BXP, Inc. Form 4 Filings

BXP, Inc. Executive Vice President John J. Stroman received an award of 11,597 LTIP Units on January 30, 2026 at a price of $0.25 per unit. These are long-term incentive units tied to Boston Properties Limited Partnership.

Each LTIP Unit can, after certain tax-related conditions, be converted into a partnership common unit and then effectively into either cash equal to the value of one BXP common share or one actual share, at the issuer’s election. The 11,597 LTIP Units vest in four equal annual installments starting on January 15, 2027. After this grant, Stroman directly holds 105,321 LTIP Units, and the LTIP Units have no expiration date.

BXP, Inc. Executive Vice President Peter V. Otteni reported an award of 7,731 LTIP Units on January 30, 2026. These equity-based units in Boston Properties Limited Partnership were granted at a reference price of $0.25 per unit and are held directly.

The 7,731 LTIP Units vest in four equal annual installments beginning on January 15, 2027. Each LTIP Unit can be converted into a Common OP Unit, which may then be redeemed for cash equal to the fair market value of one BXP common share or, at the issuer’s election, for one share of common stock. Following this grant, Otteni beneficially owns 99,378 derivative LTIP Units.

BXP, Inc. Executive Vice President Rodney Diehl received an award of 8,504 LTIP Units on January 30, 2026 at a stated price of $0.25 per unit. These are units of limited partnership interest in Boston Properties Limited Partnership, issued under the company’s equity incentive programs.

Each LTIP Unit can convert into a common operating partnership unit and then, at the holder’s election, be redeemed for cash equal to the fair market value of one share of BXP common stock, or, at the issuer’s election, settled in one share of common stock instead of cash. The 8,504 LTIP Units vest in four equal annual installments beginning on January 15, 2027. After this grant, Diehl beneficially owns 99,690 derivative securities linked to BXP on a direct basis. The LTIP Units have no expiration date.

BXP, Inc. executive Donna D. Garesche, EVP and Chief HR Officer, reported an equity-based award of derivative securities. On January 30, 2026, she was granted 3,401 LTIP Units at $0.25 per unit, bringing her directly held derivative holdings to 45,399 LTIP Units.

These LTIP Units represent limited partnership interests in Boston Properties Limited Partnership and can ultimately be converted into units redeemable for cash equal to the fair market value of one share of BXP common stock, or, at the issuer’s election, one share of common stock per unit. The 3,401 LTIP Units vest in four equal annual installments beginning January 15, 2027, aligning compensation with long-term performance.

BXP, Inc.'s Executive Vice President and Chief Financial Officer filed an amended insider trading report to correct a prior administrative error. The update clarifies that on 01/15/2026, exactly 1,252 shares of common stock were withheld to satisfy tax obligations related to the vesting of restricted common stock.

After this tax withholding, the reporting officer beneficially owns 7,971 shares of BXP common stock directly. The amendment replaces an earlier filing that had overstated the number of shares withheld and also updates the post-transaction share balance.

BXP, Inc. Executive Vice President filed an amended insider trading report to correct a prior administrative error related to a tax withholding transaction on restricted stock.

The amendment states that on 01/15/2026, 1,002 shares of common stock were withheld at a price of $67.11 per share to satisfy the executive's tax obligation upon vesting of restricted common stock, coded as an "F" transaction. The original filing had mistakenly reported that 1,224 shares were withheld.

Following this correction, the filing reports that the executive directly beneficially owns 6,269 shares of BXP common stock.

BXP executive files amended insider transaction report to correct a prior tax-withholding entry. The senior vice president, chief legal officer and secretary updated a January 15, 2026 transaction in which common shares were withheld to cover taxes on vesting restricted stock. The amendment clarifies that 97 shares of common stock, par value $0.01, were withheld at a price of $67.11 per share under transaction code F, rather than the 92 shares previously reported. Following this correction, the executive is shown as beneficially owning 511 shares of common stock directly. The filing states the change results from an administrative error in the original Form 4 filed on January 20, 2026.

