Form 4: Blackstone Inc. Chief Legal Officer Reports Gift of Indirect Interest in Blackstone Holdings Partnership Units

John G. Finley, Chief Legal Officer of Blackstone Inc., reported a gift of indirect interest in 72,000 Blackstone Holdings partnership units to a trust for the benefit of his descendants on April 30, 2025.

Summary

• On April 30, 2025, John G. Finley, the Chief Legal Officer of Blackstone Inc., filed a Form 4 to report changes in beneficial ownership.
• The reported transaction involves a gift of indirect interest in 72,000 Blackstone Holdings partnership units.
• The gift was made by Mr. Finley's spouse, who gifted interests in a limited liability company that directly holds the units to a trust for the benefit of her descendants.
• Mr. Finley is the special purpose manager of the limited liability company and the investment trustee of the trust.
• After the transaction, Mr. Finley continues to indirectly hold 72,000 Blackstone Holdings partnership units through the limited liability company.
• Mr. Finley also directly holds 281,812 Blackstone Holdings partnership units and indirectly holds 80,964 units through a trust for the benefit of his spouse and descendants.
• Each Blackstone Holdings partnership unit can be exchanged for one share of Common Stock of Blackstone Inc., subject to certain restrictions.
• Mr. Finley disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting a personal transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Management Comments

• The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a personal transaction by an executive and doesn't necessarily reflect a change in the company's financial health or strategic direction.

Key Dates

Keywords

Blackstone Inc., John G. Finley, Blackstone Holdings partnership units, beneficial ownership, Form 4, gift, trust, Chief Legal Officer