Research Summary
AI-generated summary of this SEC filing
Boeing EVP Stephen Parker Withholds 629.68 Shares for Taxes
What Happened Stephen Kenneth Parker, EVP and President & CEO of Boeing Defense, Space & Security (BDS), had 629.68 shares withheld to cover taxes related to the vesting of restricted stock units. The withholding was executed at $209.08 per share on 2026-08-28, for a total value of approximately $131,653. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date and price: 2026-08-28 at $209.08 per share.
- Shares withheld/disposed: 629.68 shares; total value ≈ $131,653.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 = shares withheld to pay taxes on RSU vesting (not an open-market transaction). F2 = 401(k) plan holdings are represented by plan units, not direct shares.
- Filing date/timeliness: Form filed 2026-09-01 — appears to have been filed within the standard two-business-day window following the 8/28 transaction.
Context Tax withholding on vested restricted stock units is a routine administrative action (a cashless mechanism to satisfy tax obligations) and should not be interpreted as a deliberate open-market sale reflecting the insider’s view of the company. Retail investors typically weight outright purchases more heavily than routine withholdings when assessing insider sentiment.