Anthony F. Marone JR - Jun 17, 2024 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Signature
/s/ Anthony F. Marone, Jr.
Stock symbol
BXMT
Transactions as of
Jun 17, 2024
Transactions value $
-$17,595
Form type
4
Date filed
6/18/2024, 05:30 PM
Previous filing
Jun 11, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXMT Class A Common Stock Sale -$17.6K -1K -1.69% $17.56 58.1K Jun 17, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2024 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.