Blackstone Multi-Strategy Hedge Fund Director Philip Collins Receives Award

What Happened
Collins Philip Daniel (Director) was granted 3,682.192 Class I Limited Partnership Units on 2026-08-03 as compensation. The units were reported at $0.00 per unit (reported aggregate value $0) and the award fully vests on August 3, 2027. This was an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-04 (appears timely).
• Transaction type/code: A — Award/Grant (compensation).
• Quantity and price: 3,682.192 units at $0.00; reported aggregate value $0.
• Vesting: Fully vests on 2027-08-03 (footnote F1).
• Shares/units owned after transaction: Not reported in the filing.
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the filing.

Context
Awards of limited partnership units are a form of compensation for directors and typically vest over time; they do not represent an immediate purchase or sale and therefore do not directly indicate the director’s view on near-term stock performance. For retail investors, such grants are common and should be weighed with other insider transactions and company fundamentals.