=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-04-01
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Blackstone Inc. (BX)
CIK: 0001393818
--- Reporting Owner ---
Name: Baratta Joseph
CIK: 0001574706
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-04-01 | Code: A (Grant or award)
Shares: +124,626 | Price: $0.00
Shares Owned After: 871,599 | Ownership: D (Direct)
Footnotes:
[F1] Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 12,463 shares, will vest on July 1, 2027; an additional 10%, or 12,463 shares, will vest on July 1, 2028; an additional 20%, or 24,925 shares, will vest on July 1, 2029; an additional 30%, or 37,387 shares, will vest on July 1, 2030; and the remaining 30%, or 37,388 shares, will vest on July 1, 2031. As these deferred restricted shares vest, the shares will be delivered to the Reporting Person, except that 1/4 of the vested shares will be held back and delivered on a future date pursuant to the terms of the Reporting Person's award agreement. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.
--- Footnotes (Complete Index) ---
F1: Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 12,463 shares, will vest on July 1, 2027; an additional 10%, or 12,463 shares, will vest on July 1, 2028; an additional 20%, or 24,925 shares, will vest on July 1, 2029; an additional 30%, or 37,387 shares, will vest on July 1, 2030; and the remaining 30%, or 37,388 shares, will vest on July 1, 2031. As these deferred restricted shares vest, the shares will be delivered to the Reporting Person, except that 1/4 of the vested shares will be held back and delivered on a future date pursuant to the terms of the Reporting Person's award agreement. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.
--- Signature ---
/s/ Victoria Portnoy as Attorney-In-Fact (2026-04-03)