Baratta Joseph 4
Research Summary
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Blackstone (BX) Director Joseph Baratta Receives Award 124,626 Shares
What Happened Joseph Baratta, a director of Blackstone Inc. (BX), received an award of 124,626 deferred restricted shares on April 1, 2026. The shares were granted at $0.00 (award), so reported acquisition value is $0. This is a compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03.
- Transaction type/code: Award/Grant (A); Shares: 124,626; Price: $0.00; Reported value: $0.
- Vesting schedule (per filing): 10% (12,463 shares) vests 7/1/2027; +10% (12,463) on 7/1/2028; +20% (24,925) on 7/1/2029; +30% (37,387) on 7/1/2030; remaining 30% (37,388) on 7/1/2031.
- Holdback: As vested shares are delivered, 1/4 of the vested shares will be held back and delivered at a future date under the award agreement; shares may be delivered earlier on a change in control.
- Shares owned after transaction: Not specified in the filing.
Context This is a restricted share grant under the Amended and Restated 2007 Equity Incentive Plan — a typical long-term compensation/retention award for directors. Because the award vests over multiple years and was granted at $0, it should be seen as a compensation/retention action rather than an immediate market signal (no immediate sale or purchase of shares occurred).