Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-01

BXP, Inc. (BXP)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$23,047,305
Owen Thomas total, FY2025
99th
CEO pay percentile vs peers
164.5:1
CEO-to-median pay ratio
68.8%
Say-on-pay support, latest vote
Companies that benchmark against BXP
22 companies name BXP as a compensation peer

Each company listed discloses BXP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BXP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Owen Thomas$950,000$0$19,317,943$0$2,758,900$20,462$23,047,305
Chief Executive Officer
Douglas Linde800,000013,167,70902,230,60041,46516,239,774
President
Michael LaBelle550,00006,105,58401,467,50031,3858,154,469
Executive Vice President Chief Financial Officer & Treasurer
Bryan Koop450,00004,194,01201,548,75040,3156,233,077
Executive Vice President, Boston Region
Hilary Spann450,00004,146,10701,151,00019,9985,767,105
Executive Vice President, New York Region

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Owen Thomas$23,047,305$12,844,078$12,963,964+10,203,227
Douglas Linde16,239,7749,055,6828,968,417+7,184,092
Michael LaBelle8,154,4694,357,2154,379,719+3,797,254
Bryan Koop6,233,0773,610,6953,333,273+2,622,382
Hilary Spann5,767,1052,819,659+2,947,446

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Peter Otteni VExecutive Vice President2026-05-15D4,863$0$1,216Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15A4,863CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15A4,863Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15D4,863Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-20D4,86359287,186Common, open-market saleForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21A2,000CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2006012,045CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2,000Derivative, Class A CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2,00060119,702Common, open-market saleForm 4 ↗
Diane J. HoskinsDirector2026-05-29A3,33200CommonForm 4 ↗
Matthew J. LustigDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
William H. Walton, IIIDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Mary E. KippDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Julie G. RichardsonDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Bruce W. DuncanDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Derek Anthony (Tony) WestDirector2026-05-29A1,66600CommonForm 4 ↗
Joel I. KleinDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Timothy J. NaughtonDirector2026-05-29A3,33200CommonForm 4 ↗
Dividend-equivalent accruals2026-05-291,666~4171 insider, 1 accrual row
Michael LaBelleEVP and CFO2026-06-04A23,981CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04D23,981Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04D23,98105,995Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04A23,981Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-09D8,03367538,356Common, open-market saleForm 4 ↗
Michael LaBelleEVP and CFO2026-06-09D18,080661,194,177Common, open-market saleForm 4 ↗
Julie G. RichardsonDirector2026-06-30A364.456624,167Derivative, Class A CommonForm 4 ↗
Mary E. KippDirector2026-06-30A402.166626,667Derivative, Class A CommonForm 4 ↗
Derek Anthony (Tony) WestDirector2026-06-30A351.636623,317Derivative, Class A CommonForm 4 ↗
Joel I. KleinDirector2026-06-30A496.416632,917Derivative, Class A CommonForm 4 ↗
Matthew J. LustigDirector2026-06-30A439.866629,167Derivative, Class A CommonForm 4 ↗
William H. Walton, IIIDirector2026-06-30A345.66622,917Derivative, Class A CommonForm 4 ↗
Bruce W. DuncanDirector2026-06-30A515.266634,167Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 32 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Peter Otteni VExecutive Vice President2026-05-15D4,863$0$1,216Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15A4,863CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15A4,863Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-15D4,863Derivative, Class A CommonForm 4 ↗
