DIEHL RODNEY 4

What Happened Rodney Diehl, Executive Vice President of the issuer's general partner, was granted 8,504 LTIP units on January 30, 2026. The units were reported at $0.25 each for a total reported value of $2,126 and are coded as an award/acquisition (transaction code A). This was an equity compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-30; filing date: 2026-02-02 (timely filed).
• Grant: 8,504 LTIP Units @ $0.25 each; reported aggregate value $2,126.
• Vesting: Units vest in four equal annual installments beginning January 15, 2027.
• LTIP unit mechanics: LTIP Units may be converted into common OP units, which can be redeemed for cash equal to the fair market value of a share of BXP common stock or, at BXP's election, exchanged for one share of BXP common stock; LTIP Units have no expiration.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: A (award/grant); no 10b5-1 plan or tax-withholding notation reported.

Context This is a standard equity compensation grant to an executive rather than a purchase or sale; such awards are routine for long-term incentive alignment and vest over multiple years. Because these LTIP Units are convertible/redeemable under the terms described, their ultimate economic value depends on future conversion/redemption elections and BXP’s stock value.