Harris Stayce D. 4
Research Summary
AI-generated summary
Boeing Director Stayce D. Harris Receives 404 Phantom Stock Units
What Happened Stayce D. Harris, a director of The Boeing Company (BA), received an award of 404 phantom stock units on April 1, 2026. The filing reports the units at an acquisition price of $0.00 (transaction code A — award/grant). These are derivative phantom stock units that convert on a 1-for-1 basis into Boeing common shares and were granted in lieu of director cash compensation. The award is deferred; units are distributed as shares after the reporting person’s termination of service as a director.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filed).
- Reported acquisition: 404 phantom stock units at $0.00 (derivative award).
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — units convert 1-for-1 into common stock; F2 — awarded in lieu of director cash compensation; F3 — distributed as shares after termination of director service.
- Transaction type: Award/deferred compensation (not an open-market purchase or sale).
Context Phantom stock units are a common form of deferred director compensation and do not represent immediate common-share ownership or a sale. Because the units convert to shares only upon distribution (typically after leaving the board), this award is a compensation event rather than an immediate market signal of insider buying or selling.