Peter Otteni VExecutive Vice President2026-05-20D4,86359287,186Common, open-market saleForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21A2,000CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2006012,045CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2,000Derivative, Class A CommonForm 4 ↗
Eric G. KevorkianSVP, CLO and Secretary2026-05-21D2,00060119,702Common, open-market saleForm 4 ↗
Diane J. HoskinsDirector2026-05-29A3,33200CommonForm 4 ↗
Matthew J. LustigDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
William H. Walton, IIIDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Mary E. KippDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Julie G. RichardsonDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Bruce W. DuncanDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Derek Anthony (Tony) WestDirector2026-05-29A1,66600CommonForm 4 ↗
Joel I. KleinDirector2026-05-29A3,3320833Derivative, Class A CommonForm 4 ↗
Timothy J. NaughtonDirector2026-05-29A3,33200CommonForm 4 ↗
Derek Anthony (Tony) WestDirector2026-05-29A1,6660417Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04A23,981CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04D23,981Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04D23,98105,995Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-04A23,981Derivative, Class A CommonForm 4 ↗
Michael LaBelleEVP and CFO2026-06-09D8,03367538,356Common, open-market saleForm 4 ↗
Michael LaBelleEVP and CFO2026-06-09D18,080661,194,177Common, open-market saleForm 4 ↗
Julie G. RichardsonDirector2026-06-30A364.456624,167Derivative, Class A CommonForm 4 ↗
Mary E. KippDirector2026-06-30A402.166626,667Derivative, Class A CommonForm 4 ↗
Derek Anthony (Tony) WestDirector2026-06-30A351.636623,317Derivative, Class A CommonForm 4 ↗
Joel I. KleinDirector2026-06-30A496.416632,917Derivative, Class A CommonForm 4 ↗
Matthew J. LustigDirector2026-06-30A439.866629,167Derivative, Class A CommonForm 4 ↗
William H. Walton, IIIDirector2026-06-30A345.66622,917Derivative, Class A CommonForm 4 ↗
Bruce W. DuncanDirector2026-06-30A515.266634,167Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Hilary SpannPSU2025-02-04510,85121,702$775,000
Michael LaBellePSU2025-02-04521,00242,0051,500,000
Bryan KoopRSU2025-01-3110,937732,960
Hilary SpannPSU2025-12-227,41529,66159,3222,661,052
Owen ThomasPSU2025-12-2226,483105,932211,8649,503,743
Bryan KoopPSU2025-02-04511,20122,403800,000
Owen ThomasRSU2025-01-3164,6024,039,200
Michael LaBellePSU2025-12-229,00436,01772,0343,231,284
Bryan KoopPSU2025-12-227,41529,66159,3222,661,052
Michael LaBelleRSU2025-01-3120,5081,374,300
Douglas LindePSU2025-12-2218,53874,153148,3056,652,629
Hilary SpannRSU2025-01-3110,596710,055
Owen ThomasPSU2025-02-04580,859161,7185,775,000
Douglas LindeRSU2025-01-3146,4863,115,080
Douglas LindePSU2025-02-04547,60595,2113,400,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Hilary Spann$710,055$3,436,052$082.9%
Michael LaBelle1,374,3004,731,284077.5%
Bryan Koop732,9603,461,052082.5%
Owen Thomas4,039,20015,278,743079.1%
Douglas Linde3,115,08010,052,629076.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas LindeRSU110,453$7,453,368
Michael LaBellePSU105,4697,117,048
Bryan KoopPSU66,6304,496,192
Owen ThomasPSU435,32729,375,866
Hilary SpannRSU47,9553,236,003
Douglas LindePSU256,11317,282,505
Michael LaBelleRSU44,8763,028,232
Bryan KoopRSU27,3001,842,204
Hilary SpannPSU26,9551,818,923
05

Incentive-plan design — the Compensation Discussion & Analysis

provide target total compensation opportunities to be competitive with companies in our benchmarking peer group, considering the skill sets required to implement our strategy and the market demand for such talent

CEO STI target (% of salary)247%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2198,180,09443,066,9651,454,02168.8%Passed
20252025-05-20123,529,79315,365,1801,339,15588.09%Passed
20242024-05-2292,860,51444,793,229834,99267.05%Passed
20232023-05-23123,768,21014,503,681825,17089.51%Passed
20222022-05-19127,254,62413,977,344404,07990.1%Passed
20212021-05-20121,376,00614,061,508383,46989.36%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2168.8%a
20252025-05-2088.09%b
20242024-05-2267.05%c

