BXMT Executive's Planned Stock Sale Shows Continued Large Holdings
Rhea-AI Filing Summary
Insider Trading Alert: Marcin Urbaszek, Deputy Chief Financial Officer of Blackstone Mortgage Trust (BXMT), sold 800 shares of Class A Common Stock on June 17, 2025, at a price of $19.145 per share. Following the transaction, Urbaszek retains direct ownership of 12,089 shares.
The sale was executed pursuant to a Rule 10b5-1 trading plan established on March 6, 2025. The transaction was specifically conducted to satisfy tax withholding obligations related to the vesting of previously granted restricted stock awards.
Key Transaction Details:
- Transaction Type: Sale (S)
- Total Transaction Value: Approximately $15,316
- Trading Plan: Pre-planned under SEC Rule 10b5-1
- Purpose: Tax obligation settlement
- Ownership Type: Direct
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 800 shares
Net Sell
1 txn
Insider
URBASZEK MARCIN
Role
Deputy Chief Financial Officer
Sold
800 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 800 | $19.145 | $15K |
Holdings After Transaction:
Class A Common Stock — 12,089 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2025 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the purpose of BXMT Deputy CFO's stock sale in June 2025?
The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2025, specifically to satisfy tax withholding obligations related to the vesting of previously granted restricted stock awards.
When did BXMT's Deputy CFO establish the Rule 10b5-1 trading plan?
The Rule 10b5-1 trading plan was adopted on March 6, 2025, approximately three months before the reported stock sale.