) of a derivative security at $0.00 per unit (total reported value $0). These units are phantom stock units rather than immediate common shares.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-03 (timely filing).
- Security: 428 phantom stock units (derivative) @ $0.00; total reported value $0.
- Transaction type: Award/Grant (A).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — phantom units convert 1-for-1 into common stock; F2 — award granted in lieu of director cash compensation; F3 — units are distributed as shares after the director’s termination of service under Boeing’s Deferred Compensation Plan for Directors.
- Filing timeliness: This Form 4 was filed within the typical 2-business-day window and is not marked late.
Context Phantom stock units are a form of deferred compensation: they do not represent immediate shareholdings or require Bradway to pay cash now. Under Boeing’s plan, these units usually convert into actual shares (1-for-1) and are delivered after the director leaves service, so this is routine board compensation rather than an open-market purchase or sale. For investors, such awards are generally standard compensation mechanics and should not be taken alone as a direct bullish or bearish signal.