Harper Robert G IV 4

What Happened

• Robert G. Harper IV, Head of Asset Management at Blackstone Real Estate Income Trust, acquired 772.667 shares on 2026-04-01 via a purchase at $14.24 per share, for a total reported value of $11,000. This transaction is a purchase (code P), which is typically interpreted as an insider buy rather than a sale.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03.
• Price and amount: 772.667 shares at $14.24 per share; total ≈ $11,000.
• Shares owned after transaction: not disclosed in the information provided in this summary (not reported here).
• Footnote: F1 indicates the total includes shares acquired through the issuer's Distribution Reinvestment Plan (DRIP).
• Timeliness: Form 4 was filed on 2026-04-03 for a 2026-04-01 trade (filed within the normal 2-business-day window).

Context

• This is a straightforward purchase (open market or private purchase designation). The size is modest (~$11k), so while purchases can be a positive signal, the small dollar amount limits its weight as an indicator of material insider conviction.