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Blackstone Digital Infrastructure (BXDC) awards 9,699 restricted shares to director

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Morefield Diane M reported acquisition or exercise transactions in this Form 4 filing.

Blackstone Digital Infrastructure Trust Inc. reported that director Diane M. Morefield received a grant of 9,699 shares of restricted common stock under the company’s Stock Incentive Plan. These Restricted Shares vest on the date of the company’s 2027 annual meeting, conditional on her continued board service, bringing her total direct holdings to 22,199 shares, including unvested Restricted Shares.

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Insider Morefield Diane M
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 9,699 $0.00 $0.00
Holdings After Transaction: Common Stock — 22,199 shares (Direct)
Footnotes (2)
  1. F1. Represents shares of restricted common stock of the Issuer (the "Restricted Shares") granted pursuant to the Issuer's Stock Incentive Plan. The Restricted Shares will vest on the date of the Issuer's 2027 annual meeting, subject to Reporting Person's continued service as a director on such vesting date.
  2. F2. Includes unvested Restricted Shares.
Restricted Shares granted 9,699 shares Grant of restricted common stock to director on 2026-08-13
Price per share $0.00 Award price for restricted common stock grant
Shares owned after transaction 22,199 shares Total direct holdings after grant, including unvested Restricted Shares
Vesting event 2027 annual meeting Restricted Shares vest on the date of the 2027 annual meeting
Restricted Shares financial
"Represents shares of restricted common stock of the Issuer (the "Restricted Shares") granted"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Stock Incentive Plan financial
"Restricted Shares of the Issuer granted pursuant to the Issuer's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
vest financial
"The Restricted Shares will vest on the date of the Issuer's 2027 annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What transaction did director Diane M. Morefield report on Form 4 for BXDC?

Director Diane M. Morefield reported a grant of 9,699 shares of restricted common stock of Blackstone Digital Infrastructure Trust Inc. These were awarded under the Stock Incentive Plan at $0.00 per share as a compensation grant.

How many BXDC shares does Diane M. Morefield hold after this Form 4 transaction?

After the reported grant, Diane M. Morefield beneficially holds 22,199 shares of Blackstone Digital Infrastructure Trust Inc. common stock. This figure includes unvested Restricted Shares as noted in the filing footnotes.

When do the restricted BXDC shares granted to Diane M. Morefield vest?

The 9,699 Restricted Shares granted to Diane M. Morefield will vest on the date of Blackstone Digital Infrastructure Trust Inc.’s 2027 annual meeting, provided she continues to serve as a director through that vesting date.

What is the nature of the BXDC shares granted to Diane M. Morefield?

The award consists of restricted common stock of Blackstone Digital Infrastructure Trust Inc. granted under its Stock Incentive Plan. These Restricted Shares are subject to vesting conditions tied to continued board service until the 2027 annual meeting.

Was the BXDC Form 4 transaction a market purchase or a compensation grant?

The BXDC Form 4 reflects a compensation-related grant, not a market purchase. The 9,699 shares of restricted common stock were awarded at $0.00 per share as a director equity grant under the company’s Stock Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Morefield Diane M

(Last)(First)(Middle)
C/O BLACKSTONE DIGITAL INFRASTRUCTURE
TRUST INC., 345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Blackstone Digital Infrastructure Trust Inc. [ BXDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/13/2026A9,699(1)A$022,199(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted common stock of the Issuer (the "Restricted Shares") granted pursuant to the Issuer's Stock Incentive Plan. The Restricted Shares will vest on the date of the Issuer's 2027 annual meeting, subject to Reporting Person's continued service as a director on such vesting date.
2. Includes unvested Restricted Shares.
/s/ Rory Mouat, Attorney-In-Fact08/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)