Officer Stock Acquisition
Donna D. Garesche, EVP, Chief HR Officer of BXP, Inc., acquired 16,949 LTIP Units on December 22, 2025. The acquisition was made at a price of $0.25 per unit. These LTIP Units are part of the Issuer's 2025 Outperformance Plan and are subject to performance-based and time-based vesting conditions. The performance conditions are tied to the appreciation of the Issuer's common stock price over a four-year period, with vesting tiers ranging from $90.00 to $118.00. Time-based vesting occurs over three years, with one-third vesting on the second anniversary of the grant date and the remainder vesting ratably over the subsequent two years. Each LTIP Unit may be converted into a common OP Unit, which can then be redeemed for cash or exchanged for shares of the Issuer's common stock.