Blackstone Mortgage Trust (BXMT) CFO sells 1,352 shares in pre-set plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKSTONE MORTGAGE TRUST, INC. Chief Financial Officer Marcin Urbaszek reported an open-market sale of 1,352 shares of Class A Common Stock at $18.35 per share. After this transaction, he directly holds 24,824 shares. The sale was made under two pre-arranged Rule 10b5-1 trading plans adopted on March 6, 2025 and February 26, 2026 to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock awards.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,352 shares ($24,809)
Net Sell
1 txn
Insider
URBASZEK MARCIN
Role
Chief Financial Officer
Sold
1,352 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,352 | $18.35 | $25K |
Holdings After Transaction:
Class A Common Stock — 24,824 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,352 shares
Sale price: $18.35 per share
Shares held after: 24,824 shares
+2 more
5 metrics
Shares sold
1,352 shares
Open-market sale of Class A Common Stock
Sale price
$18.35 per share
Price for the 1,352 shares sold
Shares held after
24,824 shares
Direct holdings after the transaction
Net share change
-1,352 shares
Net-sell direction in transaction summary
10b5-1 plan dates
March 6, 2025; February 26, 2026
Adoption dates of trading plans
Key Terms
Rule 10b5-1 trading plans, tax withholding related obligations, restricted stock awards, open-market sale
4 terms
Rule 10b5-1 trading plans regulatory
"The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted on March 6, 2025 and February 26, 2026"
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
restricted stock awards financial
"in connection with the vesting of previously granted restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did BXMT CFO Marcin Urbaszek report?
BXMT’s CFO, Marcin Urbaszek, reported selling 1,352 shares of Class A Common Stock. The shares were sold in an open-market transaction at $18.35 per share, as disclosed in the Form 4 filing.
Does the BXMT Form 4 mention restricted stock awards?
Yes. The footnote explains the trades were connected to vesting of previously granted restricted stock awards. The sales helped cover tax withholding obligations arising from those vesting events.