Blackstone Mortgage Trust (BXMT) Form 144 Notice for 398 Shares

Rhea-AI Filing Summary

Blackstone Mortgage Trust, Inc. (BXMT) reported a Form 144 notice for the proposed sale of 398 Class A common shares through Merrill Lynch on the NYSE, with an aggregate market value of $7,761. The shares were acquired on 09/16/2025 upon vesting of a restricted stock unit award granted by the issuer and the planned sale date is 09/17/2025. The filing lists 171,578,766 shares outstanding. The filer represents no material nonpublic information and notes no securities sold in the past three months for the account. This Form 144 documents an insider sale following equity compensation vesting and provides broker and transaction details as required for Rule 144 disclosure.

Positive

• Transparent disclosure of an insider sale with broker, acquisition date, and sale date included
• No prior sales in the past three months reported for the account, simplifying aggregation requirements
• Securities acquired via RSU vesting, and the filing includes the nature of acquisition and payment

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine small-scale insider sale of vested equity; minimal market or valuation impact given size relative to outstanding shares.

The filing discloses a planned sale of 398 shares valued at $7,761, acquired through RSU vesting one day prior to the scheduled sale. As disclosed, there were no other sales in the prior three months and the trade will be executed via a major broker on the NYSE. From a market-impact perspective, the quantity is immaterial versus the 171.6 million shares outstanding, so this event should not affect liquidity or company valuation. The filing meets Rule 144 procedural requirements, including the insider's attestation regarding material nonpublic information.

Corporate Governance Expert

TL;DR: Proper disclosure of an equity-compensation-related sale; demonstrates compliance with insider-trading and reporting rules.

The notice indicates the securities were granted as part of issuer equity compensation and sold via Merrill Lynch. The signer affirms absence of undisclosed material information and no aggregated sales in the prior three months are reported. This follows expected governance practices for insiders disposing of vested awards and provides transparency to shareholders. There is no indication of a Rule 10b5-1 plan or other trading plan in the filing text provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A common stock	Merrill Lynch 225 Liberty St Floor 37 New York NY 10281	398	7761.00	171578766	09/17/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A common stock	09/16/2025	Vesting of restricted stock unit award	BLACKSTONE MORTGAGE TRUST, INC.			398	09/16/2025	Granted as part of issuer equity compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did BXMT report on Form 144?

The filing reports a proposed sale of 398 Class A common shares of BXMT with an aggregate market value of $7,761.

When were the shares acquired and when is the planned sale date?

The shares were acquired on 09/16/2025 upon vesting of restricted stock units and the approximate sale date is 09/17/2025.

Through which broker will the BXMT shares be sold?

The filing lists Merrill Lynch as the broker for the proposed sale on the NYSE.

Were there any other BXMT securities sold by this person in the past three months?

The Form 144 indicates Nothing to Report for securities sold during the past three months.

How large is the planned sale relative to BXMT outstanding shares?

The planned sale of 398 shares is small compared with the 171,578,766 shares outstanding reported in the filing.