NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Mary E. Kipp Acquires Phantom Stock Units as Compensation
BXP, Inc. Director Mary E. Kipp acquired 398.57 phantom stock units on June 30, 2025, as part of her compensation, bringing her total beneficial ownership to 6,401.14 units.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Joel Klein Increases Stake Through Phantom Stock Unit Acquisition
BXP, Inc. Director Joel Klein acquired 542.1 phantom stock units on June 30, 2025, as part of his director compensation, increasing his total beneficial ownership to 21,135.51 units.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director William H. Walton III Receives Equity Compensation in Phantom Stock Units
BXP, Inc. Director William H. Walton III was awarded 342.99 phantom stock units on June 30, 2025, as part of his non-employee director compensation, aligning his interests with long-term shareholder value.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Tony West Increases Stake Through Phantom Stock Unit Acquisition
BXP, Inc. Director Tony West acquired 347.32 phantom stock units on June 30, 2025, as part of his non-employee director compensation plan, increasing his total beneficial ownership to 3,141.91 units.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Julie Richardson Acquires Phantom Stock Units as Part of Compensation Plan
BXP, Inc. Director Julie Richardson has acquired 162 phantom stock units valued at $67.47 per unit, as part of the company's non-employee director compensation program.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Matthew Lustig Increases Stake Through Phantom Stock Unit Acquisition
BXP, Inc. Director Matthew J. Lustig acquired 435.62 phantom stock units as part of his compensation, increasing his total beneficial ownership to 18,713.54 units.
NYSE
15 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Bruce Duncan Acquires Phantom Stock Units as Compensation
BXP, Inc. Director Bruce W. Duncan acquired 509.73 phantom stock units on June 30, 2025, as part of his director compensation, increasing his total beneficial ownership to 11,191.77 units.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Timothy J. Naughton Acquires Additional Shares Through Grant
BXP, Inc. Director Timothy J. Naughton reported the acquisition of 2,434 shares of common stock, increasing his direct beneficial ownership to 5,269 shares.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Julie Richardson Receives Equity Compensation Through LTIP Unit Grant
BXP, Inc. Director Julie Richardson was granted 2,434 LTIP Units as part of the company's equity incentive program, aligning her interests with shareholder value.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Matthew Lustig Acquires Over 2,400 LTIP Units in Equity Incentive Grant
BXP, Inc. Director Matthew J. Lustig has acquired 2,434 LTIP Units as part of the company's equity-based incentive program, increasing his beneficial ownership to 22,365 units.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Bruce Duncan Acquires 2,434 LTIP Units as Part of Equity Compensation
BXP, Inc. Director Bruce W. Duncan has acquired 2,434 LTIP Units, increasing his beneficial ownership to 17,407 derivative securities, as part of the company's equity-based incentive programs.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Mary E. Kipp Acquires Over 2,400 LTIP Units, Boosting Equity Stake
BXP, Inc. Director Mary E. Kipp has acquired 2,434 LTIP Units, increasing her beneficial ownership to 10,163 units, aligning her interests with shareholders.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Joel Klein Receives Significant Equity Grant, Boosting Alignment
BXP, Inc. Director Joel Klein has acquired 2,434 LTIP Units, increasing his beneficial ownership and aligning his interests with shareholders.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Diane Hoskins Acquires 2,434 Shares Under Pre-Arranged Plan
BXP, Inc. Director Diane J Hoskins acquired 2,434 shares of common stock on May 28, 2025, increasing her total beneficial ownership to 15,597 shares, as reported in a Form 4 filing.
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director Tony West Reports Scheduled Equity Grant and Increased Ownership
BXP, Inc. Director Tony West has reported the scheduled acquisition of 1,217 shares of common stock and 1,217 LTIP Units, increasing his beneficial ownership in the company.
Better than expected
 
NYSE
48 days, 2 hours ago 
BXP
Bxp, INC
Form 4: BXP Director William Walton III Acquires 2,434 LTIP Units as Part of Compensation
BXP, Inc. Director William H. Walton III has acquired 2,434 LTIP Units, increasing his beneficial ownership to 14,297 units, with vesting scheduled for May 2026.
NYSE
56 days, 22 hours ago 
BXP
Bxp, INC
8-K: BXP, Inc. Announces Results of 2025 Annual Meeting of Stockholders
BXP, Inc. held its 2025 annual meeting, electing directors, approving executive compensation, and ratifying the appointment of PricewaterhouseCoopers LLP as its independent accounting firm.
NYSE
70 days, 23 hours ago 
BXP
Bxp, INC
10-Q: Boston Properties Reports Q1 2025 Results: Leasing Activity Strong Despite Economic Uncertainty
Boston Properties (BXP) reports its Q1 2025 financial results, highlighting robust leasing activity and strategic capital management amidst a volatile economic landscape.
Worse than expected
 
