Blackstone Inc. (NYSE: BX) CLO granted 14,959 deferred restricted shares

Rhea-AI Filing Summary

Blackstone Inc.’s Chief Legal Officer, Finley John G, reported an award of 14,959 shares of common stock on January 12, 2026 at a price of $0 per share. These are deferred restricted shares granted under the Amended and Restated 2007 Equity Incentive Plan and will vest over three years, with 4,987 shares vesting on January 1, 2027, 4,986 shares on January 1, 2028, and 4,986 shares on January 1, 2029, subject to his continued employment.

After this grant, Finley directly holds 468,795 shares of Blackstone common stock. Additional indirect holdings are reported through related entities, including a limited liability company and several family trusts, which together hold 22,523, 11,000, 2,000 and 2,000 shares respectively. The filing notes that he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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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^*

Finley John G

(Last) (First) (Middle)

C/O BLACKSTONE INC.

345 PARK AVENUE

(Street)

NEW YORK NY 10154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Blackstone Inc. [ BX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/12/2026		A(1)		14,959	A	$0	468,795	D
Common Stock								22,523	I	See footnote(2)
Common Stock								11,000	I	See footnote(3)
Common Stock								2,000	I	See footnote(4)
Common Stock								2,000	I	See footnote(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest ratably over a three-year period, with 4,987 shares vesting on January 1, 2027, 4,986 shares vesting on January 1, 2028, and 4,986 shares vesting on January 1, 2029, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted shares vest, the underlying shares will be delivered to the Reporting Person. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.

2. These shares are held by a limited liability company, of which the Reporting Person is the manager.

3. These shares are held by a trust for the benefit of the Reporting Person and his family members, of which the Reporting Person is a trustee.

4. These shares are held by a trust for the benefit of the Reporting Person's spouse and her family members, of which the Reporting Person is a trustee.

5. These shares are held by a trust for the benefit of the Reporting Person's spouse, of which the Reporting Person's spouse is the trustee.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest therein.

	Victoria Portnoy as Attorney-In-Fact	01/14/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What did Blackstone Inc. (BX) disclose in this Form 4 for Finley John G?

The filing reports that Finley John G, Chief Legal Officer of Blackstone Inc., received an award of 14,959 shares of common stock on January 12, 2026 as deferred restricted shares under the company’s equity incentive plan.

What is the size and price of the equity award to Blackstone’s Chief Legal Officer?

The Chief Legal Officer was granted 14,959 deferred restricted shares of Blackstone common stock at a price of $0 per share, reflecting an equity compensation award rather than an open-market purchase.

How do the deferred restricted shares granted to Finley John G vest?

The deferred restricted shares vest ratably over three years: 4,987 shares on January 1, 2027, 4,986 shares on January 1, 2028, and 4,986 shares on January 1, 2029, subject to his continued employment with Blackstone.

How many Blackstone shares does Finley John G hold after this reported transaction?

Following the grant, he directly holds 468,795 shares of Blackstone common stock. The filing also lists additional indirect holdings through a limited liability company and several family trusts.

What indirect holdings of Blackstone stock are associated with entities related to Finley John G?

Entities associated with him include a limited liability company and three family trusts, which together hold 22,523, 11,000, 2,000 and 2,000 Blackstone common shares, as described in the footnotes.

Does Finley John G fully claim beneficial ownership of all reported Blackstone shares?

No. The filing states that he disclaims beneficial ownership of the securities reported on the form except to the extent of his pecuniary interest in them, particularly for shares held through the LLC and family trusts.

Under which plan were the restricted shares to Blackstone’s CLO granted and can they be delivered earlier?

The award was granted under Blackstone’s Amended and Restated 2007 Equity Incentive Plan. While shares are scheduled to vest over three years, the footnote states they may be delivered earlier upon a change in control of Blackstone.