Brown Reginald J 4

What Happened
Reginald J. Brown, a director of Blackstone Inc. (BX), was granted 1,961 deferred restricted shares on April 1, 2026. The award is reported at $0.00 per share (total reported value $0) and was filed on April 3, 2026 as an award/grant (Form 4 code A).

Key Details

• Transaction date: April 1, 2026. Filing date (Accession): April 3, 2026 (0001193125-26-142393).
• Transaction type: Grant / Award (Form 4 code A).
• Shares granted: 1,961; price reported: $0.00 per share; total reported value: $0.
• Vesting/conditions: Per footnote F1, these are deferred restricted shares granted under the Amended and Restated 2007 Equity Incentive Plan; they will vest and the underlying shares will be delivered on April 1, 2027, subject to the reporting person’s continued service on the board.
• Shares owned after transaction: Not specified in the provided filing.
• No tax-withholding, sale, exercise, 10b5-1 plan, or other derivative activity noted in this report.

Context
Deferred restricted share grants are a form of compensation: the recipient does not receive the underlying shares until vesting and typically pays no cash at grant. This is a standard director compensation event and is informational rather than a direct market purchase or sale signal. The shares will convert to common stock only if the vesting condition (continued board service through 2027-04-01) is met.