Blackstone Mortgage (NYSE: BXMT) director awarded 3,300 shares

Rhea-AI Filing Summary

Blackstone Mortgage Trust, Inc. director Lynne B. Sagalyn reported an acquisition of Class A Common Stock on January 15, 2026. She received 3,300 shares at a reference price of $19.50 per share, bringing her total directly held Class A Common Stock to 152,828 shares after the transaction. According to the footnote, these shares represent Class A Common Stock units received in lieu of cash dividends on units she already owned, and those units convert to Class A Common Stock on a one-for-one basis.

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

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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^*

SAGALYN LYNNE B

(Last) (First) (Middle)

C/O BLACKSTONE MORTGAGE TRUST

345 PARK AVENUE

(Street)

NEW YORK NY 10154

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/15/2026		A		3,300(1)	A	$19.5	152,828	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 January 15, 2026 by (2) the closing price of the Company's Class A Common Stock on January 15, 2026.

Remarks:

	/s/ Anthony F. Marone, Jr., Attorney-In-Fact	01/20/2026
	** 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.

FAQ

What insider transaction did BXMT director Lynne B. Sagalyn report?

Director Lynne B. Sagalyn reported acquiring 3,300 shares of Blackstone Mortgage Trust, Inc. Class A Common Stock on January 15, 2026, coded as an acquisition ("A").

At what price were the BXMT shares credited in this Form 4 filing?

The 3,300 Class A Common Stock shares were reported at a reference price of $19.50 per share in the Form 4.

How many BXMT shares does Lynne B. Sagalyn own after this transaction?

Following the reported transaction, Lynne B. Sagalyn beneficially owns 152,828 shares of Blackstone Mortgage Trust, Inc. Class A Common Stock directly.

What is the nature of the 3,300 BXMT shares acquired in this Form 4?

The 3,300 shares represent Class A Common Stock units received in lieu of dividends payable on existing units. These units convert into Class A Common Stock on a one-for-one basis.

Was this BXMT Form 4 transaction a direct or indirect holding for the director?

The Form 4 lists the ownership form for the shares as Direct (D), indicating the shares are held directly by Lynne B. Sagalyn.

What role does Lynne B. Sagalyn hold at Blackstone Mortgage Trust (BXMT)?

Lynne B. Sagalyn is reported as a Director of Blackstone Mortgage Trust, Inc. and not as an officer or 10% owner in this filing.