Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-14

Blackstone Inc. (BX)

CEO Stephen Schwarzman was paid $125,641,824 in fiscal year 2025, ↑ up 49.5% from fiscal year 2024 (SEC filing 0001193125-26-082531 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$125,641,824 ↑
Stephen Schwarzman total, FY2025
—
CEO pay percentile vs peers
456.9:1
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

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- Stephen Schwarzman (Co-Founder, Chairman and Chief Executive Officer), FY2025 total compensation $125,641,824 (base salary $350,000) [exec_comp, SEC accession 0001193125-26-082531, filed 2026-02-27]

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BX's next annual pay disclosure, estimated February 27, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Stephen Schwarzman$350,000$0$0$0$0$0$125,291,824$125,641,824
Co-Founder, Chairman and Chief Executive Officer
Jonathan Gray350,000036,810,88000058,924,60296,085,482
President and Chief Operating Officer
Michael Chae350,000020,842,8360008,086,77929,279,615
Vice Chairman and Chief Financial Officer
Vikrant Sawhney350,000016,848,92300010,583,85027,782,773
Chief Administrative Officer and Global Head of Institutional Client Solutions
John Finley350,0003,415,70116,738,0910003,159,07423,662,866
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Stephen Schwarzman$125,641,824$84,027,074$119,784,375↑ +41,614,750
Jonathan Gray96,085,48277,312,788125,338,127↑ +18,772,694
Michael Chae29,279,61521,486,46526,381,288↑ +7,793,150
Vikrant Sawhney27,782,77322,219,83225,073,524↑ +5,562,941
John Finley23,662,86617,153,19117,908,548↑ +6,509,675

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$125,641,824 Stephen Schwarzman total, FY2025

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Data as of October 14, 2026 · Source: 0001193125-26-082531 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against BX
7 companies name BX as a compensation peer

