JOHRI AKHIL 4
Research Summary
AI-generated summary
Boeing (BA) Director Akhil Johri Receives 428-Unit Award
What Happened
- Akhil Johri, a director of The Boeing Company, received an award of 428 phantom stock units on 2026-04-01. The grant shows a $0.00 acquisition price (award/derivative), so the reported transaction value at grant is $0. These units are derivative awards, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
- Award: 428 phantom stock units; reported price per unit $0.00; total reported value $0.
- Shares owned after transaction: Not reported in this filing.
- Footnotes: F1 — units convert to common stock on a 1-for-1 basis; F2 — awarded/acquired in lieu of director cash compensation; F3 — units are distributed as shares after the director’s termination of service.
- Transaction code: A (award/grant of a derivative instrument).
Context
- Phantom stock units are a form of deferred/director compensation that convert to actual shares later (here, 1-for-1) and are typically distributed upon termination of service. This is a routine compensation award and should not be read as an immediate buy/sell signal about insider sentiment.