Blackstone Mortgage Trust 144 Notice: 506 RSU Shares to Be Sold on NYSE
Rhea-AI Filing Summary
Form 144 notice for Blackstone Mortgage Trust, Inc. (BXMT) reports a proposed sale of 506 shares of Class A common stock with an aggregate market value of $9,748.09, intended for sale on 09/02/2025 on the NYSE. The securities were acquired on 08/29/2025 by vesting of a restricted stock unit award granted by Blackstone Mortgage Trust, Inc., and were granted as part of issuer equity compensation.
The filing also discloses a sale by the same person during the past three months: 1,517 shares sold on 06/17/2025 generating $29,133.39, with the seller identified as Anthony Marone. The filer represents compliance with Rule 144 and attests to not possessing undisclosed material adverse information.
Positive
- Clear compliance disclosure of acquisition date, nature of acquisition, broker details, and planned sale under Rule 144
- Securities originated from equity compensation (RSU vesting), which explains the source of the shares
Negative
- Insider sales reported including 1,517 shares sold on 06/17/2025, which may attract investor attention despite being small
- No 10b5-1 plan date provided in the visible fields, so trading-plan reliance is not documented here
Insights
TL;DR Routine Rule 144 filing showing RSU vesting and planned sale; disclosure aligns with standard insider reporting requirements.
The filing documents a proposed sale under Rule 144 of 506 Class A shares acquired through vesting of restricted stock units on 08/29/2025, with sale planned for 09/02/2025 on the NYSE. It also reports a prior sale of 1,517 shares on 06/17/2025 by Anthony Marone. From a compliance perspective, the form contains the key elements required by Rule 144: acquisition date, nature of acquisition, broker information, number of shares, aggregate market value, and recent sales history. The attestation regarding material nonpublic information is present as required. No 10b5-1 trading plan date is provided in the visible fields.
TL;DR Small insider sale relative to outstanding shares; unlikely to be material to BXMT share supply or valuation.
The amount disclosed for proposed sale (506 shares, $9,748.09) is negligible versus reported outstanding shares of 171,578,766, and a prior three-month sale of 1,517 shares produced $29,133.39. These quantities are immaterial in absolute terms and relative to the issuer's outstanding float, indicating limited market impact. The transactions arise from equity compensation vesting, which is a routine source of insider share disposals. No earnings or operational data are provided in this filing to affect valuation analysis.