Raymond, Boeing EVP, sells $867k in shares

Published 13/08/2025, 00:38
Raymond, Boeing EVP, sells $867k in shares

Raymond (NSE:RYMD) David Christopher, EVP, Pres. & CEO of Boeing (NYSE:BA) Global Services, sold 3,770.768 shares of Boeing common stock on August 8, 2025. The shares were sold at a weighted average price of $229.945, with prices ranging from $229.93 to $229.98, for a total transaction value of $867,069.

Following the transaction, Raymond directly owns 35,872.585 shares of Boeing. He also indirectly owns 0.083 shares via a 401(k), 8,924.002 shares via the Executive Supplemental Savings Plan, and 957.42 shares designated as Career Shares.

In other recent news, Boeing reported delivering 48 aircraft in July, a decrease from the 60 delivered in June, but an increase compared to the same month last year. This includes 37 of its 737 MAX jets, eight 787 Dreamliners, two 777 freighters, and one 767 freighter. Additionally, the company has been awarded a $79.7 million contract from the U.S. Department of Defense for maintenance of the E-4B aircraft. In another development, the UK’s Competition and Markets Authority has approved Boeing’s acquisition of Spirit AeroSystems (NYSE:SPR), allowing the merger to proceed without further investigation. Boeing is also set to mark a significant milestone with the anticipated first flight of its 777-9 jet, which has been in the works for about five years. Furthermore, Boeing has secured an $883 million contract with the U.S. Army for cargo engineering and logistics support services, awarded after a competitive bidding process. These developments reflect Boeing’s active engagement in both commercial and defense sectors.

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