Blackstone REIT (BSTT) asset chief buys Class I common stock
Rhea-AI Filing Summary
Blackstone Real Estate Income Trust, Inc. executive Robert G. Harper IV, Head of Asset Management, bought 2,438.566 shares of Class I Common Stock in an open-market purchase at $14.3527 per share. Following this transaction, he directly holds 571,090.637 shares, including shares acquired through the issuer's Distribution Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,438.566 shares
Net Buy
1 txn
Insider
Harper Robert G IV
Role
Head of Asset Management
Bought
2,438.566 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class I Common Stock | 2,438.566 | $14.3527 | $35K |
Holdings After Transaction:
Class I Common Stock — 571,090.637 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired through the Issuer's Distribution Reinvestment Plan.
Key Figures
Shares purchased: 2,438.566 shares
Purchase price: $14.3527 per share
Total shares after purchase: 571,090.637 shares
+1 more
4 metrics
Shares purchased
2,438.566 shares
Open-market purchase of Class I Common Stock
Purchase price
$14.3527 per share
Price for the reported open-market transaction
Total shares after purchase
571,090.637 shares
Direct holdings following the transaction
Net buy shares
2,438.566 shares
Net change in position from this Form 4
Key Terms
Class I Common Stock, open-market purchase, Distribution Reinvestment Plan
3 terms
Class I Common Stock financial
"The transaction involved Class I Common Stock of the issuer."
open-market purchase financial
"The filing describes the trade as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Distribution Reinvestment Plan financial
"Holdings include shares acquired through the issuer's Distribution Reinvestment Plan."
An automatic program that uses cash distributions—such as dividends or other payouts—from a stock or fund to buy additional shares of the same security instead of handing out cash to the investor. Think of it like using store credit you’d otherwise pocket to buy more items: it makes your holding grow over time without you having to manually reinvest, which can compound returns, reduce transaction costs and change the timing of taxable income.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Blackstone Real Estate Income Trust (BSTT) report?
Blackstone Real Estate Income Trust reported an insider open-market purchase by executive Robert G. Harper IV. He acquired 2,438.566 Class I Common shares at $14.3527 each, increasing his direct holdings to 571,090.637 shares.
What is Robert G. Harper IV’s total Blackstone Real Estate Income Trust (BSTT) stake after the trade?
After the reported trade, Robert G. Harper IV directly holds 571,090.637 shares of Blackstone Real Estate Income Trust Class I Common Stock. This total includes shares acquired through the issuer’s Distribution Reinvestment Plan, according to the filing footnote.
Does the Blackstone Real Estate Income Trust (BSTT) filing mention a Distribution Reinvestment Plan?
Yes. The filing notes that Harper’s reported holdings include shares acquired through the issuer’s Distribution Reinvestment Plan. This indicates some shares were accumulated automatically by reinvesting distributions rather than only through open-market purchases.