LABELLE MICHAEL E 4/A

What Happened Michael E. Labelle, EVP and Chief Financial Officer of BXP, had 1,252 shares withheld to satisfy his tax obligation in connection with the vesting of restricted common stock. The withholding price was $67.11 per share, totaling approximately $84,022. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: January 15, 2026; price: $67.11 per share; 1,252 shares withheld; total value ≈ $84,022.
• Transaction type: F — shares withheld to cover tax liability on vested restricted stock (treated as a disposition for reporting).
• Amendment: This filing (filed Jan 27, 2026) corrects an earlier Form 4 (filed Jan 20, 2026) that incorrectly reported 1,658 shares withheld; the correct withheld amount is 1,252. The amendment also corrects the insider’s post-transaction beneficial ownership.
• The corrected post-transaction share count is not specified in the provided summary of the filing.

Context Tax-withholding on vested restricted stock is a routine administrative action by insiders and does not reflect an open-market sell decision or a discretionary investment signal. Amendments like this commonly fix reporting errors; they clarify the record but don’t imply a change in trading intent.