THOMAS OWEN D 4
Research Summary
AI-generated summary
BXP CEO Thomas D. Owen Sells 1,198 Shares
What Happened
- Thomas D. Owen, CEO of BXP (BXP, Inc.), reported an open-market sale of 1,198 common shares on 2026-02-13. The weighted-average sale price was $61.22, for total proceeds of approximately $73,341.
- The filing also reports two prior acquisitions by will/inheritance on 2025-12-15 (990 shares) and 2025-12-26 (208 shares), each acquired at no cost.
Key Details
- Transaction dates and prices:
- Acquisitions by will/inheritance: 990 shares on 2025-12-15 and 208 shares on 2025-12-26 (price $0.00).
- Open-market sale: 1,198 shares on 2026-02-13; weighted-average price $61.22 (sales ranged $61.17–$61.26).
- Proceeds from sale: ~$73,341.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Notable footnotes:
- F1: Shares held by Glenowen Holdings, LLC (members include the reporting person as co-manager and members of his immediate family); the reporting person disclaims beneficial ownership except for pecuniary interest.
- F2: Weighted-average sale price noted; seller can provide per-trade price breakdown on request to the SEC or issuer/security holders.
- F3: Filing references 2,472.57 shares acquired under Boston Properties, Inc. employee/share plans.
- Timeliness: The Form 4 is dated and filed on 2026-02-13 — the same date as the reported sale (timely filing).
Context
- Inherited shares and gifts are not direct indicators of trading intent or sentiment; the two December 2025 entries were transfers by will/inheritance (no cash paid).
- The reported sale was an open-market disposition; sales are often routine and can reflect diversification, tax planning, or other personal reasons. The filing is factual and does not state the motivation for the sale.