BOEING CO·4

Apr 3, 5:48 PM ET

Gitlin David L. 4

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Boeing Director David Gitlin Receives 404 Phantom Stock Units

What Happened David L. Gitlin, a director of The Boeing Company (BA), was awarded 404 phantom stock units on 2026-04-01. The units are recorded at a $0 acquisition price (derivative award) and are convertible into Boeing common shares on a 1-for-1 basis.

Key Details

  • Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely filing).
  • Award: 404 phantom stock units, acquisition price $0 (derivative securities).
  • Shares owned after transaction: not specified in the provided filing data.
  • Footnotes: units convert 1-for-1 into common stock (F1); awarded in lieu of director cash compensation (F2); units are distributed as shares after the director leaves service under the Deferred Compensation Plan for Directors (F3).
  • Transaction type: Award/Grant (code A on Form 4), not an open-market purchase or sale.

Context Phantom stock unit grants are a common form of director compensation and represent deferred equity rather than an immediate cash or stock purchase; they typically do not indicate a near-term buy/sell signal. These units will convert to common shares upon distribution as specified by the company’s director deferred compensation plan.