Chen Yi Hsu - 22 Oct 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: 22 Oct 2025
Net transactions value: +$78,128
Form type: 4
Filing time: 24 Oct 2025, 17:28:51 UTC
Previous filing: 25 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hsu Chen Yi	Director	C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK	/s/ Anthony F. Marone, Jr., Attorney-In-Fact	24 Oct 2025	0002078424

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$78,128	+4,253		$18.37	4,253	22 Oct 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 $78,137 in prorated retainer and meeting fees for the director's service for the period from October 22, 2025 through the date of the Company's 2026 annual meeting, by the closing price for October 22, 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 $78,137 in prorated retainer and meeting fees for the director's service for the period from October 22, 2025 through the date of the Company's 2026 annual meeting, by the closing price for October 22, 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.