Blackstone (BX) CAO Vikrant Sawhney Sells 30,000 Shares

What Happened
Vikrant Sawhney, Chief Administrative Officer of Blackstone Inc. (BX), sold a total of 30,000 Blackstone shares in open-market transactions on August 4, 2026, receiving approximately $4,066,488. The sales consisted of 18,408 shares at a reported weighted-average price of $135.29 (proceeds $2,490,494) and 11,592 shares at a reported weighted-average price of $135.96 (proceeds $1,575,994). These were disposals (sales), which are commonly routine insider transactions.

Key Details

• Transaction dates: August 4, 2026; filing date: August 5, 2026 (no late-filing indicated in the excerpt).
• Reported prices and ranges:
  • 18,408 shares — weighted avg $135.29; actual sale prices ranged $134.72–$135.71 (footnote F1).
  • 11,592 shares — weighted avg $135.96; actual sale prices ranged $135.73–$136.22 (footnote F2).
• Total proceeds: about $4,066,488 (~$4.07M).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F3 notes these Blackstone shares are held in a grantor retained annuity trust (GRAT) for which Mr. Sawhney serves as investment trustee. The filer disclaims beneficial ownership except to the extent of his pecuniary interest.

Context
These were open-market sales (code S), not purchases or option exercises. Footnotes indicate multiple executions at slightly differing prices; the reporter offers to provide per-price breakdowns if requested by the SEC or shareholders. Because the shares are held in a GRAT and the reporting person disclaims beneficial ownership beyond pecuniary interest, the transactions may reflect trust or personal liquidity matters rather than a direct endorsement or rejection of the company’s prospects.