a. Approved under the standard stated in the filing — “Abstentions shall be included in determining the number of shares present and entitled to vote on the proposal, thus having the effect of a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions shall be included in determining the number of shares present and entitled to vote on the proposal, thus having the effect of a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions shall be included in determining the number of shares present and entitled to vote on the proposal, thus having the effect of a vote against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)164.5 : 1
CEO total compensation$23,047,305
Median employee compensation$140,113
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Joel I. KleinIndependent · Lead Independent Director · Compensation · Audit · Nominating/Governance · Sustainability$144,684$148,500$0$0$0$293,184
Bruce W. DuncanIndependent · Audit (Chair) · Compensation · Nominating/Governance140,000148,500000288,500
Diane J. HoskinsIndependent · Nominating/Governance · Sustainability (Chair)120,000165,000000285,000
Timothy J. NaughtonIndependent · Compensation (Chair) · Sustainability114,231165,000000279,231
Matthew J. LustigIndependent · Nominating/Governance (Chair) · Sustainability120,000148,500000268,500
Mary E. KippIndependent · Audit · Sustainability110,000148,500000258,500
Derek Anthony (Tony) WestIndependent · Compensation95,000156,750000251,750
William H. Walton, IIIIndependent · Compensation95,000148,500000243,500
Julie G. RichardsonIndependent · Audit · Partial-year service · Newly elected61,538148,500000210,038
Carol B. EinigerIndependent · Compensation · Nominating/Governance · Departed during FY42,61000042,610
Owen ThomasEmployee director · Board Chair · Sustainability00000
Douglas LindeEmployee director · Sustainability00000
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$165,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline$425,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,043,063
Equity awards (grant-date value)$1,377,750
All other compensation$0
Total cost of the board$2,420,813

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies BXP, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including BXP, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BXP, Inc.2025Owen Thomas$950,000$19,317,943$0$2,758,900$23,047,305
2SL Green Realty Corp.2025Marc Holliday1,400,00014,271,65601,639,39017,356,826
3Empire State Realty Trust2025Anthony Malkin896,9239,422,6970012,669,394
4Douglas Emmett, Inc.2025Jordan Kaplan800,0008,170,000009,012,069
5Kilroy Realty Corporation2025Angela Aman820,0004,433,57701,801,8507,072,527
6Vornado Realty Trust2025Steven Roth1,000,000001,760,0673,135,628
7Hudson Pacific Properties, Inc.2025Victor Coleman1,000,000356,326002,766,883