BXP, Inc. senior vice president, chief legal officer and secretary Eric G. Kevorkian reported a routine share withholding related to equity compensation. On January 15, 2026, 92 shares of BXP common stock were withheld at $67.11 per share to satisfy his tax obligations when restricted stock vested, rather than being an open-market sale. After this withholding, he directly beneficially owned 516 shares of BXP common stock. The filing indicates the transaction was made in his capacity as an officer and is reported as directly owned stock.

BXP, Inc. reported an insider transaction by Executive Vice President Hilary J. Spann on a Form 4. On January 15, 2026, 1,224 shares of BXP common stock were withheld at $67.11 per share to cover her tax obligation arising from the vesting of restricted common stock, rather than being sold in the open market.

After this tax withholding, Spann beneficially owns 6,047 shares of BXP common stock directly. This type of transaction is a routine administrative event linked to equity compensation vesting.

BXP, Inc. executive vice president and chief financial officer Michael E. LaBelle reported an automatic share withholding related to equity compensation. On 01/15/2026, 1,658 shares of common stock at a stated price of $67.11 per share were withheld to cover the reporting person’s tax obligation arising from the vesting of restricted common stock. Following this tax withholding, LaBelle beneficially owned 7,565 shares of BXP common stock in direct ownership.

BXP, Inc. reported that one of its non-employee directors acquired 370.48 Phantom Stock Units on 12/31/2025. These units convert into BXP common stock on a 1-for-1 basis and are part of the company’s 2021 Stock Incentive Plan for directors who choose stock-based pay instead of cash fees. The units are generally settled in BXP shares after the director retires from the board, either in a lump sum or over ten annual installments, with fractional units paid in cash.

After this transaction, the director beneficially owned 876.12 Phantom Stock Units, valued at $67.48 per unit for this award. The total includes 4.92 Phantom Stock Units that were credited on October 31, 2025 as dividend equivalent rights, meaning additional units were granted in line with dividends on BXP common stock. Directors can also elect, after their board service ends, to reallocate portions of deferred units into notional measurement funds that are settled in cash instead of stock.

BXP, Inc. reported that a non-employee director received 518.67 Phantom Stock Units on 12/31/2025 under BXP's 2021 Stock Incentive Plan. These units track the value of BXP common stock and convert into BXP common shares on a 1-for-1 basis, with any fractional units settled in cash.

The director elected to receive Phantom Stock Units instead of cash director fees, with payout in either a lump sum or ten annual installments after retirement from the Board. Following retirement, the director may reallocate portions of the notional investment into measurement funds, which would then be settled in cash. After this award, the director beneficially owns 12,465.2 Phantom Stock Units, including 116.32 units credited on October 31, 2025 as dividend equivalents.

BXP, Inc. director reports new phantom stock award

A BXP, Inc. non-employee director reported receiving 500.15 Phantom Stock Units on 12/31/2025 under the company’s 2021 Stock Incentive Plan. These units are tied to BXP common stock on a 1-for-1 basis and were valued at $67.48 per unit for this transaction.

After this grant, the director beneficially holds 22,621.62 Phantom Stock Units, which include 215.40 units credited on October 31, 2025 as dividend equivalent rights. The units are issued in lieu of cash director fees and will be settled after the director retires from the board, either in a lump sum or in ten annual installments, generally in BXP common shares except that fractional units and certain reallocated amounts are settled in cash.

BXP, Inc. reported an equity compensation change for one of its directors involving phantom stock units. On 12/31/2025, the director acquired 444.58 phantom stock units at a derivative price of $67.48 per unit, bringing the director’s total beneficial ownership to 20,032.69 phantom stock units.

Each phantom stock unit converts into one share of BXP common stock after the director retires from the board, with payment in either a lump sum or ten annual installments. The award was made under BXP’s 2021 Stock Incentive Plan to a non-employee director who elected to receive phantom stock units instead of cash fees. The total includes 190.73 units credited on October 31, 2025 as dividend-equivalent rights, reflecting reinvested value linked to BXP’s dividends.

