Boeing Director Lynn J. Good Receives 428 Phantom Share Award

What Happened

• Lynn J. Good, a director of The Boeing Company (BA), was awarded 428 phantom stock units on April 1, 2026. The Form 4 reports the acquisition as an award (code A) with a reported acquisition price of $0 — these are non-cash, deferred compensation units rather than immediate share purchases.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
• Amount: 428 phantom stock units; reported acquisition value: $0 (derivative award).
• Shares owned after transaction: not specified in the filing.
• Footnotes from the filing:
  • F1: Phantom stock units convert into common stock on a 1-for-1 basis.
  • F2: Units awarded or acquired in lieu of director cash compensation.
  • F3: Under Boeing’s Deferred Compensation Plan for Directors, phantom units are distributed as shares after the director’s termination of service.
• No 10b5-1 plan, tax withholding, or late-filing indication noted.

Context

• These phantom stock units are a form of deferred director compensation and do not represent immediate common shares or a market purchase/sale. They will convert to actual shares on a 1-for-1 basis and are typically distributed when the director leaves the board. Such awards are routine for non-employee directors and should not be interpreted as a direct buy/sell signal on the open market.