THOMAS E. DOBROWSKI - 15 Jan 2025 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Issuer symbol: BXMT
Transactions as of: 15 Jan 2025
Net transactions value: +$51,593
Form type: 4
Filing time: 16 Jan 2025, 17:49:11 UTC
Previous filing: 16 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$51,593	+2,841	+2.2%	$18.16	129,354	15 Jan 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

THOMAS E. DOBROWSKI is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.47 per share dollar amount of the Class A Common Stock dividend paid by the Company on January 15, 2025 by (2) the closing price of the Company's Class A Common Stock on January 15, 2025.

Content

Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.47 per share dollar amount of the Class A Common Stock dividend paid by the Company on January 15, 2025 by (2) the closing price of the Company's Class A Common Stock on January 15, 2025.