Blackstone Inc. (BX)

Quarterly Report Filed: 2026-05-08

Key Insights

Management and Advisory Fees increased 12.7% YoY to $2.13B in Q1 2026, while Fee Related Performance Revenues nearly doubled to $488M, indicating strong asset growth and improved performance across fund strategies
Total Segment Revenues grew 24.3% YoY to $3.43B, driven by realized performance revenues jumping 69.6% to $780M, suggesting strong portfolio company exits and investment realizations during the quarter
Blackstone drew an additional $700M under its Revolving Credit Facility in May 2026, maintaining liquidity for fund operations while total undrawn letters of credit remained modest at $39.3M, indicating active capital deployment
Fee Related Compensation grew 18.2% to $729M while maintaining operating leverage, as expense growth lagged revenue growth, demonstrating improved cost management and operational efficiency

Insider Trading Filed: 2026-05-01

Key Insights

Chief Administrative Officer Vikrant Sawhney sold approximately 30,014 shares of Blackstone stock on May 1, 2026, at prices ranging from $125.00 to $126.28, reducing his direct holdings from roughly 943k to 913k shares, representing a meaningful reduction in personal stake.
The sales were executed in two separate transactions at relatively consistent price points ($125.55 and $126.11 weighted average), suggesting deliberate portfolio rebalancing rather than distressed selling, though timing and method warrant monitoring.
Sawhney retains 17,600 indirect shares held through a grantor retained annuity trust where he serves as investment trustee, maintaining continued beneficial ownership while reducing direct exposure, and he disclaims beneficial ownership of reported securities except to his pecuniary interest.

Current Report Filed: 2026-04-23

Key Insights

Blackstone announced Q1 2026 financial results on April 23, 2026, with detailed presentation materials indicating active earnings disclosure and investor communication.
The filing was signed by CFO Michael S. Chae, suggesting proper financial governance and timely reporting of quarterly results.
This is a routine quarterly earnings announcement (8-K Item 2.02) with no indication of material agreements, executive changes, or unusual transactions that would signal major corporate developments.

Insider Trading Filed: 2026-04-09

Key Insights

Blackstone EMA III L.L.C. and other Blackstone entities have exchanged Class B Units of Legence Holdings LLC for an equivalent number of Class A Common Stock shares of Legence Corp.
Blackstone entities have sold a significant portion of their Class A Common Stock holdings in Legence Corp. through a secondary offering at $54 per share.
Blackstone entities continue to maintain a substantial ownership stake in Legence Corp. through their holdings of Class B Units and Class B Common Stock.

Insider Trading Filed: 2026-04-03

Key Insights

Ruth Porat, a director of Blackstone Inc. (BX), acquired 1,961 shares of common stock on April 1, 2026, increasing her direct ownership to 41,462.7645 shares.
Porat also holds an indirect beneficial ownership of 8,862.783 shares through a family limited partnership, where she is a general partner.
The reported transaction was an award of deferred restricted shares under Blackstone's Amended and Restated 2007 Equity Incentive Plan, which will vest and be delivered on April 1, 2027, subject to Porat's continued service on the board.

Insider Trading Filed: 2026-04-03

Key Insights

Rochelle B. Lazarus, a director at Blackstone Inc., acquired 1,961 shares of common stock on April 1, 2026 at $0 per share under the company's equity incentive plan.
Lazarus also holds an additional 2,950 shares of Blackstone stock indirectly through trusts for the benefit of her children.
The insider buying suggests Lazarus has confidence in Blackstone's long-term prospects and aligns her interests with shareholders.

Insider Trading Filed: 2026-04-03

Key Insights

The reporting person, William G. Parrett, acquired 2,048 shares of Blackstone Inc. (BX) common stock, increasing his direct beneficial ownership to 31,529 shares.
Parrett also indirectly owns 65,071 shares of Blackstone Inc. through limited liability companies over which he has investment and voting power.
The shares were granted under the company's Amended and Restated 2007 Equity Incentive Plan and will vest on April 1, 2027, subject to Parrett's continued service on the board of directors.

Insider Trading Filed: 2026-04-03

Key Insights

Reginald J. Brown, a director of Blackstone Inc., acquired 1,961 shares of the company's common stock at no cost, likely through a restricted stock grant. This suggests continued insider confidence in the company's long-term prospects.
The shares acquired represent a direct ownership increase of approximately 10% for the reporting person, indicating a meaningful commitment to the company.
The transaction was made pursuant to a pre-existing equity incentive plan, suggesting it is part of the director's normal compensation structure rather than a discretionary purchase.

Insider Trading Filed: 2026-04-03

Key Insights

Michael Chae, the CFO and Vice Chairman of Blackstone Inc. (BX), has acquired 152,667 shares of common stock through a grant under the company's Amended and Restated 2007 Equity Incentive Plan.
The granted shares will vest over time, with 10% vesting on July 1, 2027, an additional 10% on July 1, 2028, 20% on July 1, 2029, 30% on July 1, 2030, and the remaining 30% on July 1, 2031.
This insider acquisition suggests Chae's confidence in Blackstone's long-term growth and alignment with shareholder interests.

Insider Trading Filed: 2026-04-03

Key Insights

Joseph Baratta, a director of Blackstone Inc. (BX), acquired 124,626 shares of the company's common stock on April 1, 2026, under the Amended and Restated 2007 Equity Incentive Plan. The shares will vest over time, with the first 10% vesting on July 1, 2027.
The acquisition of these shares by a director could indicate their confidence in the company's long-term prospects and alignment with shareholder interests.
The vesting schedule, with the majority of the shares vesting over the next 4-5 years, suggests a long-term focus and commitment from the director.

