4Filed Sep 17, 8:00 PM ET
Blackstone Mortgage Trust (BXMT) CFO Marcin Urbaszek Sells 864 Shares
$BXMT · BLACKSTONE MORTGAGE TRUST, INC.Research Summary
AI-generated summary of this SEC filing
Blackstone Mortgage Trust (BXMT) CFO Marcin Urbaszek Sells 864 Shares
What Happened
- Marcin Urbaszek, Chief Financial Officer of Blackstone Mortgage Trust (BXMT), sold 864 shares on September 17, 2026. The weighted-average sale price was $13.42, with individual trade prices ranging from $13.4207 to $13.425, for total proceeds of approximately $11,597. This was a sale (routine disposition) executed pursuant to pre-established trading arrangements.
Key Details
- Transaction date: 2026-09-17; filing date: 2026-09-18 (timely filed).
- Type: Sale (open market/private sale reported as S).
- Shares sold: 864; weighted-average price: $13.42; price range: $13.4207–$13.425.
- Total proceeds: about $11,597.
- Shares owned after transaction: not disclosed on this Form 4.
- Footnotes: Sales were effected under two Rule 10b5-1 trading plans (adopted 3/6/2025 and 2/26/2026) to satisfy tax-withholding obligations related to the vesting of previously granted restricted stock awards. The filer notes the reported price is a weighted average and will provide a per-trade breakdown upon request.
Context
- Trades executed under Rule 10b5-1 plans are prearranged and commonly used to cover tax withholding on vested awards; such sales are generally considered routine rather than a direct signal of management sentiment. This report documents a sale, which typically carries less informational weight for bull/bear inference than an insider purchase.