Blackstone Mortgage director awarded dividend units

Blackstone Mortgage Trust, Inc. director Nnenna Lynch received 1,147 Class A Common Stock Units on July 15, 2026 as a grant in lieu of cash dividends.

Rhea-AI Filing Summary

Blackstone Mortgage Trust, Inc. director Nnenna Lynch received 1,147 Class A Common Stock Units on July 15, 2026 as a grant in lieu of cash dividends. These units convert to Class A Common Stock on a one-for-one basis and increased her direct holdings to 42,952 shares-equivalent.

Insider Trade Summary

Grant/Award: 1,147 shares

Grant/Award 1 txn

Insider Lynch Nnenna

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	1,147	$17.12	$20K

Holdings After Transaction: Class A Common Stock — 42,952 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 July 15, 2026 by (2) the closing price of the Company's Class A Common Stock on July 15, 2026.

Key Figures

Units granted: 1,147 Class A Common Stock Units Reference price: $17.12 per share Dividend amount: $0.47 per share +1 more

4 metrics

Units granted 1,147 Class A Common Stock Units Grant in lieu of cash dividends on July 15, 2026

Reference price $17.12 per share Closing price of Class A Common Stock on July 15, 2026

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

Post-transaction holdings 42,952 shares Total Class A Common Stock held directly after the grant

Key Terms

Class A Common Stock Units, in lieu of dividends, closing price

3 terms

Class A Common Stock Units financial

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

in lieu of dividends financial

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

closing price financial

"divided by the closing price of the Company's Class A Common Stock"

FAQ

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

What insider transaction did Nnenna Lynch report for BXMT?

Director Nnenna Lynch reported an acquisition of 1,147 Class A Common Stock Units. These units were granted in lieu of cash dividends and convert into Class A Common Stock on a one-for-one basis, increasing her direct ownership position in Blackstone Mortgage Trust.

How many BXMT units did Nnenna Lynch receive and at what reference price?

She received 1,147 Class A Common Stock Units, calculated using a $17.12 per share closing price. That price was the closing market price of Blackstone Mortgage Trust’s Class A Common Stock on July 15, 2026, the dividend payment date.

What are Nnenna Lynch’s total BXMT holdings after this Form 4 transaction?

Following the grant, Nnenna Lynch directly holds 42,952 shares or share-equivalent units of Blackstone Mortgage Trust. This total includes the newly issued dividend-equivalent units that convert into Class A Common Stock on a one-for-one basis.

How were the 1,147 BXMT Class A Common Stock Units calculated?

The units were calculated by multiplying her existing Class A Common Stock Units by the $0.47 per share dividend, then dividing that product by the $17.12 closing price of Blackstone Mortgage Trust Class A Common Stock on July 15, 2026.

Is Nnenna Lynch’s BXMT Form 4 an open-market stock purchase?

No. The filing reflects a grant of dividend-equivalent units, not an open-market purchase. The units were issued in lieu of cash dividends and are based on the stock’s closing price, then convert into Class A Common Stock one-for-one.

What does one-for-one conversion mean for BXMT Class A Common Stock Units?

One-for-one conversion means each Class A Common Stock Unit turns into one share of Class A Common Stock. For Nnenna Lynch, her 1,147 newly granted units will provide an equal number of BXMT shares when they convert.

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

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Accepted by SEC EDGAR 07/16/2026 - 08:15 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^*

Lynch Nnenna

(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)
07/15/2026

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	07/15/2026		A		1,147(1)	A	$17.12	42,952	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 July 15, 2026 by (2) the closing price of the Company's Class A Common Stock on July 15, 2026.

Remarks:

	/s/ Marcin Urbaszek, Attorney-In-Fact	07/16/2026
	** 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)