SAGALYN LYNNE B 4

What Happened

• Lynne B. Sagalyn, a director of Blackstone Mortgage Trust (BXMT), was recorded as acquiring 3,939 shares on July 15, 2026. The filing reports an acquisition at $17.12 per share, totaling approximately $67,436. The transaction is coded as an award/other acquisition (A) rather than an open-market purchase.

Key Details

• Transaction date and price: July 15, 2026 — 3,939 shares at $17.12 each.
• Total reported value: ~$67,436.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The shares represent Class A Common Stock Units received in lieu of a $0.47-per-share dividend; those units convert to Class A common shares one-for-one. The reported share count was calculated using the dividend amount and the July 15 closing stock price.
• Filing timeliness: Report filed July 16, 2026 for a July 15 transaction (no late filing indicated).

Context

• This was a dividend-in-kind conversion (units in lieu of cash dividend) resulting in an acquisition of shares, not an active market purchase by the director. Such dividend conversions are routine corporate actions and do not by themselves signal the insider’s view of the company’s prospects.