Harper Robert G IV 4
Research Summary
AI-generated summary
Blackstone REIT Robert G. Harper IV Buys 2,438.566 Shares
What Happened
Robert G. Harper IV, Head of Asset Management at Blackstone Real Estate Income Trust, purchased 2,438.566 shares on 2026-06-01 at $14.35 per share, a total transaction value of approximately $35,000. This was a purchase (potentially a modestly bullish signal), not a sale.
Key Details
- Transaction date and price: 2026-06-01, 2,438.566 shares at $14.35 each (≈ $35,000 total).
- Filing date: Form 4 filed 2026-06-02 (filed within the standard reporting window).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Includes shares acquired through the issuer's Distribution Reinvestment Plan (DRIP).
- Transaction type: Purchase (open market or DRIP); not an option exercise, gift, or award.
Context
The filing indicates the acquisition was at a relatively small dollar amount and includes shares from the company's DRIP, which is a routine way for insiders to reinvest distributions. Purchases can be informative, but this modest-sized transaction alone is not a strong indicator of a major change in insider sentiment.