Payne David

Chief Accounting Officer David Payne sold 9,400 shares of BX at $169.97 on 2025-08-07 for $1.6M, reducing holdings by 14.7%.

David Payne, as Chief Accounting Officer, executed a discretionary sale of 9,400 shares at $169.97, representing a meaningful 14.7% reduction of his post-transaction holding to 54,488 shares. The sale occurred at a price $1.06 above the current market level of $168.91, suggesting advantageous execution timing at that point in time. Payne's cross-ticker track record shows 2 prior open-market sales with a 50% well-timed rate at the 90-day mark and average 90-day returns of +5.9%, indicating his historical sells have not consistently preceded declines; at BX specifically, 1 of 2 prior sales showed a negative 90-day return. The sale of a non-trivial share block by the Chief Accounting Officer should be monitored in context of the company's strong fundamentals—$3.7B quarterly revenue with +64.9% annual growth and $764.2M net income—and the stock's current position 15.1% below its 52-week high, though no FLAGS or scheduled trading plan structure is documented in this filing.

Chief Accounting Officer David Payne sold 9,000 shares of BX at $141.93 on 2024-07-31; current price $129.51

David Payne, Chief Accounting Officer, executed an open-market sale of 9,000 shares (9.0K shares) at $141.93 on 2024-07-31, reducing his holdings by 15.1% from 59,476 to 50,476 shares and generating $1,277,370.00 in proceeds. The sale occurred near Blackstone's 52-week high of $143.62, and the stock has since declined 9.8% to a current price of $129.51. Payne's cross-ticker track record shows 1 prior sell with a 90-day return of -7.8% and a 100.00% well-timed rate, and his prior BX sale on 2023-07-26 also produced a -7.8% 90-day return, demonstrating a pattern of selling before subsequent declines. The underlying business faces headwinds, with annual revenue declining 5.8% year-over-year, though recent quarterly revenue of $2,796,381,000.00 and net income of $444,414,000.00 remain substantial.