Form 4: Blackstone Inc. Director James Breyer Acquires Shares Under Equity Incentive Plan

Director James Breyer acquired 1,636 shares of Blackstone Inc. common stock on July 14, 2024, under the company's equity incentive plan.

Summary

• On July 14, 2024, James Breyer, a director of Blackstone Inc., acquired 1,636 shares of common stock.
• The acquisition was made under the Amended and Restated 2007 Equity Incentive Plan.
• These are deferred restricted shares that will vest and be delivered on July 14, 2025, contingent upon Breyer's continued service on the board.
• The price per share was $0.00.
• Following the transaction, Breyer directly owns 40,541 shares of Blackstone Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally seen as a positive sign, indicating confidence in the company's prospects. However, it's a routine transaction under an existing equity plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The deferred restricted shares will vest on July 14, 2025, subject to the Reporting Person's continued service on the board of directors of Blackstone Inc.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates