Form 4 Filing by BXP, Inc. - Eric G. Kevorkian

On December 22, 2025, Eric G. Kevorkian, SVP, CLO and Secretary of BXP, Inc., acquired 16,949 LTIP Units through a grant under the 2025 Outperformance Plan. The reported price was $0.25 per unit. These LTIP Units may be converted into Common OP Units, which can then be redeemed for cash or exchanged for shares of BXP, Inc. common stock. The vesting of these units is contingent upon both time-based conditions (one-third vesting after two years, with the remainder vesting over the subsequent two years) and performance-based conditions tied to the stock price appreciation, with performance tiers ranging from $90.00 to $118.00 over a four-year period ending December 22, 2029. Following this transaction, Mr. Kevorkian holds 40,478.91 shares. This filing is classified as an officer transaction.