Blackstone PE Strategies Fund President Thomas M. Morrison Buys Stock

What Happened Thomas M. Morrison, President of Blackstone Private Equity Strategies Fund L.P., reported a purchase of 654.506 shares on September 29, 2026. The transaction was reported at $39.72 per share for a total consideration of approximately $26,000. The filing lists the trade as a P-code (open-market or private purchase), i.e., an outright acquisition of shares.

Key Details

• Transaction date: 2026-09-29; Filing date: 2026-10-01.
• Shares acquired: 654.506 at $39.72 per share; total ≈ $26,000.
• Transaction code: P (purchase — open market or private purchase).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• No footnotes indicating a 10b5-1 plan, tax withholding, or other special arrangements are reported in the summary information provided.
• Filing does not indicate it was late.

Context This was a straightforward insider purchase by a company executive. Purchases by executives can be taken as a mild bullish signal, but the size here (~$26k) is relatively small, so it may reflect routine buying rather than a material vote of confidence. No options exercise, gift, or immediate sale was reported in connection with this transaction.