BXP, Inc. director reports new phantom stock award and updated holdings. On 12/31/2025, a non-employee director acquired 351.96 Phantom Stock Units tied to BXP common stock under the company’s 2021 Stock Incentive Plan.

The units convert into BXP common shares on a 1-for-1 basis and may be paid in a lump sum or in ten annual installments after the director retires from the board. Following this transaction, the director holds 3,894.91 Phantom Stock Units, which include 34.50 units credited on October 31, 2025 as dividend equivalents on existing awards.

BXP, Inc. reported that one of its non-employee directors acquired additional phantom stock units as of 12/31/2025 under the company’s 2021 Stock Incentive Plan. The director received 351.96 Phantom Stock Units in lieu of cash director fees, each of which is designed to convert into one share of BXP common stock. These units may be settled in a lump sum or in ten annual installments after the director retires from the board.

The director now beneficially owns 9,132.48 Phantom Stock Units, which includes 85.50 units credited on 10/31/2025 as dividend equivalents. Phantom stock units tied to BXP common stock are generally settled in shares, while any fractional units and amounts notionally reallocated to measurement funds are settled in cash.

BXP, Inc. reported that one of its non-employee directors received 407.53 Phantom Stock Units on 12/31/2025 under the company’s 2021 Stock Incentive Plan. These units are a form of deferred equity-based compensation that convert into BXP common stock on a 1-for-1 basis, with any fractional units settled in cash.

After this grant, the director beneficially owns 7,341.99 Phantom Stock Units, which includes 67.52 units credited on October 31, 2025 as dividend equivalent rights. The Phantom Stock Units are settled in BXP shares, in a lump sum or over ten annual installments, following the director’s retirement from the board. The director may later choose to reallocate deferred amounts into notional measurement funds, which would then be settled in cash rather than stock.

BXP, Inc. reported that an Executive Vice President received an equity-based award tied to the company’s long-term performance. On 12/22/2025, the officer was granted 59,322 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These partnership units can ultimately convert into units that may be redeemed for either cash equal to the value of one share of BXP common stock or one share of BXP common stock, at the issuer’s election.

The LTIP Units are earned over a four-year performance period ending December 22, 2029, based on the dividend-adjusted closing price of BXP common stock meeting eight performance tiers between $90.00 and $118.00 for any 20 consecutive trading days. Between 12.5% and 100% of the award can be earned depending on which tier is achieved. The units also have time-based vesting, with one-third vesting on the second anniversary of the grant date and the remaining two-thirds vesting ratably over the third and fourth years, subject to continued service and meeting the performance goals.

BXP, Inc. reported that its Chief Executive Officer, who also serves as a director, received a grant of 211,864 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These partnership units can later convert into common operating partnership units and ultimately into cash or shares of BXP common stock, linking the award to shareholder value.

The number of LTIP Units earned depends on how the dividend-adjusted closing price of BXP’s stock performs over a four-year period ending December 22, 2029, with performance tiers from $90.00 to $118.00 and payouts increasing in 12.5% steps at each tier. The award also has time-based vesting, with one-third vesting on the second anniversary of the grant date and the remaining two-thirds vesting over the third and fourth years, subject to continued service and meeting the stock-price performance conditions.

BXP, Inc. reported a new equity award for its EVP and Chief HR Officer under the company’s 2025 Outperformance Plan. On 12/22/2025, the officer received 16,949 LTIP Units in Boston Properties Limited Partnership, the operating partnership of BXP, which are performance-based and have no expiration date.

These LTIP Units can convert into common operating partnership units, which may then be redeemed for cash equal to the fair market value of one share of BXP common stock, or exchanged for shares at the company’s election. The award is tied to stock price performance over a four-year period ending December 22, 2029, with eight price tiers between $90.00 and $118.00 determining how many units are earned, from 12.5% at $90.00 up to 100% at $118.00. Vesting is also time-based, with one-third vesting on the second anniversary of grant and the remaining two-thirds vesting over the third and fourth years, subject to continued service and performance conditions. Following this grant, 41,998 derivative securities are shown as beneficially owned directly.

