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Does Boeing benefit from a lower ShareValue Trust award to employees?

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Does Boeing benefit from a lower ShareValue Trust award to employees?

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Not at all. No matter what their size, awards paid out from ShareValue Trust have no significant financial impact on Boeing. Under the terms of the plan, we put $1.7 billion in a restricted trust fund and set specific dates for the potential payouts to employees based upon the price of our stock. And, by law, the timing of the awards cannot be changed. So, Boeing has absolutely no incentive, or chance, to influence anything related to the payouts. We always hope for healthy ShareValue Trust awards to our employees because they signal that our stock price has risen significantly over time, which makes all our shareholders happy.

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