Porat Ruth 4

What Happened
Ruth Porat, a director of Blackstone Inc. (BX), acquired a total of 524.577 shares on February 17, 2026 in three open-market purchase transactions tied to dividend reinvestment. The trades were: 275.604 shares at $130.30 ($35,910), 149.384 shares at $131.11 ($19,586), and 99.589 shares at $131.11 ($13,057), totaling roughly $68,553. These were purchases (adds to her holdings) executed through brokerage accounts.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-20. (Filing was submitted three days after the trades; insiders generally must file within two business days — check for timeliness if relevant.)
• Prices and amounts:
  • 275.604 sh @ $130.30 = $35,910
  • 149.384 sh @ $131.11 = $19,586
  • 99.589 sh @ $131.11 = $13,057
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Purchases were made in connection with dividend reinvestment through brokerage accounts (routine DRIP activity).
  • F2: Some or all securities are held by a family limited partnership of which Porat is a general partner.
• Remark: Reporting person disclaims direct beneficial ownership of the reported securities except to the extent of her pecuniary interest.

Context
These purchases were dividend reinvestments — a common, automatic way insiders increase holdings and not necessarily an active market-timing decision. The filing notes indirect ownership via a family limited partnership and includes a disclaimer of direct beneficial ownership beyond pecuniary interest. For retail investors, dividend reinvestment buys are typically routine; they confirm incrementally increased insider exposure but do not alone indicate a change in company outlook.