Blackstone Mortgage CFO sells $9,748 in shares

Published 04/09/2025, 00:12
Blackstone Mortgage CFO sells $9,748 in shares

Anthony F. Marone JR., Chief Financial Officer of Blackstone Mortgage Trust (NYSE:BXMT), sold 506 shares of the company’s Class A Common Stock on September 2, 2025. The shares were sold at a price of $19.265, for a total transaction value of $9,748.

Following the transaction, Marone directly owns 63,576 shares of Blackstone Mortgage Trust.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan to cover tax obligations related to the vesting of restricted stock awards.

In other recent news, Blackstone Mortgage Trust reported significant activity in its lending operations. The company announced $1.6 billion in new loan originations for the first quarter of 2025, marking its most active quarter since the second quarter of 2022. This momentum appears to be continuing, with $2 billion in loans currently in the closing process as of April 30. Additionally, Blackstone Mortgage Trust declared a quarterly dividend of $0.47 per share for the second quarter, payable on July 15, 2025, to shareholders recorded by June 30.

In related developments, Citizens JMP has reiterated its Market Perform rating for Blackstone Mortgage Trust following these financial updates. Meanwhile, Cushman & Wakefield has announced a leadership change with Steve Plavin set to become the company’s Non-Executive Chairman starting October 1, 2025. Plavin, who is retiring from his role at Blackstone Real Estate Debt Strategies, will succeed Brett White, who is retiring after over a decade of service. These developments mark significant transitions and ongoing activities within both companies.

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