Form 4: Blackstone Director William G. Parrett Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director William G. Parrett reports a change in beneficial ownership of Blackstone Inc. shares due to a gift transaction.
Summary
- On September 16, 2024, William G. Parrett, a director of Blackstone Inc., reported a change in his beneficial ownership of the company's common stock.
- The transaction involved a gift of 2,414 shares.
- Following the transaction, Parrett directly owns 30,771 shares and indirectly owns 61,585 shares through limited liability companies where he serves as the manager.
- Parrett disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: This is a routine filing related to a gift of shares, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it is a relatively small transfer of shares.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of transaction (gift of shares) |
| 09/18/2024 | Date of signature on the Form 4 filing |
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