Form 4: Blackstone Real Estate Income Trust President Acquires Additional Shares Through Distribution Reinvestment Plan

Robert G. Harper IV, President of Blackstone Real Estate Income Trust, acquired additional shares of common stock through the company's Distribution Reinvestment Plan.

Summary

• On June 3, 2024, Robert G. Harper IV, President of Blackstone Real Estate Income Trust, acquired 387.676 shares of common stock.
• The shares were acquired through the Issuer's Distribution Reinvestment Plan at a price of $14.1871 per share.
• Following the transaction, Harper directly owns 518,825.631 shares of Blackstone Real Estate Income Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The insider's participation in the Distribution Reinvestment Plan suggests confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of shares through the Distribution Reinvestment Plan demonstrates the executive's continued investment in the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholders as it signals insider confidence.

Key Dates

Keywords

Blackstone Real Estate Income Trust, Robert G. Harper IV, Distribution Reinvestment Plan, Common Stock, Beneficial Ownership, Form 4