Blackstone Digital director granted 7,500 shares

Bartlett Thomas A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bartlett Thomas A reported acquisition or exercise transactions in this Form 4 filing.

Blackstone Digital Infrastructure Trust Inc. director Thomas A. Bartlett reported an equity compensation grant of 7,500 shares of common stock. The shares were granted at a price of $0.00 per share as restricted common stock under the company’s Stock Incentive Plan and will vest on the first anniversary of the grant date. After this award, Bartlett directly holds 7,500 shares.

Insider Trade Summary

Grant/Award: 7,500 shares

Grant/Award 1 txn

Insider Bartlett Thomas A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,500	$0.00	$0.00

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

Footnotes (1)

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 first anniversary of the grant date.

Key Figures

Restricted stock grant: 7,500 shares Grant price: $0.00 per share Holdings after grant: 7,500 shares

3 metrics

Restricted stock grant 7,500 shares Common Stock awarded to director Thomas A. Bartlett

Grant price $0.00 per share Equity compensation, not an open-market purchase

Holdings after grant 7,500 shares Total direct holdings following the reported award

Key Terms

restricted common stock, Stock Incentive Plan, vest

3 terms

restricted common stock financial

"Represents shares of restricted common stock of the Issuer (the "Restricted Shares") granted pursuant..."

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

"...Restricted Shares 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 first anniversary of the grant date."

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Bartlett Thomas A report at BXDC?

Bartlett Thomas A reported receiving 7,500 shares of Blackstone Digital Infrastructure Trust common stock as a stock award. The shares are restricted and were granted at $0.00 per share as compensation under the company’s Stock Incentive Plan, not as an open-market purchase.

Is the BXDC insider transaction a stock purchase or an award?

The BXDC transaction is a stock award, not a purchase. Director Thomas A. Bartlett received 7,500 restricted shares of common stock at $0.00 per share, granted under the company’s Stock Incentive Plan as equity compensation rather than an open-market buy.

How many BXDC shares does Bartlett hold after this Form 4 transaction?

After the reported transaction, Thomas A. Bartlett holds 7,500 shares of Blackstone Digital Infrastructure Trust common stock. All these shares come from the single restricted stock grant reported, and are subject to vesting conditions described in the award footnote.

When do Bartlett’s restricted BXDC shares vest?

The restricted BXDC shares granted to Thomas A. Bartlett vest on the first anniversary of the grant date. Until that vesting date, the 7,500 restricted shares remain subject to the terms and conditions of Blackstone Digital Infrastructure Trust’s Stock Incentive Plan.

What is the significance of the $0.00 price on Bartlett’s BXDC grant?

The $0.00 price indicates the 7,500 BXDC shares were granted as equity compensation, not purchased in the market. This reflects a restricted stock award under the company’s Stock Incentive Plan, where the economic value comes from the shares themselves, subject to vesting.

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

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Accepted by SEC EDGAR 05/19/2026 - 04:30 PM Learn about SEC filing dates

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^*

Bartlett Thomas A

(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

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.

	/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)