NYSE
77 days, 23 hours ago 
BXP
Bxp, INC
8-K: BXP Announces First Quarter 2025 Results, Cites Strong Leasing Activity
BXP reports a 3.1% increase in revenue and executes over 1.1 million square feet of leases in the first quarter of 2025.
Worse than expected
 
NYSE
84 days, 17 hours ago 
BXP
Bxp, INC
8-K: Boston Properties Amends Credit Agreement, Removes SOFR Adjustment
Boston Properties Limited Partnership amended its credit agreement, eliminating a 10 basis point SOFR conversion adjustment on $700 million in outstanding borrowings.
BXP 
Bxp, INC 
NYSE

Form 4: BXP Director Tony West Reports Scheduled Equity Grant and Increased Ownership

Sentiment:
 Insider Transaction Report
 29 May 2025 12:31 PM

BXP, Inc. Director Tony West has reported the scheduled acquisition of 1,217 shares of common stock and 1,217 LTIP Units, increasing his beneficial ownership in the company.

Better than expected
  The scheduled acquisition of additional shares and LTIP Units by a director signals confidence in the company's future prospects and aligns management's interests with shareholders. 

Summary
  • Director Tony West of BXP, Inc. reported the scheduled acquisition of 1,217 shares of common stock and 1,217 LTIP Units on May 28, 2025, pursuant to a Rule 10b5-1 plan.
  • The common stock was acquired at a price of $0, and the LTIP Units were acquired at $0.25 per unit.
  • Following these transactions, Mr. West will beneficially own 6,025 shares of common stock and 2,634 LTIP Units.
  • The LTIP Units represent limited partnership interests in Boston Properties Limited Partnership (BPLP) and can be converted into common units, which are redeemable for cash or BXP common stock.
  • The 1,217 LTIP Units are scheduled to vest on the earlier of May 28, 2026, or the date of BXP's 2026 annual meeting of stockholders.
Sentiment

Score: 8

Explanation: The scheduled acquisition of shares and LTIP units by a director, particularly under a pre-arranged plan, is generally a positive signal, indicating confidence in the company's future performance and aligning insider interests with shareholders.

Positives
  • Director Tony West's scheduled acquisition of additional shares and LTIP Units indicates increased alignment of his interests with those of shareholders.
  • The grant of LTIP Units and common stock serves as an incentive for long-term performance and retention of key management, reflecting confidence in the company's future.
Future Outlook

This Form 4 filing pre-reports a scheduled equity grant to Director Tony West on May 28, 2025, under a Rule 10b5-1 plan. The 1,217 LTIP Units granted are set to vest on the earlier of May 28, 2026, or the date of BXP's 2026 annual meeting of stockholders, aligning his incentives with the company's long-term performance.

Industry Context

This insider transaction by a director of BXP, a prominent real estate investment trust (REIT), reflects standard equity compensation practices within the industry aimed at aligning management interests with shareholder value creation. Such grants are common in the REIT sector to incentivize long-term performance tied to property portfolio value and income generation.

Stakeholder Impact
  • Shareholders: Increased alignment of the director's interests with shareholders, potentially signaling confidence in future performance and long-term value creation.
  • Employees: The equity grant is part of an incentive program, which can be seen as a positive for employee retention and motivation, particularly for key personnel.
Next Steps
  • Vesting of 1,217 LTIP Units on the earlier of May 28, 2026, or the date of BXP's 2026 annual meeting of stockholders.
  • Potential conversion of LTIP Units into Common OP Units and subsequent redemption for cash or BXP common stock.
Related Party Transactions
  • The scheduled acquisition of common stock and LTIP Units by Director Tony West represents a related party transaction, as it involves an equity grant from the company to a member of its board of directors as part of an incentive program.
Key Dates
  • 05/28/2025: Scheduled transaction date for the acquisition of common stock and LTIP Units by Director Tony West.
  • 05/29/2025: Date the Form 4 was signed by Kelli A. DiLuglio, as Attorney-in-Fact for Tony West.
  • 05/28/2026: Earliest vesting date for the 1,217 LTIP Units acquired by Director Tony West.
  • 2026: Year of BXP's annual meeting of stockholders, which is an alternative vesting trigger for the LTIP Units.
Keywords
BXP Inc., Boston Properties, Tony West, Form 4, SEC filing, insider transaction, stock acquisition, LTIP Units, director ownership, equity compensation, Rule 10b5-1 plan, real estate investment trust, REIT
BXP 
Bxp, INC 
NYSE
Sector: Real Estate
 
