Blackstone Digital (BXDC) director buys 5,000 shares and receives 7,500 restricted

Rhea-AI Filing Summary

Blackstone Digital Infrastructure Trust Inc. director Diane M. Morefield increased her stake in BXDC through both a purchase and an equity award. She bought 5,000 shares of common stock in an open-market transaction at $20.00 per share, bringing the direct holdings reported in that transaction line to 12,500 shares. She also received 7,500 shares of restricted common stock under the company’s Stock Incentive Plan, which will vest on the first anniversary of the grant date. The filing notes that the purchased 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 2 txns

Insider Morefield Diane M

Role null

Bought 5,000 shs ($100K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,500	$0.00	--
Purchase	Common Stock	5,000	$20.00	$100K

Holdings After Transaction: Common Stock — 7,500 shares (Direct, null)

Footnotes (1)

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 first anniversary of the grant date. Shares were acquired in a directed share program in connection with the Issuer's initial public offering.

Key Figures

Open-market purchase: 5,000 shares Purchase price: $20.00 per share Shares after purchase line: 12,500 shares +3 more

6 metrics

Open-market purchase 5,000 shares Common Stock bought in open market on May 15, 2026

Purchase price $20.00 per share Price for 5,000-share common stock purchase

Shares after purchase line 12,500 shares Direct holdings reported following the purchase transaction

Restricted stock grant 7,500 shares Restricted common stock under Stock Incentive Plan

Grant vesting schedule 1-year cliff Restricted shares vest on first anniversary of grant date

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

Key Terms

restricted common stock, Stock Incentive Plan, directed share program, initial public offering, +1 more

5 terms

restricted common stock financial

"Represents shares of restricted common stock of the Issuer (the "Restricted Shares") granted pursuant to the Issuer's Stock Incentive Plan."

Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.

Stock Incentive Plan financial

"granted pursuant to the Issuer's Stock Incentive Plan. The Restricted Shares will vest on the first anniversary of the grant date."

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.

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

"directed share program 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.

restricted Shares financial

"The Restricted Shares will vest on the first anniversary of the grant date."

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.

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^*

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)

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

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		A		7,500(1)	A	$0	7,500	D
Common Stock	05/15/2026		P(2)		5,000	A	$20	12,500	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. 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 first anniversary of the grant date.

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

	/s/ Rory Mouat, 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 transactions did BXDC director Diane M. Morefield report on this Form 4?

Diane M. Morefield reported two transactions: an open-market purchase of 5,000 shares of Blackstone Digital Infrastructure Trust common stock and a grant of 7,500 restricted shares under the company’s Stock Incentive Plan, both dated May 15, 2026.

How many BXDC shares did Diane M. Morefield buy and at what price?

She bought 5,000 shares of Blackstone Digital Infrastructure Trust Inc. common stock at $20.00 per share. This open-market transaction increased the direct holdings reported in that line to 12,500 shares, reflecting a net-buy direction in the filing’s transaction summary.

What are the terms of the 7,500 restricted BXDC shares granted to Diane M. Morefield?

Morefield received 7,500 shares of restricted common stock granted under Blackstone Digital Infrastructure Trust’s Stock Incentive Plan. According to the filing, these restricted shares will fully vest on the first anniversary of the grant date, subject to the plan’s standard conditions.

How were the purchased BXDC shares acquired according to the Form 4 footnotes?

The Form 4 states that the purchased shares were acquired in a directed share program in connection with Blackstone Digital Infrastructure Trust Inc.’s initial public offering, indicating participation in a special allocation associated with the IPO rather than a typical secondary-market trade.

Does the Form 4 for BXDC show any derivative securities for Diane M. Morefield?

No derivative securities are listed for Diane M. Morefield in this Form 4. The derivative summary section is empty, and all reported transactions involve non-derivative common stock, including an open-market purchase and a restricted stock grant.