Katharine A. Keenan - Mar 3, 2025 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: CEO & President, Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Stock symbol: BXMT
Transactions as of: Mar 3, 2025
Transactions value $: -$48,086
Form type: 4
Date filed: 3/4/2025, 06:00 PM
Previous filing: Dec 17, 2024
Next filing: Mar 18, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Sale	-$48.1K	-2.32K	-0.93%	$20.70	248K	Mar 3, 2025	Direct	F1

* 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 a Rule 10b5-1 trading plan adopted on August 8, 2024 to satisfy certain tax withholding related obligations in connection with the vesting of previously granted restricted stock awards.