Blackstone Multi-Strategy Director Kimberly Querrey Buys $7M of Shares

What Happened

• Kimberly K. Querrey, a director of Blackstone Multi-Strategy Hedge Fund L.P., reported an acquisition on Sept 1, 2026. The filing shows a purchase (transaction code P) of 274,079.875 shares at $25.54 per share, totaling approximately $7,000,000. This was reported as an open-market or private purchase and represents a buy (a positive signal of insider accumulation, though not proof of future performance).

Key Details

• Transaction date and price: 2026-09-01 at $25.54 per share.
• Shares acquired: 274,079.875 (total consideration ≈ $7,000,000).
• Transaction type: Purchase (reported as open-market or private purchase, code P).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes/plan disclosures: No 10b5-1 plan, tax-withholding, or other special footnotes were disclosed in the filing.
• Filing timeliness: Form 4 was filed on 2026-09-24, more than the standard two business days after the transaction — the filing appears late, which reduces timeliness of disclosure.

Context

• Purchases by directors can signal confidence, but they should be evaluated alongside company fundamentals and other insider activity. This filing is a straightforward stock purchase; there are no derivative exercises, grants, gifts, or immediate sales disclosed.