secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001656423-23-000016
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXP Senior EVP Ray Ritchey transitions to part-time role through Dec 2023
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- Ritchey will devote ~50% of business time to BXP through Dec 31, 2023; no automatic renewal.
- Annual base salary of $750,000; target 2023 bonus of $1,650,000, subject to Compensation Committee discretion.
- Ceases to be covered under Senior Executive Severance Plan; severance terms modified for without-Cause or Good Reason termination.
- Will continue to support BXP's Washington DC, Los Angeles, and Seattle regional businesses and coordinate leasing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000016/0001656423-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000016/bxp-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001656423-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer