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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,300 | $19.50 | $64K |
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 January 15, 2026 by (2) the closing price of the Company's Class A Common Stock on January 15, 2026.
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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").
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.