Blackstone Mortgage Trust president sells $15,128 in shares
Blackstone Mortgage Trust president and director Fernando Austin Pena sold 1,127 shares of the company's Class A Common Stock on September 17, 2026, under a pre-adopted Rule 10b5-1 trading plan. The shares were sold at $13.4241 per share, generating a total of $15,128, which was intended to satisfy tax withholding obligations related to the vesting of previously granted restricted stock awards.
Following the transaction, Pena still holds 71,772 shares of the company's stock. This sale comes as the company's shares are trading near their 52-week low of $13.10, with a year-to-date decline of ~27%. The company offers a dividend yield of ~14%, having maintained dividend payments for 15 consecutive years, but reported mixed financial results for Q2 2026, including a GAAP net loss of $0.48 per share.
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