BOEING CO·4

Jul 6, 4:40 PM ET

Buckley Mortimer J 4

Research Summary

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Updated

Boeing (BA) Director Mortimer Receives 383 Phantom Stock Units

What Happened

  • Mortimer Buckley, a director of The Boeing Company, was awarded 383 phantom stock units on July 1, 2026. The filing reports an acquisition (code A) of 383 derivative units at $0.00 per unit. These are phantom stock units (not actual shares at grant) and the reported acquisition value is $0.

Key Details

  • Transaction date: July 1, 2026; Filing date: July 6, 2026 (appears after the typical 2-business-day Form 4 deadline).
  • Transaction type: Award/Grant of phantom stock units (derivative), code A.
  • Amount: 383 phantom stock units; reported acquisition price: $0.00.
  • Shares owned after transaction: not specified in the filing.
  • Relevant footnotes from the filing:
    • F1: Phantom units convert to common stock on a 1-for-1 basis.
    • F2: Units were awarded or acquired in lieu of director cash compensation.
    • F3: Phantom units are distributed as shares of common stock after the director’s termination of service.
  • Filing timeliness: The report was filed five days after the transaction date and thus appears to be late relative to the standard 2-business-day Form 4 deadline.

Context

  • These phantom units are a form of deferred/compensation for directors and are typically routine; they do not represent an immediate open-market purchase or sale. The units convert to actual shares only later (1-for-1) and are distributed after the director leaves the board, so there is no immediate change in market exposure from this grant.