JOHRI AKHIL 4

What Happened
Akhil Johri, a director of The Boeing Company (BA), received an award of 406 phantom stock units on July 1, 2026. The Form 4 reports the transaction value and price as $0.00 because these are derivative phantom units rather than a cash purchase or open-market trade. This award was granted in lieu of director cash compensation.

Key Details

• Transaction date: 2026-07-01; Report filed: 2026-07-06. (Filing was submitted several days after the transaction and may be later than the typical 2-business-day Form 4 requirement.)
• Transaction type/code: A — Award/Grant (derivative phantom stock units).
• Amount: 406 phantom stock units; reported price per unit: $0.00; reported value: $0.
• Shares owned after transaction: Not stated in the excerpt of the filing.
• Footnotes from the filing:
  • F1: Phantom units convert into common stock on a 1-for-1 basis.
  • F2: Units were awarded/acquired in lieu of director cash compensation.
  • F3: Under Boeing’s Deferred Compensation Plan for Directors, phantom units are distributed as common shares after the director’s termination of service.

Context
Phantom stock units are a form of deferred compensation for directors and do not represent an immediate market purchase or sale. They typically convert to actual shares (here on a 1-for-1 basis) at a future date (often upon leaving the board), so this award is a routine compensation event rather than a direct signal of insider buying or selling.