George Gutowski

Heavy Executive Stock Sales At Boeing

I believe that we may all conclude that the three executives in question are selling and not acquiring any additional shares other than that which they receive through their compensation arrangements. Its nice to see that their required holdings as a multiple of their base salary are in adherance with internal employment requirements. It is also true that they are chosing to reduce their holdings when they are not beholden to their contracts. This is always a signal which needs to be viewed, noted, parsed and analyzed. I note your comment that Mr. McNerney needed to settle a tax obligation. Of all the options he may have availed himself of he sold Boeing shares. This is telling. My comments in the original post and this reply are in the context that Boeing has had a great run and that there is a natural inclination to ponder if the run will continue. Senior officers, who supposedly do not leave money on the table, are disposing of Boeing shares.