Sawhney Vikrant 4

4 · Blackstone Inc. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

Blackstone (BX) Chief Administrative Officer Vikrant Sawhney Receives Award

What Happened

Vikrant Sawhney, Chief Administrative Officer of Blackstone Inc. (BX), received a grant of 129,077 deferred restricted shares on April 1, 2026. The reported acquisition price is $0 (this is a compensation award, not an open-market purchase).

Key Details

Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (filed within the normal two-business-day window).
Transaction type/code: Award / Grant (A).
Shares granted: 129,077 deferred restricted shares; reported acquisition price $0.
Shares owned after the transaction: Not specified in the filing.
Vesting schedule (per footnote): 10% (12,908 shares) vest July 1, 2027; 10% (12,908) on July 1, 2028; 20% (25,815) on July 1, 2029; 30% (38,723) on July 1, 2030; and 30% (38,723) on July 1, 2031. As vested shares are to be delivered, one-quarter of each vested tranche will be held back and delivered later per the award agreement. Shares may be delivered earlier upon a change in control.
Trust/GRAT notes: Some reported shares are held in a grantor retained annuity trust (GRAT); the filing reflects certain transfers between the GRAT and the Reporting Person that were exempt under Rule 16a-13. The Reporting Person serves as investment trustee for the GRAT.
Beneficial ownership: The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.

Context

Deferred restricted share grants are a common form of executive compensation tied to continued service (vesting schedule described above) and not an immediate cash purchase or sale. They do not necessarily indicate an insider buying or selling shares in the market.

Form 4

Period: 2026-04-01

Chief Administrative Officer

Transactions

Holdings

Footnotes (3)

[F1]Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 12,908 shares, will vest on July 1, 2027; an additional 10%, or 12,908 shares, will on July 1, 2028; an additional 20%, or 25,815 shares, will vest on July 1, 2029; an additional 30%, or 38,723 shares, will vest on July 1, 2030; and the remaining 30%, or 38,723 shares, will vest on July 1, 2031. As these deferred restricted shares vest, the shares will be delivered to the Reporting Person, except that 1/4 of the vested shares will be held back and delivered on a future date pursuant to the terms of the Reporting Person's award agreement. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.
[F2]Reflects certain transfers made between a grantor retained annuity trust ("GRAT") and the Reporting Person. Such transfers were exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
[F3]Such Blackstone shares are held in a GRAT, for which the Reporting Person serves as investment trustee.

Signature

Victoria Portnoy as Attorney-In-Fact|2026-04-03

1 file