Form 4: Boston Properties Executive Vice President Hilary J. Spann Reports Stock Transaction
SEC Form 4 Filing
Hilary J. Spann, Executive Vice President of Boston Properties, reports the withholding of 1,064 common stock shares to cover tax obligations related to vesting restricted stock on September 7, 2024.
Summary
- On September 7, 2024, Hilary J. Spann, an Executive Vice President at Boston Properties, had 1,064 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld in connection with the vesting of restricted common stock.
- The price per share for the transaction was $74.56.
- Following the transaction, Spann directly owns 20,653 shares of Boston Properties common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executive officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 09/07/2024 | Date of stock transaction: 1,064 shares withheld for tax obligations. |
| 09/10/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.