Blackstone Mortgage president sells 1,127 shares

Q: What was the purpose of Fernando Austin Pena’s BXMT share sale?

The filing states the sale was to satisfy tax withholding related obligations in connection with the vesting of previously granted restricted stock awards of BLACKSTONE MORTGAGE TRUST, INC.

BXMT’s president executed a small, pre-planned share sale to cover tax-withholding obligations tied to vesting restricted stock awards.

Available on EDGAR 09/18/2026 - 05:32 PM EDT Accepted by SEC EDGAR 09/18/2026 - 05:31 PM EDT

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Form Type

Rhea-AI Filing Summary

BLACKSTONE MORTGAGE TRUST, INC. (BXMT) reported that President and director Fernando Austin Pena sold 1,127 shares of Class A common stock on September 17, 2026 at an average price of $13.4241 per share. The sale was made under a Rule 10b5-1 trading plan adopted on March 26, 2026 to satisfy tax withholding obligations from vesting restricted stock awards, leaving him with 71,772 shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 1,127 shares

Net Sell 1 txn

Insider Pena Fernando Austin

Role President

Sold 1,127 shs ($15K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock ^F1	1,127	$13.4241	$15K

Holdings After Transaction: Class A Common Stock — 71,772 shares (Direct)

Footnotes (1)

F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.

Key Figures

Shares sold: 1,127 shares Sale price per share: $13.4241 per share Shares held after transaction: 71,772 shares +2 more

5 metrics

Shares sold 1,127 shares Class A common stock sold by Fernando Austin Pena on September 17, 2026

Sale price per share $13.4241 per share Average price for the 1,127 BXMT shares sold on September 17, 2026

Shares held after transaction 71,772 shares Direct holdings of Fernando Austin Pena after the reported sale

Net shares sold 1,127 shares Net change in non-derivative holdings reported in this Form 4

Rule 10b5-1 plan adoption date March 26, 2026 Date the trading plan governing the reported sale was adopted

Key Terms

Rule 10b5-1 trading plan, tax withholding related obligations, restricted stock awards

3 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

restricted stock awards financial

"in connection with the vesting of previously granted restricted stock awards"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

FAQ

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

What insider transaction did BXMT disclose for Fernando Austin Pena?

BXMT disclosed that President and director Fernando Austin Pena sold 1,127 shares of Class A common stock on September 17, 2026 at an average price of $13.4241 per share, under a Rule 10b5-1 trading plan.

How many BXMT shares does Fernando Austin Pena hold after this Form 4 transaction?

After the reported sale, Fernando Austin Pena directly holds 71,772 shares of BLACKSTONE MORTGAGE TRUST, INC. Class A common stock, according to the Form 4 filing.

Was the BXMT insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026, indicating they were pre-arranged under that plan.

What price did the BXMT shares sell for in this Form 4 transaction?

The reported sale of BLACKSTONE MORTGAGE TRUST, INC. Class A common stock was at an average price of $13.4241 per share for the 1,127 shares sold on September 17, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Pena Fernando Austin

(Last)

(First)

(Middle)

C/O BLACKSTONE MORTGAGE TRUST

345 PARK AVENUE

(Street)

NEW YORK

10154

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLACKSTONE MORTGAGE TRUST, INC. [ BXMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/17/2026		S		1,127⁽¹⁾	D	$13.4241	71,772	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.

Remarks:

	/s/ Marcin Urbaszek, Attorney-In-Fact	09/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR