Pell Nicholas L. 4

What Happened

• Nicholas L. Pell, Chief Executive Officer and President of Blackstone Digital Infrastructure Trust Inc. (BXDC), acquired 25,000 shares on 2026-05-15 at $20.00 per share, a total of $500,000. The transaction is a purchase (insider buy), not a sale.

Key Details

• Transaction date: 2026-05-15
• Price: $20.00 per share; Total value: $500,000
• Transaction code: P (Purchase)
• Method: Acquired in a directed share program in connection with the issuer's initial public offering (footnote F1)
• Shares owned after the transaction: not reported on this Form 4
• Filing date / timeliness: Form 4 filed 2026-05-19; filing is within the standard two-business-day window (timely)

Context

• This was a direct purchase tied to the company’s IPO (a directed share program), a common way for insiders to receive an allocation at offering. Purchases can be interpreted as a positive signal, but they do not by themselves explain the insider’s motivations.