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
BXP, Inc.117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Douglas Emmett, Inc.not disclosedLTIP Units 100not disclosedFTI Consulting, Inc.
Empire State Realty Trust164%PSU 55 · LTIP Units 45Yes — TSR performance relative to the Nareit Office IndexFerguson Partners
Hudson Pacific Properties, Inc.140%LTIP Units 50 · PSU 50Yes — Relative TSR vs. Nareit Office IndexFerguson Partners Consulting
Kilroy Realty Corporation125.6%PSU 75 · RSU 25Yes — TSR Percentile RankingKorn Ferry
SL Green Realty Corp.not disclosedPSU 67 · RSU 33Yes — Office REIT Peers TSRFerguson Partners
Vornado Realty Trust168%PSU 100Yes — Relative TSR vs LTPP Peer GroupFTI Consulting, Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Owen ThomasDEF 14A2026-04-100001037540-26-000010Section “Summary Compensation Table” · page 101. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
2Section 01, Douglas LindeDEF 14A2026-04-100001037540-26-000010Section “Summary Compensation Table” · page 101. As printed: 16,239,774. Filing ↗machine: span 1793045–1793055
3Section 01, Michael LaBelleDEF 14A2026-04-100001037540-26-000010Section “Summary Compensation Table” · page 101. As printed: 8,154,469. Filing ↗machine: span 1801001–1801010
4Section 01, Bryan KoopDEF 14A2026-04-100001037540-26-000010Section “Summary Compensation Table” · page 101. As printed: 6,233,077. Filing ↗machine: span 1808519–1808528
5Section 01, Hilary SpannDEF 14A2026-04-100001037540-26-000010Section “Summary Compensation Table” · page 101. As printed: 5,767,105. Filing ↗machine: span 1816474–1816483
6Section 03, Hilary Spann PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r22 · c10 · span 1929724–1929730
7Section 03, Michael LaBelle PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r14 · c10 · span 1902849–1902855
8Section 03, Bryan Koop RSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r17 · c14 · span 1913628–1913634
9Section 03, Hilary Spann PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r23 · c10 · span 1933239–1933245
10Section 03, Owen Thomas PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r7 · c10 · span 1879155–1879162
11Section 03, Bryan Koop PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r18 · c10 · span 1916558–1916564
12Section 03, Owen Thomas RSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r5 · c14 · span 1873431–1873437
13Section 03, Michael LaBelle PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r15 · c10 · span 1906014–1906020
14Section 03, Bryan Koop PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r19 · c10 · span 1920196–1920202
15Section 03, Michael LaBelle RSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r13 · c14 · span 1900292–1900298
16Section 03, Douglas Linde PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r11 · c10 · span 1893347–1893353
17Section 03, Hilary Spann RSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r21 · c14 · span 1927169–1927175
18Section 03, Owen Thomas PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r6 · c10 · span 1875988–1875994
19Section 03, Douglas Linde RSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r9 · c14 · span 1886774–1886780
20Section 03, Douglas Linde PSUDEF 14A2026-04-100001037540-26-000010Section “Grants of Plan-Based Awards in 202” · grants of plan-based awards table. Filing ↗machine: t221 · r10 · c10 · span 1889706–1889712
21Section 07, pay ratioDEF 14A2026-04-100001037540-26-000010Section “CEO Pay Ratio”. As printed: 164.5 : 1. Filing ↗
22Section 08, Joel I. KleinDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 293,184. Filing ↗machine: t118 · r7 · c5 · span 1093491–1093498
23Section 08, Bruce W. DuncanDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 288,500. Filing ↗machine: t118 · r3 · c5 · span 1087703–1087710
24Section 08, Diane J. HoskinsDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 285,000. Filing ↗machine: t118 · r5 · c5 · span 1090706–1090713
25Section 08, Timothy J. NaughtonDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 279,231. Filing ↗machine: t118 · r9 · c5 · span 1096287–1096294
26Section 08, Matthew J. LustigDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 268,500. Filing ↗machine: t118 · r8 · c5 · span 1094888–1094895
27Section 08, Mary E. KippDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 258,500. Filing ↗machine: t118 · r6 · c5 · span 1092098–1092105
28Section 08, Derek Anthony (Tony) WestDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 251,750. Filing ↗machine: t118 · r12 · c5 · span 1100895–1100902
29Section 08, William H. Walton, IIIDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 243,500. Filing ↗machine: t118 · r11 · c5 · span 1099299–1099306
30Section 08, Julie G. RichardsonDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 210,038. Filing ↗machine: t118 · r10 · c5 · span 1097898–1097905
31Section 08, Carol B. EinigerDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 42,610. Filing ↗machine: t118 · r4 · c1 · span 1088604–1088610
32Section 08, Owen ThomasDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 0. Filing ↗
33Section 08, Douglas LindeDEF 14A2026-04-100001037540-26-000010Section “Director Compensation”. As printed: 0. Filing ↗
