Blackstone Mortgage Trust director acquires 1,872 shares

The award reflects dividend-equivalent Class A stock units that convert into shares one-for-one.

Rhea-AI Filing Summary

Blackstone Mortgage Trust, Inc. director Nnenna Lynch acquired 1,872 Class A common shares on October 15, 2026. The footnote identifies them as shares converted one-for-one from Class A common stock units in lieu of dividends payable on units she owned; her direct holdings after the transaction were 44,824 shares. The unit count was calculated using the $0.47 per-share dividend and the closing price on that date.

Insider Trade Summary

Grant/Award: 1,872 shares

Grant/Award 1 txn

Insider Lynch Nnenna

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	1,872	$10.78	$20K

Holdings After Transaction: Class A Common Stock — 44,824 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 October 15, 2026 by (2) the closing price of the Company's Class A Common Stock on October 15, 2026.

Key Figures

Shares acquired: 1,872 shares Direct holdings after transaction: 44,824 shares Dividend per share: $0.47 per share +1 more

4 metrics

Shares acquired 1,872 shares Class A common shares acquired on October 15, 2026

Direct holdings after transaction 44,824 shares Reported following the October 15, 2026 transaction

Dividend per share $0.47 per share Class A common stock dividend paid on October 15, 2026

Conversion basis 1 share per unit Class A Common Stock Units convert one-for-one into Class A common shares

Key Terms

Class A Common Stock Units, in lieu of dividends, one-for-one basis

3 terms

Class A Common Stock Units financial

"Class A Common Stock Units in lieu of dividends"

in lieu of dividends financial

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

one-for-one basis financial

"convert to shares of Class A Common Stock on a one-for-one basis"

FAQ

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

How many BXMT shares did director Nnenna Lynch acquire?

Nnenna Lynch acquired 1,872 Class A common shares on October 15, 2026, and her reported direct holdings after the transaction were 44,824 shares.

What do the BXMT shares acquired by Nnenna Lynch represent?

They represent Class A Common Stock Units in lieu of dividends payable on units she owned. The units convert into Class A common shares one-for-one, and their number was calculated using the $0.47 per-share dividend and the October 15, 2026 closing price.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/16/2026 - 05:46 PM EDT Accepted by SEC EDGAR 10/16/2026 - 05:46 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)
10/15/2026

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	10/15/2026		A		1,872(1)	A	$10.78	44,824	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 October 15, 2026 by (2) the closing price of the Company's Class A Common Stock on October 15, 2026.

Remarks:

	/s/ Marcin Urbaszek, Attorney-In-Fact	10/16/2026
	** 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)