Michael Chae - 10 Dec 2025 Form 4 Insider Report for Blackstone Inc. (BX)

Role
CFO & Vice Chairman
Signature
Victoria Portnoy as Attorney-In-Fact
Issuer symbol
BX
Transactions as of
10 Dec 2025
Transactions value $
$0
Form type
4
Filing time
12 Dec 2025, 16:30:05 UTC
Previous filing
05 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chae Michael CFO & Vice Chairman C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK Victoria Portnoy as Attorney-In-Fact 12 Dec 2025 0001510762

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BX Blackstone Holdings Partnership Unit Gift $0 -64K -1.2% $0.00 5.26M 10 Dec 2025 Common Stock 64K Direct F1, F2
holding BX Blackstone Holdings Partnership Unit 1M 10 Dec 2025 Common Stock 1M See footnote F1, F3
holding BX Blackstone Holdings Partnership Unit 150K 10 Dec 2025 Common Stock 150K See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A "Blackstone Holdings Partnership Unit" collectively refers to one limited partner interest in each of Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., Blackstone Holdings IV L.P. and Blackstone Holdings AI L.P. Subject to the minimum retained ownership requirements and transfer restrictions set forth in the partnership agreements of the Blackstone partnerships, the holder has the right, exercisable from time to time, to exchange each Blackstone Holdings Partnership Unit for one share of Common Stock of Blackstone Inc. The Blackstone Holdings Partnership Units have no expiration date and may not be exchanged other than pursuant to transactions or programs approved by Blackstone.
F2 The Reporting Person donated 63,964 Blackstone Holdings Partnership Units to a charitable foundation.
F3 These Blackstone Holdings Partnership Units are held by a trust for the benefit of the Reporting Person's family members, of which the Reporting Person is the investment trustee.
F4 These Blackstone Holdings Partnership Units are held by a trust for the benefit of the Reporting Person's children, of which the Reporting Person is the investment trustee.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest therein.