LABELLE MICHAEL E 4
4 · BXP, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
BXP CFO Michael E. Labelle Sells Shares
What Happened
Michael E. Labelle, EVP and Chief Financial Officer of BXP, sold a total of 26,113 BXP shares in open-market transactions on June 9, 2026. The sales were reported as two groups: 18,080 shares at a weighted average price of $66.05 (proceeds $1,194,177) and 8,033 shares at a weighted average price of $67.02 (proceeds $538,356), for aggregate proceeds of approximately $1,732,533. These are dispositions (sales), which are commonly routine and do not by themselves indicate insider sentiment.
Key Details
- Transaction date: 2026-06-09; Form 4 filed: 2026-06-10 (timely filed within reporting window).
- Individual trades reported:
- 18,080 shares sold @ weighted avg $66.05; proceeds $1,194,177. Footnote: prices in this group ranged $65.81–$66.79 (F1).
- 8,033 shares sold @ weighted avg $67.02; proceeds $538,356. Footnote: prices in this group ranged $66.815–$67.11 (F2).
- Total shares sold: 26,113; total proceeds: ~$1.73M.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the provided details.
- Footnotes state the reporting person can provide per-price breakdowns on request to the SEC, issuer, or security holders.
Context
Sales by executives can fund diversification, taxes, or other personal needs; they are common and not as informative as purchases. There is no indication in this filing of an options exercise, a directed gift, or a 10% owner transaction—this is an open-market sale by an executive.
Insider Transaction Report
- Sale
Common Stock, par value $0.01
[F1]2026-06-09$66.05/sh−18,080$1,194,177→ 13,872 total - Sale
Common Stock, par value $0.01
[F2]2026-06-09$67.02/sh−8,033$538,356→ 5,839 total
Footnotes (2)
- [F1]Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $65.81 to $66.79, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]Represents the weighted average sale price. These shares were sold in multiple transactions at sale prices ranging from $66.815 to $67.11, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.