Blackstone Mortgage Trust (BXMT) Director Lynne Sagalyn Receives Award

What Happened

• Director Lynne Sagalyn was granted 6,597 shares of Restricted Class A Common Stock on 2026-06-26 at a per-share value of $17.43, for a total grant value of $114,986. The award was issued in lieu of cash retainer and meeting fees.

Key Details

• Transaction type: Award/Grant (code A)
• Date of grant: 2026-06-26; Form 4 filed: 2026-06-29 (filed within the SEC's two-business-day reporting window)
• Shares granted: 6,597; implied per-share value: $17.43; total value shown: $114,986
• Vesting: The award vests in full on the date of the Company’s 2027 annual meeting, subject to continued service (see footnote)
• Footnote summary: The share count was calculated by dividing $115,000 in retainer and meeting fees by the June 26, 2026 closing price; award issued in lieu of fees
• Shares owned after transaction: Not disclosed in this filing

Context

• This was a compensation award (not an open-market purchase or sale). Such grants are routine director compensation and vest in the future, so they do not necessarily reflect an immediate change in the insider’s market exposure or sentiment.