Director Joseph Baratta Sells $12.38M of Blackstone ($BX) Stock

Executive Summary

On September 18, 2026, Blackstone Inc. Director Joseph Baratta executed open-market sales totaling 100,000 shares of Blackstone Common Stock (BX) for an aggregate consideration of approximately $12.38 million. The transaction was executed in two tranches with weighted average prices of $123.35 and $124.13.

Transaction Details

• Tranche 1: 42,246 shares sold at a weighted average price of $123.35 (ranging from $122.85 to $123.84), totaling $5,211,044.10.
• Tranche 2: 57,754 shares sold at a weighted average price of $124.13 (ranging from $123.85 to $124.72), totaling $7,169,004.02.
• Combined Volume: 100,000 shares sold for $12,380,048.12.
• Holding Impact: Direct ownership decreased from 871,599 shares to 771,599 shares, representing a ~11.5% reduction in direct holdings.
• 10b5-1 Plan Adoption: The filing indicates that these sales were not made pursuant to a Rule 10b5-1 trading plan (aff10b5One is false).

Market & Significance Assessment

• Significance Level: High
• Rationale: The transaction represents an eight-figure discretionary sale ($12.38M) by a high-profile director and senior leader at Blackstone. The absence of a Rule 10b5-1 trading plan indicates that this was a discretionary open-market disposition, making it more notable to market observers than routine automated sales.