Blackstone Digital (BXDC) CIO buys 5,000 IPO shares at $20

Rhea-AI Filing Summary

Blackstone Digital Infrastructure Trust Inc. Chief Investment Officer Michael John Forman bought 5,000 shares of Common Stock in an open-market purchase at $20.00 per share. Following this transaction, he directly holds 5,000 shares. The shares were acquired through a directed share program connected to the company’s initial public offering.

Insider Trade Summary

Net Buyer: 5,000 shares ($100,000)

Net Buy 1 txn

Insider Forman Michael John

Role Chief Investment Officer

Bought 5,000 shs ($100K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$20.00	$100K

Holdings After Transaction: Common Stock — 5,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 5,000 shares Purchase price: $20.00 per share Shares held after transaction: 5,000 shares +1 more

4 metrics

Shares purchased 5,000 shares Open-market purchase of Common Stock

Purchase price $20.00 per share Price for the 5,000-share transaction

Shares held after transaction 5,000 shares Total direct holdings following purchase

Net buy shares 5,000 shares Net buy direction in transaction summary

Key Terms

directed share program, initial public offering, open-market purchase, Common Stock

4 terms

directed share program financial

"Shares were acquired in a directed share program in connection with the Issuer's initial public offering."

initial public offering financial

"in connection with the Issuer's initial public offering."

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

open-market purchase financial

"transaction_action: "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.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Forman Michael John

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		P(1)		5,000	A	$20	5,000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were acquired in a directed share program in connection with the Issuer's initial public offering.

	/s/ Rory Mouat, as Attorney-in-Fact	05/19/2026
	** 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).
** 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)

FAQ

What insider transaction did BXDC Chief Investment Officer Michael John Forman report?

Michael John Forman reported buying 5,000 shares of Blackstone Digital Infrastructure Trust Inc. Common Stock. The purchase was an open-market transaction at $20.00 per share, linked to a directed share program in connection with the company’s initial public offering.

At what price did BXDC’s Chief Investment Officer buy company shares?

He bought the shares at $20.00 per share. The Form 4 notes this as the transaction price for the 5,000 Common Stock shares acquired, described as an open-market purchase under a directed share program tied to the initial public offering.

How many BXDC shares does Michael John Forman hold after this transaction?

After the transaction, Michael John Forman directly holds 5,000 shares of Blackstone Digital Infrastructure Trust Inc. Common Stock. The Form 4 lists this figure as the total shares following the reported open-market purchase on the transaction date.

What is a directed share program in the context of BXDC’s IPO transaction?

The filing states the shares were acquired in a directed share program connected to the initial public offering. This indicates the allocation occurred through a structured IPO-related program, rather than through a standard retail allocation process, for the officer’s 5,000-share purchase.

Was the BXDC insider transaction a buy or a sell?

The transaction was a buy. The Form 4 identifies it as an open-market purchase of 5,000 Common Stock shares, with the transaction code “P” and the direction field indicating a net-buy position after the reported activity.