Blackstone Mortgage Trust (BXMT) Form 144 Filed for 2,315-Share Sale
Rhea-AI Filing Summary
Blackstone Mortgage Trust, Inc. (BXMT) notice reports a proposed sale under Rule 144 of 2,315 shares of Class A common stock through Merrill Lynch on the NYSE, with an aggregate market value of $44,572.14 and an approximate sale date of 09/02/2025. The shares were acquired by the filer on 08/29/2025 upon vesting of a restricted stock unit award granted by the issuer as equity compensation.
The filing also discloses a prior sale by the same account: 6,931 Class A shares sold on 06/17/2025 for $132,601.13. The filer affirms no undisclosed material adverse information and the notice follows Rule 144 disclosure requirements.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider equity compensation vested and a small Rule 144 sale planned; prior small sale disclosed.
The filing documents a routine Rule 144 sale of 2,315 vested RSU shares valued at $44,572.14 and discloses a prior sale of 6,931 shares for $132,601.13. Both transactions are explicitly tied to equity compensation and secondary market sales and are presented as compliance with disclosure rules. The absolute dollar amounts are modest relative to typical market-capitalization metrics for a REIT like BXMT, suggesting limited market impact. The representation that no material nonpublic information exists is included, consistent with standard certifications on Form 144.
TL;DR: Filing is a standard regulatory disclosure showing vested compensation and subsequent sales; governance controls appear followed.
The notice indicates the 2,315 shares derive from RSU vesting and were to be sold through a broker on the NYSE, with prior sales within the past three months fully disclosed. The signature representation about absence of material nonpublic information mirrors required attestations for insider trades. From a governance perspective, the document shows procedural compliance with Rule 144 disclosure obligations; it does not, however, provide context on trading plans or internal blackout periods.