BREYER JAMES 4

What Happened
James Breyer, a director of Blackstone Inc. (BX), received an award of 1,961 deferred restricted shares on April 1, 2026. The grant was reported at a $0.00 acquisition price (total reported value $0) and is coded as an award/grant (A) on the Form 4 filed April 3, 2026.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (reported via accession 0001193125-26-142375).
• Shares granted: 1,961 deferred restricted shares; price reported: $0.00; reported acquisition value: $0.
• Vesting/delivery: These deferred restricted shares will vest and the underlying shares will be delivered on April 1, 2027, subject to Breyer’s continued service on the board (per footnote).
• Plan: Granted under the Amended and Restated 2007 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing appears prompt (Form 4 filed two days after the transaction); no late-filing flag noted.

Context
This was a restricted share award (not an open-market purchase or sale). Deferred restricted share grants are common for director compensation and vest conditionally (here, based on continued board service); they do not necessarily indicate immediate buying or selling intent.