Insider Selling: Blackstone Mortgage Trust (NYSE:BXMT) President Sells $15,124.34 in Stock
MarketBeat
Blackstone Mortgage Trust, Inc. (NYSE:BXMT - Get Free Report) President Fernando Pena sold 1,127 shares of the business's stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $13.42, for a total value of $15,124.34. Following the sale, the president directly owned 71,772 shares of the company's stock, valued at $963,180.24. This represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:BXMT