# EDGAR Filing Document

**Accession Number:** 0001219153
**File Stem:** 0001219153-25-000004
**Filing Date:** 2025-11
**Character Count:** 8340
**Document Hash:** 60eb27643dee9ebc97908e1715d74961
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001219153-25-000004.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001219153-25-000004

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251126

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** RITCHEY RAYMOND A
- **CENTRAL INDEX KEY:** 0001219153

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13087
- **FILM NUMBER:** 251526014

**MAIL ADDRESS:**
- **STREET 1:** BXP, INC.
- **STREET 2:** 2200 PENNSYLVANIA AVE, NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20037
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BXP, Inc.
- **CENTRAL INDEX KEY:** 0001037540
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 042473675
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 800 BOYLSTON STREET
- **STREET 2:** SUITE 1900
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 6172363300

**MAIL ADDRESS:**
- **STREET 1:** 800 BOYLSTON STREET
- **STREET 2:** SUITE 1900
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BOSTON PROPERTIES INC
- **DATE OF NAME CHANGE:** 19970409

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>RITCHEY RAYMOND A<br><sub>(Last) (First) (Middle)</sub><br>C/O BXP<br>2200 PENNSYLVANIA AVENUE, NW<br><sub>(Street)</sub><br>WASHINGTON, DC 20037<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-11-26 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Senior EVP_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>BXP, Inc. [ BXP ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock, par value $0.01 | 2025-11-26 |  | C<sup>(1)</sup> |  | 36314 | A | <sup>(1)</sup> | 36314 | D |  |
| Common Stock, par value $0.01 |  |  |  |  |  |  |  | 14150 | I | By The Raymond A. Ritchey 2008 Family Trust |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| LTIP Units<sup>(2)</sup> | <sup>(2)</sup> | 2025-11-26 |  | C<sup>(1)</sup> |  |  | 36314 | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock, par value $0.01 | 36314 | $0.25 | 92585 | D |  |
| Common OP Units<sup>(3)</sup> | <sup>(3)</sup> | 2025-11-26 |  | C<sup>(1)</sup> |  | 36314 |  | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock, par value $0.01 | 36314 | <sup>(1)(3)</sup> | 125119 | D |  |
| Common OP Units<sup>(3)</sup> | <sup>(3)</sup> | 2025-11-26 |  | C<sup>(1)</sup> |  |  | 36314 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock, par value $0.01 | 36314 | <sup>(1)(3)</sup> | 88805 | D |  |
| Common OP Units<sup>(3)</sup> | <sup>(3)</sup> |  |  |  |  |  |  | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock, par value $0.01 | 10500 |  | 10500 | I | By The Raymond A. Ritchey 2020 Grantor Retained Annuity Trust, dated June 11, 2020 |
| Common OP Units<sup>(3)</sup> | <sup>(3)</sup> |  |  |  |  |  |  | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock, par value $0.01 | 17115 |  | 17115 | I | By The Raymond A. Ritchey 2008 Family Trust |

---

### Footnotes:

(1) 36,314 of the reporting person's units of limited partnership interest ("LTIP Units") in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, were converted into common units of limited partnership interest ("Common OP Units") in BPLP by the reporting person and the Common OP Units were redeemed for an equal number of shares of the Issuer's common stock in accordance with BPLP's Partnership Agreement.

(2) Represents LTIP Units in BPLP issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of BPLP or the holder, into a Common OP Unit. Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of the Issuer's Common Stock.  LTIP Units have no expiration date.

(3) Represents Common OP Units in BPLP.  Each Common OP Unit may be presented for redemption, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at it's election, acquire each Common OP Unit so presented for redemption for one share of Common Stock.  Common OP Units have no expiration date.

**Signature:** /s/ Kelli A. DiLuglio, as Attorney-in-Fact  
**Date:** 2025-11-26

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**