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Blackstone Mortgage Trust (NYSE:BXMT), a $3.3 billion market cap mortgage REIT currently trading near $19.43, saw CEO Katharine A. Keenan sell 2,315 shares of Class A Common Stock on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $19.2536, for a total transaction value of $44,572. Prices ranged from $19.25 to $19.26, with the stock currently trading above its InvestingPro Fair Value.
Following the transaction, Keenan directly owns 234,599 shares of Blackstone Mortgage Trust. The company maintains a notable 9.68% dividend yield and has consistently paid dividends for 14 consecutive years, according to InvestingPro data.
The sales were executed under a Rule 10b5-1 trading plan adopted on August 8, 2024, to cover tax obligations related to vesting restricted stock awards. For deeper insights into BXMT’s financial health, valuation metrics, and additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Blackstone Mortgage Trust reported significant activity in its first quarter of 2025, with $1.6 billion in new loan originations. This marks their most active quarter since the second quarter of 2022, and the momentum appears to be continuing with $2 billion in loans currently in the process of closing. Additionally, Blackstone Mortgage Trust declared a quarterly dividend of $0.47 per share of class A common stock for the second quarter of 2025, payable on July 15, 2025.
Meanwhile, Citizens JMP has reiterated its Market Perform rating for Blackstone Mortgage Trust, following these earnings and regulatory filings. In other developments, Cushman & Wakefield announced that Brett White will retire from its Board of Directors after over a decade of service. Steve Plavin, previously with Blackstone Real Estate Debt Strategies, will assume the role of Non-Executive Chairman effective October 1, 2025. Plavin brings extensive experience in commercial real estate to his new position.
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