Insider Trading Filed: 2026-04-03

Key Insights

Jonathan Gray, the President and COO of Blackstone Inc. (BX), acquired 302,662 shares of the company's common stock on April 1, 2026 at $0 per share. This significant insider purchase suggests Gray's confidence in the company's future performance.
The acquired shares will vest over time, with 10% vesting on July 1, 2027, 10% on July 1, 2028, 20% on July 1, 2029, 30% on July 1, 2030, and the remaining 30% on July 1, 2031. This vesting schedule aligns Gray's interests with long-term shareholders.
Blackstone's Amended and Restated 2007 Equity Incentive Plan, under which the shares were granted, is designed to incentivize and retain key executives like Gray, indicating the company's commitment to its leadership team.

Insider Trading Filed: 2026-04-03

Key Insights

Blackstone's Chief Accounting Officer, David Payne, acquired 17,804 shares of common stock on April 1, 2026, indicating his confidence in the company's prospects.
The shares are part of a deferred restricted stock plan, with 10% vesting annually over the next 5 years, suggesting a long-term commitment from the executive.
The timing and size of the stock acquisition suggest the reporting person believes Blackstone's stock is undervalued and presents an attractive investment opportunity.

Insider Trading Filed: 2026-04-03

Key Insights

John G. Finley, the Chief Legal Officer of Blackstone Inc. (BX), acquired 152,222 shares of the company's common stock, representing a significant increase in his direct ownership stake.
Finley also has indirect ownership interests in Blackstone shares through various trusts and investment vehicles, suggesting a concentration of his personal wealth in the company.
The vesting schedule for the 152,222 shares granted to Finley indicates a long-term commitment and alignment of his interests with the company's performance over the next several years.

Insider Trading Filed: 2026-04-03

Key Insights

The reporting person, James Breyer, a director of Blackstone Inc., has acquired 1,961 shares of common stock, increasing his direct beneficial ownership to 70,867 shares.
The shares were acquired through a grant under Blackstone's Amended and Restated 2007 Equity Incentive Plan, and they will vest and be delivered on April 1, 2027, subject to Breyer's continued service on the board.
Insider transactions, such as this acquisition of shares by a director, can provide insights into management's confidence and alignment with shareholder interests.

Insider Trading Filed: 2026-04-03

Key Insights

The Chief Administrative Officer, Vikrant Sawhney, acquired 129,077 shares of Blackstone Inc. (BX) common stock through an equity incentive plan grant. This indicates the company is incentivizing key leadership through equity compensation.
Sawhney also has an indirect beneficial ownership of 17,600 Blackstone shares held in a grantor retained annuity trust (GRAT), where he serves as the investment trustee. This suggests Sawhney has a significant personal stake in the company's performance.
The vesting schedule for the 129,077 deferred restricted shares granted to Sawhney is structured over a 5-year period, aligning his incentives with long-term shareholder value creation.

Current Report Filed: 2026-03-24

Key Insights

Blackstone provided a preliminary estimate of expected revenue related to realization activity for the first quarter of 2026, indicating potential positive performance in the period.
The company did not provide any additional context or financial guidance around this preliminary revenue estimate, leaving investors with limited information to fully assess the significance.
This 8-K filing does not appear to contain any other material news or updates, suggesting it may be a routine disclosure rather than a significant event.

Insider Trading Filed: 2026-03-23

Key Insights

Blackstone Inc. (BX) reported significant insider buying of shares in its Blackstone Private Real Estate Credit & Income Fund and Blackstone Private Multi-Asset Credit & Income Fund, indicating confidence in the funds' performance.
The filing shows that several Blackstone entities and executives, including Blackstone Holdings IV GP Management (Delaware) L.P. and Stephen A. Schwarzman, have increased their beneficial ownership in the funds, potentially signaling positive long-term prospects.
The substantial purchases of over 2.8 million shares at an average price of $26.15 suggest that Blackstone believes the funds are undervalued and have potential for future growth.

Insider Trading Filed: 2026-03-12

Key Insights

Blackstone Inc. (BX) through its subsidiaries sold a significant number of shares of Medline Inc. (MDLN) at a price of $40.508 per share, indicating a potential shift in the company's investment strategy.
The sale of shares by multiple Blackstone-affiliated entities suggests coordinated insider selling, which could signal a broader negative sentiment about Medline's prospects.
The large size of the transactions, totaling over 27 million shares, suggests this was a strategic move by Blackstone to monetize its investment in Medline.

Insider Trading Filed: 2026-03-12

Key Insights

The filing shows that John G. Finley, the Chief Legal Officer of Blackstone Inc. (BX), made several transactions involving the company's common stock, including transfers to various trusts and a grantor retained annuity trust (GRAT).
The transactions appear to be part of Finley's personal wealth management and estate planning activities, as he is the investment trustee or trustee for the trusts holding the shares.
The filing indicates that Finley maintains a significant indirect beneficial ownership in Blackstone's common stock, with a total of over 500,000 shares held in various trust and investment vehicles.

Insider Trading Filed: 2026-03-06

Key Insights

Blackstone Inc. (BX) has increased its ownership stake in Medline Inc. (MDLN) through multiple transactions, indicating a strong interest and investment in the company.
The reporting persons, including BCP 8 Holdings Mozart Manager L.L.C., BMA VIII L.L.C., and Blackstone-affiliated entities, now hold a significant 10% or greater ownership position in Medline Inc.
The transactions involve the exchange of common units of Medline Holdings, LP for Medline Inc. Class A common stock, suggesting potential future liquidity events or strategic moves for Blackstone's investment in Medline.

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Important Information