Blackstone Mortgage Trust director acquires 295 shares

The dividend-equivalent units convert into Class A Common Stock on a one-for-one basis.

Rhea-AI Filing Summary

Blackstone Mortgage Trust, Inc. director Chen Yi Hsu acquired 295 shares of Class A Common Stock on October 15, 2026, represented by Class A Common Stock Units issued in lieu of dividends on owned units. The units convert to shares on a one-for-one basis and were calculated using the company’s $0.47-per-share dividend and a $10.78 closing price. Hsu’s direct holdings following the transaction were 11,326 shares.

Insider Trade Summary

Grant/Award: 295 shares

Grant/Award 1 txn

Insider Hsu Chen Yi

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	295	$10.78	$3K

Holdings After Transaction: Class A Common Stock — 11,326 shares (Direct)

Footnotes (1)

1. F1. Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.47 per share dollar amount of the Class A Common Stock dividend paid by the Company on October 15, 2026 by (2) the closing price of the Company's Class A Common Stock on October 15, 2026.

Key Figures

Class A Common Stock acquired: 295 shares Direct holdings after transaction: 11,326 shares Class A Common Stock dividend: $0.47 per share +1 more

4 metrics

Class A Common Stock acquired 295 shares October 15, 2026

Direct holdings after transaction 11,326 shares Following the October 15, 2026 transaction

Class A Common Stock dividend $0.47 per share Dividend paid October 15, 2026

Closing price used in calculation $10.78 per share October 15, 2026

Key Terms

Class A Common Stock Units, in lieu of dividends, one-for-one basis

3 terms

Class A Common Stock Units financial

"Represents Class A Common Stock Units in lieu of dividends"

in lieu of dividends financial

"Class A Common Stock Units in lieu of dividends payable"

one-for-one basis financial

"convert to shares of Class A Common Stock on a one-for-one basis"

FAQ

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How many BXMT shares did director Chen Yi Hsu acquire?

Chen Yi Hsu, a director, acquired 295 shares of Class A Common Stock on October 15, 2026, represented by Class A Common Stock Units issued in lieu of dividends. The units convert into shares on a one-for-one basis, and Hsu’s reported direct holdings after the transaction were 11,326 shares.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/16/2026 - 05:46 PM EDT Accepted by SEC EDGAR 10/16/2026 - 05:46 PM EDT 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^*

Hsu Chen Yi

(Last) (First) (Middle)

C/O BLACKSTONE MORTGAGE TRUST

345 PARK AVENUE

(Street)

NEW YORK 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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

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
Class A Common Stock	10/15/2026		A		295(1)	A	$10.78	11,326	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 Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.47 per share dollar amount of the Class A Common Stock dividend paid by the Company on October 15, 2026 by (2) the closing price of the Company's Class A Common Stock on October 15, 2026.

Remarks:

	/s/ Marcin Urbaszek, Attorney-In-Fact	10/16/2026
	** 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)