Finley John G 4
Research Summary
AI-generated summary
Blackstone (BX) CLO John Finley Receives 152,222-Share Award
What Happened
- John G. Finley, Chief Legal Officer of Blackstone Inc. (BX), received an award of 152,222 deferred restricted shares on April 1, 2026. The shares were granted at $0.00 (an equity award, not a cash purchase) and are reported under transaction code A (award/grant).
Key Details
- Transaction date and price: April 1, 2026; acquisition price $0.00 (grant).
- Shares granted: 152,222 deferred restricted shares.
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes:
- F1: Vesting schedule — 10% (15,222) vests 7/1/2027; 10% (15,222) vests 7/1/2028; 20% (30,444) vests 7/1/2029; 30% (45,667) vests 7/1/2030; remaining 30% (45,667) vests 7/1/2031. As shares vest they will be delivered, but 1/4 of vested shares will be held back and delivered on a future date per the award agreement. Shares may vest earlier on a change in control.
- F2–F7: Other entries describe various trusts/LLCs related to the reporting person; the filing also notes the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Filing timeliness: Report filed April 3, 2026 for a 4/1/2026 transaction — no late filing indicated.
Context
- These are deferred restricted stock awards (compensation), not an open-market purchase or sale. Such grants are typical executive compensation and reflect long-term retention incentives; they do not by themselves indicate the insider is buying or selling shares in the market.