Otteni Peter V 4
Research Summary
AI-generated summary
BXP EVP Peter Otteni Sells 4,863 Shares
What Happened
Peter V. Otteni, Executive Vice President of BXP, sold 4,863 shares of BXP stock in an open-market transaction on May 20, 2026. The weighted average sale price was $59.06 per share, for total proceeds of approximately $287,186. This was a sale (not a purchase); sales by insiders are common and may reflect routine liquidity needs rather than a change in view on the company.
Key Details
- Transaction date: 2026-05-20 (open-market sale, code S)
- Price: weighted average $59.06; individual sale prices ranged from $59.01 to $59.075 (see footnote)
- Shares sold: 4,863; proceeds ≈ $287,186
- Shares owned after transaction: Not specified in this filing
- Footnote: Weighted average price reported; the filing states the shares were sold in multiple transactions at prices from $59.01 to $59.075 and that the reporting person will provide a per-price breakdown upon request by the SEC, issuer, or security holder
- Filing timeliness: Form 4 filed on 2026-05-20 (same day as the reported transaction); no late filing indicated
Context
This was a straightforward open-market sale. Such insider sales can be routine (e.g., for diversification, tax or personal needs) and do not, by themselves, prove anything about future company performance. For more detail (e.g., post-transaction holdings), consult the full Form 4 filing (Accession: 0001862920-26-000010).