34Section 02, Peter Otteni V 2026-05-15Form 42026-05-180001862920-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Peter Otteni V 2026-05-15Form 42026-05-180001862920-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Peter Otteni V 2026-05-15Form 42026-05-180001862920-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Peter Otteni V 2026-05-15Form 42026-05-180001862920-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Peter Otteni V 2026-05-20Form 42026-05-200001862920-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Eric G. Kevorkian 2026-05-21Form 42026-05-260001931048-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Eric G. Kevorkian 2026-05-21Form 42026-05-260001931048-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Eric G. Kevorkian 2026-05-21Form 42026-05-260001931048-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Eric G. Kevorkian 2026-05-21Form 42026-05-260001931048-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Diane J. Hoskins 2026-05-29Form 42026-06-020001522588-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Matthew J. Lustig 2026-05-29Form 42026-06-020001203367-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, William H. Walton, III 2026-05-29Form 42026-06-020001058795-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Mary E. Kipp 2026-05-29Form 42026-06-020001478538-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Julie G. Richardson 2026-05-29Form 42026-06-020001466857-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Bruce W. Duncan 2026-05-29Form 42026-06-020001105577-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Derek Anthony (Tony) West 2026-05-29Form 42026-06-020001626201-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Joel I. Klein 2026-05-29Form 42026-06-020001166832-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Timothy J. Naughton 2026-05-29Form 42026-06-020001219700-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Derek Anthony (Tony) West 2026-05-29Form 42026-06-020001626201-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Michael LaBelle 2026-06-04Form 42026-06-040001419045-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Michael LaBelle 2026-06-04Form 42026-06-040001419045-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Michael LaBelle 2026-06-04Form 42026-06-040001419045-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Michael LaBelle 2026-06-04Form 42026-06-040001419045-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael LaBelle 2026-06-09Form 42026-06-100001419045-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Michael LaBelle 2026-06-09Form 42026-06-100001419045-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Julie G. Richardson 2026-06-30Form 42026-07-010001466857-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Mary E. Kipp 2026-06-30Form 42026-07-010001478538-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Derek Anthony (Tony) West 2026-06-30Form 42026-07-010001626201-26-000017Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Joel I. Klein 2026-06-30Form 42026-07-010001166832-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Matthew J. Lustig 2026-06-30Form 42026-07-010001203367-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, William H. Walton, III 2026-06-30Form 42026-07-010001058795-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Bruce W. Duncan 2026-06-30Form 42026-07-010001105577-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
66Section 06, 2026 voteForm 8-K2026-05-220001037540-26-000022Item 5.07 · say-on-pay result. As reported: 68.8% (votes for as printed: 98,180,094). Filing ↗
67Section 06, 2025 voteForm 8-K2025-05-200001656423-25-000037Item 5.07 · say-on-pay result. As reported: 88.09% (votes for as printed: 123,529,793). Filing ↗
68Section 06, 2024 voteForm 8-K2024-05-240001656423-24-000030Item 5.07 · say-on-pay result. As reported: 67.05% (votes for as printed: 92,860,514). Filing ↗
69Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
70Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
71Section 09b board cost (computed)ComputedcomputedCash 1,043,063 + equity 1,377,750 + all other 0 = 2,420,813, summed across the director compensation table rows.machine: formula: Σ = 2,420,813
72BXP, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc.'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
73SL Green Realty Corp., Section 10b CEO totalDEF 14A2026-04-220001104659-26-046866CEO total compensation as printed in SL Green Realty Corp.'s own proxy. As printed: 17,356,826. Filing ↗machine: span 1592570–1592580
74Empire State Realty Trust, Section 10b CEO totalDEF 14A2026-04-020001104659-26-038890CEO total compensation as printed in Empire State Realty Trust's own proxy. As printed: 12,669,394. Filing ↗machine: r1 · c18 · span 1693420–1693430
75Douglas Emmett, Inc., Section 10b CEO totalDEF 14A2026-04-170001364250-26-000020CEO total compensation as printed in Douglas Emmett, Inc.'s own proxy. As printed: 9,012,069. Filing ↗machine: span 506518–506527
76Kilroy Realty Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149727CEO total compensation as printed in Kilroy Realty Corporation's own proxy. As printed: 7,072,527. Filing ↗machine: r4 · c27 · span 996331–996340
77Vornado Realty Trust, Section 10b CEO totalDEF 14A2026-04-070001104659-26-040386CEO total compensation as printed in Vornado Realty Trust's own proxy. As printed: 3,135,628. Filing ↗machine: t140 · r1 · c54 · span 1243172–1243181
78Hudson Pacific Properties, Inc., Section 10b CEO totalDEF 14A2026-04-230001104659-26-047885CEO total compensation as printed in Hudson Pacific Properties, Inc.'s own proxy. As printed: 2,766,883. Filing ↗machine: t204 · r7 · c14 · span 1248681–1248690
79Section 10a, Hudson Pacific Properties, Inc. reciprocityDEF 14A0001104659-26-047885Hudson Pacific Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include BXP, Inc.. Filing ↗
80Section 10a, SL Green Realty Corp. reciprocityDEF 14A0001104659-26-046866SL Green Realty Corp.'s most recent proxy was read; its disclosed peer group does not include BXP, Inc.. Filing ↗
81Section 10a, Douglas Emmett, Inc. reciprocityDEF 14A0001364250-26-000020Douglas Emmett, Inc. names BXP, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
82Section 10a, Kilroy Realty Corporation reciprocityDEF 14A0001193125-26-149727Kilroy Realty Corporation names BXP, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
83Section 10a, Vornado Realty Trust reciprocityDEF 14A0001104659-26-040386Vornado Realty Trust names BXP, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