Joyce David Leon 4
Research Summary
AI-generated summary
Boeing (BA) Director Joyce David Leon Receives 440 Phantom Units
What Happened
- Joyce David Leon, a director of The Boeing Company (BA), was awarded 440 phantom stock units on July 1, 2026. The transaction is reported as an award (derivative) at an acquisition price of $0.00 (total reported value $0) under the company’s director deferred compensation arrangements.
Key Details
- Transaction date and type: 2026-07-01 — Award/Grant (derivative) of 440 units at $0.00.
- Filing date: Form 4 filed 2026-07-06 reporting the Jul 1 award.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- Phantom units convert to common stock on a 1-for-1 basis (F1).
- Units were awarded or acquired in lieu of director cash compensation (F2).
- Under the Deferred Compensation Plan for Directors, phantom units are distributed as shares after the reporting person’s termination of service as a director (F3).
- No late-filing flag is noted in the provided data.
Context
- These phantom stock units are a form of deferred compensation, not an open-market purchase or sale. They do not represent immediate acquisition of voting common shares; conversion/distribution typically occurs after the director leaves service. Such awards are routine for board compensation and should be viewed as compensation disclosure rather than an immediate market sentiment signal.