BXP, Inc. reported an insider equity award for its Executive Vice President on a Form 4. On 12/22/2025, the executive received 59,322 LTIP Units of Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These partnership units can convert into common partnership units and then be redeemed for cash equal to the value of one share of BXP common stock, or exchanged for one share at the company’s election.

The number of LTIP Units ultimately earned depends on BXP’s dividend-adjusted share price performance over a four-year period ending December 22, 2029, with performance tiers between $90.00 and $118.00. The units also vest over time, with one-third vesting on the second anniversary of the grant and the remainder vesting over the third and fourth years, subject to continued service and achievement of the performance goals.

BXP, Inc. reported that its EVP and CFO received a grant of 72,034 LTIP Units, a form of performance-based equity, under the company’s 2025 Outperformance Plan. These units are limited partnership interests in Boston Properties Limited Partnership that can convert into common OP units and then be redeemed for either cash equal to the fair market value of BXP common stock or, at BXP’s election, shares of its common stock.

The award can be earned over a four-year performance period ending December 22, 2029, based on the dividend-adjusted share price reaching performance tiers between $90.00 and $118.00. At $90.00, 12.5% of the LTIP Units are earned, increasing by 12.5% at each $4.00 step, up to 100% at $118.00. The units also have time-based vesting, with one-third vesting on the second anniversary of the grant date and the remaining two-thirds vesting ratably over the third and fourth years, subject to continued service and achievement of the performance conditions.

BXP, Inc. reported that an Executive Vice President received a grant of 42,373 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These partnership units can later convert into common OP units and ultimately into cash or one share of BXP common stock per unit, if specified conditions are met. The units are earned based on the appreciation of BXP’s dividend-adjusted stock price over a four-year period ending December 22, 2029, with eight performance tiers between $90.00 and $118.00, and higher tiers earning a larger percentage of the award. The LTIP Units also follow a time-based vesting schedule, with one-third vesting on the second anniversary of the grant and the remaining two-thirds vesting over the third and fourth years, subject to continued service and performance. After this grant, the reporting person beneficially owned 91,647 derivative securities.

BXP, Inc. reported an equity award for an Executive Vice President through a performance-based long-term incentive plan. On 12/22/2025, the officer received 42,373 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These units can convert into partnership common units and ultimately into cash or one share of BXP common stock per unit, at the issuer’s election, if conditions are met.

The award is tied to share-price performance over a four-year period ending December 22, 2029. Eight performance tiers range from $90.00 to $118.00 per share; achieving higher tiers increases the percentage of LTIP Units earned from 12.5% up to 100%. The units also vest over time, with one-third vesting on the second anniversary of the grant date and the remaining two-thirds vesting ratably over the third and fourth years, subject to continued service and performance achievement.

BXP, Inc. reported that its president and director received a grant of 148,305 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These LTIP Units can convert into an equal number of common partnership units, which may then be redeemed for cash equal to the value of one share of BXP common stock or, at the company’s election, one share of its common stock.

The number of LTIP Units ultimately earned depends on how BXP’s dividend-adjusted stock price performs over a four-year period ending December 22, 2029, across eight tiers from $90.00 to $118.00, with 12.5% of the award earned at $90.00 and 100% at $118.00 once a tier is met for 20 consecutive trading days. The award also has time-based vesting: one-third vests on the second anniversary of the grant date, and the remaining two-thirds vest ratably over the third and fourth years, subject to continued service and meeting the performance targets.

BXP, Inc. disclosed that one of its executive vice presidents received a grant of 42,373 LTIP Units in Boston Properties Limited Partnership under the company’s 2025 Outperformance Plan. These units are a form of performance-based and time-based equity incentive tied to the appreciation of BXP’s common stock over a four-year performance period ending December 22, 2029.

