Morrison Thomas M 4
Research Summary
AI-generated summary
Blackstone PE Strategies Fund President Thomas M. Morrison Buys Shares
What Happened
Thomas M. Morrison, President of Blackstone Private Equity Strategies Fund L.P., reported an open-market/private purchase of 78.806 shares at $38.07 per share on 2026-06-29, for a total reported cost of $3,000. This was a purchase (insider acquired shares), which investors often view as more informative than routine sales, though it does not prove future performance.
Key Details
- Transaction date: 2026-06-29; reported purchase price: $38.07; shares acquired: 78.806; total value: $3,000.
- Transaction type/code: P = Purchase (open market or private purchase).
- Filing date: 2026-07-01 (Form 4 accession 0001193125-26-292521); this filing appears to be within the standard 2-business-day reporting window.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the summary information.
Context
This is a small-dollar insider purchase by the fund’s president. Purchases can be interpreted as a modest positive signal, but the amount here is relatively small and should be considered alongside other insider activity and company fundamentals.