Form 4 Filing for Douglas T. Linde of BXP, Inc.

This filing details a Form 4 submission by Douglas T. Linde, President and Director of BXP, Inc. (BXP). On December 22, 2025, Mr. Linde acquired 148,305 LTIP Units at a price of $0.25 per unit. These LTIP Units are a form of limited partnership interest in Boston Properties Limited Partnership (BPLP). The conversion of these units into common OP units, and subsequently into shares of BXP common stock, is subject to performance-based and time-based vesting conditions. The performance conditions are tied to the appreciation of BXP's common stock price over a four-year period ending December 22, 2029, with vesting tiers ranging from $90.00 to $118.00. Time-based vesting occurs over three years, starting with one-third on the second anniversary of the grant date. Following this transaction, Mr. Linde holds 753,420 shares. The LTIP Units have no expiration date.