Blackstone (BX) Director William G. Parrett Transfers 1,500 Shares

What Happened
William G. Parrett, a director of Blackstone Inc. (BX), reported an internal transfer on Aug 3, 2026. The Form 4 shows a disposition of 1,500 shares and an acquisition of 1,500 shares (transaction code J — "other acquisition or disposition"), reflecting a transfer tied to an obligation involving limited liability companies he controls. The filing cites a price of $134.68 per share, giving an implied value of about $202,020 for the 1,500-share movement. These were not open-market buys or sales.

Key Details

• Transaction date: 2026-08-03; Form filed: 2026-08-05 (filed two days after the trade, appearing timely).
• Reported entries: one disposition of 1,500 shares and one acquisition of 1,500 shares (code J — other acquisition/disposition).
• Implied price/value: $134.68 per share; 1,500 × $134.68 ≈ $202,020 (per footnote).
• Shares owned after transaction: not specified on the Form 4; filing notes these shares are held by limited liability companies over which Parrett has investment and voting power (Footnote F2).
• Footnote F1 clarifies the disposition reflects shares transferred by Parrett to satisfy an obligation to an LLC; F2 notes the shares are held by LLCs he controls.
• Remark: Parrett disclaims beneficial ownership except to the extent of his pecuniary interest.

Context
Transaction code J and the footnotes indicate this was an internal transfer between the reporting person and affiliated LLCs (satisfaction of an obligation), not an open-market sale or purchase. Such transfers often represent administrative or contractual arrangements and do not necessarily signal a change in the director’s market view.