Leonard W. Cotton - 27 Jun 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: 27 Jun 2025
Net transactions value: +$114,986
Form type: 4
Filing time: 30 Jun 2025, 18:04:38 UTC
Previous filing: 16 Apr 2025
Next filing: 16 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cotton Leonard W	Director	153 NICHOLAS CARTERET CIRCLE, JOHNS ISLAND	/s/ Anthony F. Marone, Jr., Attorney-In-Fact	30 Jun 2025	0001373685

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$114,986	+5,828	+7.5%	$19.73	83,858	27 Jun 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents an award of Restricted Class A Common Stock in lieu of retainer and meeting fees. The number of shares of Restricted Class A Common Stock subject to the award was calculated by dividing $115,000 in retainer and meeting fees by the closing price for June 27, 2025. The award vests in full on the date of the Company's 2026 annual meeting, subject to the director's continued services as of the date of the 2026 annual meeting.

Content

Represents an award of Restricted Class A Common Stock in lieu of retainer and meeting fees. The number of shares of Restricted Class A Common Stock subject to the award was calculated by dividing $115,000 in retainer and meeting fees by the closing price for June 27, 2025. The award vests in full on the date of the Company's 2026 annual meeting, subject to the director's continued services as of the date of the 2026 annual meeting.