Fernando Austin Pena - 31 Dec 2025 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Signature
/s/ Anthony F. Marone, Jr., Attorney-In-Fact
Issuer symbol
BXMT
Transactions as of
31 Dec 2025
Net transactions value
-$60,234
Form type
4
Filing time
02 Jan 2026, 17:21:56 UTC
Previous filing
17 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pena Fernando Austin President, Director C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK /s/ Anthony F. Marone, Jr., Attorney-In-Fact 02 Jan 2026 0002089544

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXMT Class A Common Stock Sale $60,234 -3,131 -3.8% $19.24 78,633 31 Dec 2025 Direct F1, F2
* 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 Rule 10b5-1 trading plans adopted on March 3, 2023, March 5, 2024, and February 28, 2025 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.235 to $19.245, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.