Blackstone Mortgage Trust director acquires 6,428 shares
The dividend-linked units were calculated using a $0.47 per-share dividend and convert into common stock one-for-one.
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Rhea-AI Filing Summary
Lynne B. Sagalyn, a director of Blackstone Mortgage Trust, Inc. (BXMT), acquired 6,428 shares of Class A common stock on October 15, 2026, at a reported $10.78 per share. The acquisition reflects Class A Common Stock Units received in lieu of dividends on units she owned; those units convert into shares one-for-one. Her reported direct holdings after the transaction were 173,067 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 6,428 | $10.78 | $69K |
Footnotes (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
Key Terms
Class A Common Stock Units financial
in lieu of dividends financial
one-for-one basis financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.