The number of LTIP Units ultimately earned depends on stock price performance across eight tiers ranging from $90.00 to $118.00, with 12.5% of the maximum award earned at $90.00 and 100% earned at $118.00. The award also vests over time, with one-third vesting on the second anniversary of the grant date and the remaining two-thirds vesting ratably over the third and fourth years, subject to continued service and achievement of the performance conditions.

BXP, Inc. reported a new equity award for its Senior Vice President, Chief Legal Officer and Secretary. On 12/22/2025, the officer received 16,949 LTIP Units, a type of limited partnership interest in Boston Properties Limited Partnership granted under the company’s 2025 Outperformance Plan.

These LTIP Units can later be converted into partnership units and ultimately into cash or shares of BXP common stock, subject to strict conditions. The number of units earned depends on how much the company’s dividend-adjusted share price appreciates over a four-year performance period ending December 22, 2029, with eight price tiers from $90.00 to $118.00 determining between 12.5% and 100% of the award. The units also vest over time, with one-third vesting on the second anniversary of the grant and the rest vesting over the third and fourth years, contingent on continued service and meeting the performance goals.

BXP, Inc. reported an insider stock sale by its Senior Executive Vice President. On December 1, 2025, the officer sold 36,314 shares of BXP common stock at a weighted average price of $72.1797 per share, with individual trades executed between $71.93 and $72.70. Following this transaction, the officer held no shares directly and 14,150 shares indirectly through The Raymond A. Ritchey 2008 Family Trust. The filing covers a single reporting person and reflects a sale of non-derivative common stock only.

BXP, Inc. (BXP) Senior Executive Vice President reported an equity transaction involving partnership and stock units. On 11/26/2025, the reporting person converted 36,314 LTIP Units of Boston Properties Limited Partnership (BPLP) into the same number of common operating partnership units (Common OP Units), which were then redeemed for 36,314 shares of BXP common stock, in line with BPLP’s partnership agreement. Following this, the reporting person directly held 36,314 shares of BXP common stock and also had indirect ownership of 14,150 shares through The Raymond A. Ritchey 2008 Family Trust. In addition, the person continued to hold significant Common OP Units in BPLP both directly and through trusts, which are redeemable for cash equal to the value of one BXP share or, at the issuer’s election, for one BXP share per unit.

BXP, Inc. reported an insider transaction by an Executive Vice President who sold 4,136 shares of common stock. The sale took place on 11/25/2025 at a weighted average price of $72.6474 per share, with individual trades executed between $72.615 and $72.68. Following this transaction, the reporting executive no longer beneficially owns any shares directly. The filing notes that full details of the number of shares sold at each separate price level are available upon request from the company, the U.S. Securities and Exchange Commission staff, or any security holder.

BXP, Inc. reported an insider equity transaction by its Executive Vice President. On 11/17/2025, the executive converted 4,136 LTIP Units in Boston Properties Limited Partnership into Common OP Units and then redeemed those units for 4,136 shares of BXP common stock, as allowed under the partnership agreement. Following the transaction, the executive directly owned 4,136 shares of common stock and 49,274 LTIP Units that remain outstanding as derivative securities.

BXP, Inc. reported an insider transaction on Form 4. An Executive Vice President sold 16,838 shares of common stock on 11/12/2025 in an open market sale (code S) at a weighted average price of $72.1724 per share.

Following the transactions, the reporting person beneficially owned 0 shares, with direct ownership. The sales occurred in multiple trades at prices ranging from $72.135 to $72.28, and the filer undertook to provide full trade-by-trade details upon request.

BXP, Inc. reported that its EVP and CFO executed an open‑market sale of 13,422 shares of common stock on 11/07/2025 at an average price of $72.3403 per share (Transaction Code S).

Following the transaction, the officer directly beneficially owns 9,223 shares. The filing indicates it was submitted by one reporting person.

BXP, Inc. disclosed an insider transaction: the company’s SVP, CLO and Secretary reported a bona fide gift of 100 shares of common stock on 11/06/2025 at a stated price of $0.

Following the transaction, the reporting person beneficially owns 608 shares, held directly. The filing notes the shares were gifted to an unaffiliated non-profit organization.