Patel Viral 4

What Happened

• Viral Patel, CEO of Blackstone Private Equity Strategies Fund L.P., reported a gift transaction on 2026-04-23 involving 100,189.987 shares. The filing shows matching entries: one disposition (gifted away) and one acquisition (received) for the same number of shares, both reported at $0.00 per share (total $0). A gift is not a purchase or sale in the market and does not necessarily signal a view on the company's prospects.

Key Details

• Transaction date: 2026-04-23. Form 4 filed: 2026-04-24 (Accession 0001193125-26-177399).
• Reported amounts: 100,189.987 shares disposed (G) and 100,189.987 shares acquired (G); price per share reported $0.00; total value $0.
• Post-transaction holdings: not specified in the provided excerpt of the filing.
• Notes/footnotes: no 10b5-1 plan, tax withholding, or other special codes disclosed in the excerpt.
• Timeliness: filing appears timely (filed the next day); no late-filing indication in the provided data.

Context

• Gift transactions typically reflect transfers of ownership (e.g., to a family member, trust, or different account) and should not be interpreted as a market purchase or sale. The matching disposed-and-acquired entries often indicate an internal transfer between accounts or beneficial owners rather than an external sale.