THOMAS OWEN D 4
4 · BXP, Inc. · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
BXP CEO Thomas Owen Receives 73,063 LTIP Units
What Happened
Thomas Owen D, Chief Executive Officer of BXP, received an award of 73,063 LTIP Units (derivative units) on January 30, 2026. The units are reported at $0.25 each, for a total reported value of $18,266. This was an equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-01-30 — Grant/award of LTIP Units (A).
- Price/value reported: $0.25 per unit; total $18,266.
- Shares/units owned after transaction: Not disclosed in the filing.
- Vesting: The 73,063 LTIP Units were fully vested upon grant per the filing (footnote).
- Derivative mechanics (footnote summary): LTIP Units are limited partnership units in BPLP that can be converted to common OP units and may be redeemed for cash equal to the fair market value of a BXP share, or converted into BXP shares at the issuer’s election. LTIP Units have no expiration date.
- Filing timeliness: Form 4 was filed on Feb 2, 2026 for the Jan 30 transaction (filed within the normal reporting window).
Context
This was an equity award under BXP’s incentive plan and represents a derivative interest (LTIP Units) rather than an immediate purchase of common stock. The dollar value is modest; such grants are often part of compensation programs and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
Form 4
BXP, Inc.BXP
THOMAS OWEN D
DirectorChief Executive Officer
Transactions
- Award
LTIP Units
[F1][F2]2026-01-30$0.25/sh+73,063$18,266→ 1,105,695 total→ Common Stock, par value $0.01 (73,063 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs ("LTIP Units"). Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of BPLP or the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of common stock. LTIP Units have no expiration date.
- [F2]The 73,063 LTIP Units were fully vested upon grant pursuant to the Reporting Person's employment agreement.
Signature
/s/ Kelli A. DiLuglio, as Attorney-in-Fact|2026-02-02