Pena Fernando Austin 4
4 · BLACKSTONE MORTGAGE TRUST, INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Blackstone Mortgage Trust (BXMT) President Fernando Austin Pena Sells Shares
What Happened Fernando Austin Pena, President and a director of Blackstone Mortgage Trust (BXMT), sold 1,666 shares of BXMT on March 31, 2026. The shares were disposed at a weighted-average price of $18.88 per share for total proceeds of approximately $31,459. This was a sale (not a purchase), and such transactions are often routine rather than a directional vote on the stock.
Key Details
- Transaction date: 2026-03-31
- Type: Sale (open market/private sale reported as "S")
- Shares sold: 1,666
- Price: weighted average $18.88; individual trade prices ranged $18.88 to $18.885 (report notes full breakdown is available on request)
- Proceeds: ~$31,459
- Shares owned after transaction: Not disclosed in this Form 4
- Footnotes: Sale was executed pursuant to Rule 10b5-1 trading plans adopted March 5, 2024 and February 28, 2025 to satisfy tax-withholding obligations related to vesting of previously granted restricted stock awards
- Filing timeliness: No late filing indicated on the Form 4
Context The filing indicates the sale was executed under pre-established 10b5-1 plans to cover tax withholding from vested restricted stock awards. 10b5-1 plan trades are pre-planned and are commonly used for tax or diversification needs; the filing itself does not state any change in the insider’s view of the company.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-31$18.88/sh−1,666$31,459→ 76,967 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2024 and February 28, 2025 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.88 to $18.885, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.