Filings with Classifications
Better than expected
29 May 2025 12:31 PM
Insider Transaction Report
  • The scheduled acquisition of additional shares and LTIP Units by a director signals confidence in the company's future prospects and aligns management's interests with shareholders.
Worse than expected
6 May 2025 3:19 PM
Quarterly Report (Form 10-Q)
  • Net income attributable to BXP, Inc. decreased by $18.7 million year-over-year.
  • Net income attributable to Boston Properties Limited Partnership decreased by $21.221 million year-over-year.
Worse than expected
29 April 2025 4:18 PM
Quarterly Report
  • Net income attributable to BXP, Inc. decreased compared to the same quarter last year.
  • FFO decreased compared to the same quarter last year.
Worse than expected
28 January 2025 4:38 PM
Quarterly Report
  • The company reported a net loss for the quarter and a decrease in FFO per share for the year, primarily due to non-cash impairment charges.
  • The midpoint of guidance for 2025 FFO per diluted share is projected to be lower than full year 2024 FFO per diluted share primarily due to higher net interest expense.
Better than expected
5 November 2024 1:23 PM
Quarterly Report
  • The company's leasing activity increased by 25% compared to the same period in 2023.
  • The company's CBD portfolio was 90.1% occupied and 92.1% leased as of September 30, 2024.
  • The company completed the acquisition of its joint venture partners 50% economic ownership interest in the joint venture that owns 901 New York Avenue, located in Washington, DC.
Capital raise
29 October 2024 4:21 PM
Quarterly Report
  • Boston Properties Limited Partnership (BPLP) completed a public offering of $850.0 million in aggregate principal amount of its 5.750% unsecured senior notes due 2035.
  • BPLP entered into a new $100.0 million unsecured term loan that bears interest at a variable rate of SOFR plus 1.05% and matures on September 26, 2025 with three one-year extension options.
Better than expected
29 October 2024 4:21 PM
Quarterly Report
  • FFO per diluted share for the third quarter was greater than the mid-point of BXP's updated guidance by $0.01 per diluted share.
Capital raise
26 August 2024 4:19 PM
Debt Issuance Announcement
  • Boston Properties Limited Partnership completed the issuance and sale of $850 million aggregate principal amount of 5.750% Senior Notes due 2035.
  • The net proceeds to the Partnership from the sale of the Notes, after deducting underwriting discounts and estimated transaction expenses, are estimated to be approximately $841.9 million.
Worse than expected
5 August 2024 4:49 PM
Quarterly Report
  • Net income attributable to BXP, Inc. and Boston Properties Limited Partnership decreased compared to the same period last year.
Capital raise
5 August 2024 4:49 PM
Quarterly Report
  • The company has established an unsecured commercial paper program, allowing for borrowings up to $500 million.
  • The company has a $2.0 billion unsecured revolving credit facility, with no outstanding balance as of June 30, 2024.
  • The company may seek to enhance its liquidity to fund its current and future development activity, pursue additional attractive investment opportunities and refinance or repay indebtedness.
Capital raise
30 July 2024 4:53 PM
Quarterly Report
  • Boston Properties Limited Partnership (BPLP) established an unsecured commercial paper program, allowing it to issue up to $500.0 million in unsecured commercial paper notes.
  • BPLP exercised its remaining accordion option under its unsecured revolving credit facility to increase the current maximum borrowing amount under the credit facility from $1.815 billion to $2.0 billion.
Better than expected
30 July 2024 4:53 PM
Quarterly Report
  • EPS and FFO per share exceeded the mid-points of BXP's guidance by $0.05 and $0.06 per share, respectively, primarily due to lower non-cash interest expense and greater contributions from portfolio operations.
Capital raise
10 May 2024 10:48 AM
Quarterly Report
  • BXP may sell shares of its common stock under its at-the-market (ATM) stock offering program.
  • BPLP may issue unsecured commercial paper notes up to a maximum aggregate amount outstanding at any one time of $500 million.
  • BXP may seek to enhance its liquidity to fund its current and future development activity, pursue additional attractive investment opportunities and refinance or repay indebtedness.
Capital raise
30 April 2024 5:22 PM
Quarterly Report
  • BPLP established an unsecured commercial paper program with a maximum aggregate amount outstanding of $500 million.
  • BPLP increased the maximum borrowing amount under its unsecured revolving credit facility from $1.815 billion to $2.0 billion.
Worse than expected
30 April 2024 5:22 PM
Quarterly Report
  • The company's EPS fell short of its guidance midpoint by $0.16 per diluted share.
  • Full-year 2024 EPS guidance was reduced by approximately $0.33 per share at the midpoint.
  • Full-year 2024 FFO guidance was reduced by approximately $0.06 per share at the midpoint.
Better than expected
30 January 2024 4:54 PM
Quarterly Report
  • The company's EPS exceeded the mid-point of its guidance by $0.15 per diluted share, primarily due to better-than-projected income from unconsolidated joint ventures and interest income.
  • The company's FFO per diluted share exceeded the mid-point of its guidance by $0.02 per diluted share, primarily due to better-than-projected interest income and development and management services income.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. 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.