Director Nnenna Lynch gets 803 BXMT shares as dividend stock units

Rhea-AI Filing Summary

BLACKSTONE MORTGAGE TRUST, INC. director Nnenna Lynch acquired 803 shares of Class A Common Stock on April 15, 2026 as a grant in lieu of cash dividends. The award was valued at $20.12 per share and increased her directly held position to 35,208 shares.

The 803 shares represent Class A Common Stock Units tied to dividends on previously owned units, converting to common stock on a one-for-one basis. The number of units was based on a $0.47 per-share dividend and the closing share price on April 15, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lynch Nnenna

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	803	$20.12	$16K

Holdings After Transaction: Class A Common Stock — 35,208 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 803 shares Implied grant price: $20.12 per share Post-transaction holdings: 35,208 shares +1 more

4 metrics

Shares granted 803 shares Class A Common Stock Units in lieu of dividends on April 15, 2026

Implied grant price $20.12 per share Value assigned to 803-share award on April 15, 2026

Post-transaction holdings 35,208 shares Total Class A Common Stock directly held by Nnenna Lynch after grant

Dividend per share $0.47 per share Class A Common Stock dividend used to calculate stock units on April 15, 2026

Key Terms

Class A Common Stock Units, in lieu of dividends, convert to shares, Class A Common Stock dividend

4 terms

Class A Common Stock Units financial

"Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person"

in lieu of dividends financial

"Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units"

convert to shares financial

"which convert to shares of Class A Common Stock on a one-for-one basis"

Class A Common Stock dividend financial

"the $0.47 per share dollar amount of the Class A Common Stock dividend paid by the Company on April 15, 2026"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Lynch Nnenna

(Last) (First) (Middle)

C/O BLACKSTONE MORTGAGE TRUST

345 PARK AVENUE

(Street)

NEW YORK NEW YORK 10154

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLACKSTONE MORTGAGE TRUST, INC. [ BXMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/15/2026		A		803(1)	A	$20.12	35,208	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 April 15, 2026 by (2) the closing price of the Company's Class A Common Stock on April 15, 2026.

Remarks:

	/s/ Marcin Urbaszek, Attorney-In-Fact	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Nnenna Lynch acquire in the latest BXMT insider transaction?

Director Nnenna Lynch acquired 803 shares of BLACKSTONE MORTGAGE TRUST Class A Common Stock. These shares were granted as stock units in lieu of cash dividends and convert into common shares on a one-for-one basis, increasing her direct holdings to 35,208 shares.

Was the BXMT Lynch transaction a market purchase of shares?

No, the Lynch transaction was a grant, not an open-market purchase. She received 803 Class A Common Stock Units in lieu of cash dividends, calculated using a $0.47 per-share dividend and the closing share price on April 15, 2026.

How many BXMT shares does Nnenna Lynch hold after this Form 4 filing?

After the transaction, Nnenna Lynch directly holds 35,208 shares of BLACKSTONE MORTGAGE TRUST Class A Common Stock. This total reflects the addition of 803 shares granted as dividend-equivalent stock units, which convert into common shares on a one-for-one basis.

How was the 803-share BXMT stock unit award to Lynch calculated?

The 803 Class A Common Stock Units were calculated by multiplying the number of stock units already owned by Lynch by the $0.47 per-share dividend, then dividing that product by the closing Class A share price on April 15, 2026.

What is the nature of the Class A Common Stock Units reported for BXMT?

The Class A Common Stock Units represent shares granted instead of cash dividends on existing units. They convert into BLACKSTONE MORTGAGE TRUST Class A Common Stock on a one-for-one basis, effectively reinvesting dividend value into additional equity for the reporting person.