NASSAU HENRY N 4
Research Summary
AI-generated summary
Blackstone Mortgage Trust (BXMT) Director Henry N. Nassau Receives 2,531 Shares
What Happened
Henry N. Nassau, a director of Blackstone Mortgage Trust (BXMT), received 2,531 shares (reported as an award/acquisition) on April 15, 2026. The shares were recorded at $20.12 each for a total value of $50,924. The filing treats these as an acquisition (code A), increasing his position by the reported amount.
Key Details
- Transaction date: 2026-04-15; reported filed: 2026-04-16 (timely).
- Price: $20.12 per share; Total value: $50,924.
- Shares acquired: 2,531 Class A Common Stock (units).
- Footnote: These were Class A Common Stock Units issued in lieu of dividends and convert one-for-one to shares. The number was calculated using the $0.47 per-share dividend paid on April 15, 2026 and the closing price on that date.
- Shares owned after the transaction: Not specified in the provided filing.
Context
This was not an open-market purchase or sale but dividend-equivalent units issued to the director (a common administrative issuance). Such awards generally reflect dividend reinvestment or dividend compensation rather than a directional trade signal. The filing appears timely (reported the next day).