NASSAU HENRY N 4

What Happened

• Henry N. Nassau, a director of Blackstone Mortgage Trust (BXMT), received an award of 6,597 restricted Class A common shares on 2026-06-26. The Form 4 lists the acquisition price as $17.43 per share, for a reported total of $114,986. This was a compensation grant (transaction code A), not an open-market purchase.

Key Details

• Transaction date and filing: transaction dated 2026-06-26; Form 4 filed 2026-06-29 (timely).
• Shares/price/value: 6,597 shares at $17.43 per share; Form 4 total $114,986. Footnote states the award was calculated by dividing $115,000 in retainer and meeting fees by the June 26, 2026 closing price.
• Vesting: award vests in full on the date of the Company’s 2027 annual meeting, subject to continued service through that date.
• Shares owned after transaction: not reported in the provided filing excerpt.
• Transaction code: A = Grant/award of restricted stock.

Context

• This is a compensation award in lieu of director retainer/meeting fees, so it reflects pay structure rather than an outright purchase decision by the insider. Because the shares are restricted and subject to vesting, they are not immediately transferable.