=== 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: Chae Michael
CIK: 0001510762
Role: Officer (CFO & Vice Chairman)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-04-01 | Code: A (Grant or award)
Shares: +152,667 | Price: $0.00
Shares Owned After: 1,168,335 | Ownership: D (Direct)
Footnotes:
[F1] Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 15,267 shares, will vest on July 1, 2027; an additional 10%, or 15,267 shares, will vest on July 1, 2028; an additional 20%, or 30,533 shares, will vest on July 1, 2029; an additional 30%, or 45,800 shares, will vest on July 1, 2030; and the remaining 30%, or 45,800 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 15,267 shares, will vest on July 1, 2027; an additional 10%, or 15,267 shares, will vest on July 1, 2028; an additional 20%, or 30,533 shares, will vest on July 1, 2029; an additional 30%, or 45,800 shares, will vest on July 1, 2030; and the remaining 30%, or 45,800 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)
