THOMAS OWEN D 4

What Happened

• Thomas Owen (CEO) was granted 73,063 LTIP units (derivative award) on January 30, 2026. The reported per‑unit amount is $0.25, for a total reported value of $18,266. This was an award/grant (code A) rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-30; Filing date/accession: 2026-02-02 (filed within reporting window).
• Instrument: LTIP Units (derivative units of limited partnership interest); reported price $0.25; total reported value $18,266.
• Vesting: The 73,063 LTIP Units were fully vested upon grant per the filing (footnote F2).
• Shares/units owned following transaction: not specified in the Form 4 provided.
• Transaction type code: A = Award/Grant; not a sale (S) or purchase (P).

Context

• LTIP Units are units of limited partnership issued under the issuer’s equity incentive program. They can convert into common OP units and may be redeemable for cash equal to the fair market value of a share of BXP’s common stock or, at BXP’s election, exchanged for one share of BXP common stock (see footnote F1). LTIP Units have no expiration date.
• This is a compensation award (not an insider buy or sell); such grants can reflect routine executive compensation and do not by themselves indicate insider buying or selling sentiment.