Spann Hilary J. 4

What Happened

• Hilary J. Spann, Executive Vice President of Boston Properties (BXP), sold 5,495 shares in an open-market disposition on February 27, 2026. The weighted average sale price was $59.69, producing total proceeds of $327,997. This was a sale (not a purchase or exercise).

Key Details

• Transaction date: 2026-02-27
• Transaction type/code: Open market sale (S)
• Shares sold: 5,495
• Weighted average price: $59.69; reported sale-price range $59.18–$59.77 (see footnote F1)
• Proceeds: $327,997
• Filing date: 2026-03-02 — filed within the standard Form 4 reporting window (timely)
• Shares owned after the transaction: not included in the provided excerpt
• Footnote F1: sale price is a weighted average; reporting person can provide a breakdown of shares sold at each separate price upon request

Context

• This report documents a routine insider sale. Sales can be for many reasons (liquidity, diversification, tax planning) and do not by themselves indicate a change in the insider’s view of the company. No options exercise, gift, 10b5‑1 plan, or tax‑withholding transaction was noted in the supplied details.