Each company listed discloses BX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Jonathan GrayPresident$96,085,482
Michael ChaeCFO$29,279,615
Stephen SchwarzmanCEO$125,641,824
Vikrant SawhneyExecutive$27,782,773
John FinleyGeneral Counsel$23,662,866
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D1$0$0Common, indirectForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D13,80510138,050Derivative, Class A CommonForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D2,404,9611024,049,610Derivative, Class A CommonForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D100Common, indirectForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D1,208,1261012,081,260Common, indirectForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D2,1611021,610Common, indirectForm 4 ↗
Blackstone Tactical Opportunities Fund - U - NQ L.L.C.Greater-than-10% holder2026-02-27D385,855103,858,550Common, indirectForm 4 ↗
Blackstone Holdings I L.P.Greater-than-10% holder2026-03-03D25,00019475,000Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04D1,083,082——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04D7,166,71600Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04A7,166,716——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04D1,083,08200Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04D7,166,716——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-04A1,083,082——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05D162,46200Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05D1,075,00700Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05A1,075,007——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05D1,075,007——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05D162,462——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-05A162,462——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-10D8,241,72341333,855,715Common, indirectForm 4 ↗
John G. FinleyChief Legal Officer2026-03-10A7,50000CommonForm 4 ↗
John G. FinleyChief Legal Officer2026-03-10D7,50000CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-10D1,245,5444150,454,496Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-10D1,886,6364176,423,851Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-10D16,479,08341667,534,694Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-03-10D366,337——Common, indirectForm 4 ↗
Blackstone Holdings IV GP Management (Delaware) L.P.Greater-than-10% holder2026-03-20A1,912,045.892650,000,000Common, indirectForm 4 ↗
Blackstone Holdings IV GP Management (Delaware) L.P.Greater-than-10% holder2026-03-20A956,022.952625,000,000Common, indirectForm 4 ↗
James W. BreyerDirector2026-04-01A1,96100CommonForm 4 ↗
Joseph P. BarattaDirector2026-04-01A124,62600CommonForm 4 ↗
Reginald J. BrownDirector2026-04-01A1,96100CommonForm 4 ↗
John G. FinleyChief Legal Officer2026-04-01A152,22200CommonForm 4 ↗
David PayneChief Accounting Officer2026-04-01A17,80400CommonForm 4 ↗
Jonathan GrayDirector2026-04-01A302,66200CommonForm 4 ↗
Michael ChaeCFO & Vice Chairman2026-04-01A152,66700CommonForm 4 ↗
Rochelle B. LazarusDirector2026-04-01A1,96100CommonForm 4 ↗
Ruth PoratDirector2026-04-01A1,96100CommonForm 4 ↗
Vikrant SawhneyChief Administrative Officer2026-04-01A129,07700CommonForm 4 ↗
William G. ParrettDirector2026-04-01A2,04800CommonForm 4 ↗
Blackstone EMA III L.L.C.Greater-than-10% holder2026-04-09D9,528,699——Derivative, Class A CommonForm 4 ↗
Blackstone EMA III L.L.C.Greater-than-10% holder2026-04-09D5,865,41354316,732,302Common, indirectForm 4 ↗
Blackstone EMA III L.L.C.Greater-than-10% holder2026-04-09D9,528,69954514,549,746Common, indirectForm 4 ↗
Blackstone EMA III L.L.C.Greater-than-10% holder2026-04-09D9,528,699——Common, indirectForm 4 ↗
Blackstone EMA III L.L.C.Greater-than-10% holder2026-04-09A9,528,699——Common, indirectForm 4 ↗
Vikrant SawhneyChief Administrative Officer2026-05-01D13,0491261,645,609CommonForm 4 ↗
Vikrant SawhneyChief Administrative Officer2026-05-01D16,9651262,129,956CommonForm 4 ↗
Ruth PoratDirector2026-05-11A83.7412310,281CommonForm 4 ↗
Ruth PoratDirector2026-05-11A229.512328,272CommonForm 4 ↗
Ruth PoratDirector2026-05-11A125.6112315,421CommonForm 4 ↗
Blackstone Treasury Holdings III L.L.C.Greater-than-10% holder2026-05-15A375,000207,500,000Common, indirectForm 4 ↗
Blackstone Treasury Holdings III L.L.C.Greater-than-10% holder2026-05-15A9,111,79520182,235,900Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21D1,489,924——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21D1,489,92400Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21D9,858,77400Derivative, Class A CommonForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21D9,858,774——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21A1,489,924——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-21A9,858,774——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-28D19,712,32637720,239,111Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-28D438,214——Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-28D2,256,8003782,457,830Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-28D9,858,77437360,214,955Common, indirectForm 4 ↗
BCP 8 Holdings Mozart Manager L.L.C.Greater-than-10% holder2026-05-28D1,489,9243754,438,098Common, indirectForm 4 ↗
Blackstone Private Multi-Asset Credit & Income FundGreater-than-10% holder2026-06-23A765,110.942620,000,000Common, indirectForm 4 ↗
Blackstone Private Multi-Asset Credit & Income FundGreater-than-10% holder2026-07-23A573,613.772615,000,000Common, indirectForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-07-31D23,101,73322504,772,866Common, indirectForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-07-31A6,593,919——Common, indirectForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-07-31D6,593,91900Derivative, Class A CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-07-31D6,593,91922144,077,130Common, indirectForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-07-31D6,593,919——Common, indirectForm 4 ↗
William G. ParrettDirector2026-08-03D1,500——CommonForm 4 ↗
William G. ParrettDirector2026-08-03A1,500——CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-04D32,019254,432Common, indirectForm 4 ↗
Vikrant SawhneyChief Administrative Officer2026-08-04D11,5921361,575,994CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-04D14,316224,337Common, indirectForm 4 ↗
Vikrant SawhneyChief Administrative Officer2026-08-04D18,4081352,490,494CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-04D1,853,66523,151,231Common, indirectForm 4 ↗
Argon Holdco LLCGreater-than-10% holder2026-08-10D14,500,00034491,115,000Common, indirectForm 4 ↗
Ruth PoratDirector2026-08-10A84.0513711,541CommonForm 4 ↗
Ruth PoratDirector2026-08-10A126.0713717,312CommonForm 4 ↗
Ruth PoratDirector2026-08-10A245.0213733,592CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-11D46,817148,713Common, indirectForm 4 ↗
David PayneChief Accounting Officer2026-08-11D9,5001451,379,685CommonForm 4 ↗
John G. FinleyChief Legal Officer2026-08-11D19,8021472,906,934CommonForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-11D2,710,37412,820,144Common, indirectForm 4 ↗
Blackstone Holdings II L.P.Greater-than-10% holder2026-08-11D20,933121,781Common, indirectForm 4 ↗
John G. FinleyChief Legal Officer2026-08-11D25,1981473,713,177CommonForm 4 ↗
Joseph P. BarattaDirector2026-09-18D57,7541247,169,004CommonForm 4 ↗
Joseph P. BarattaDirector2026-09-18D42,2461235,211,044CommonForm 4 ↗
Blackstone Holdings IV L.P.Greater-than-10% holder2026-09-23A191,058.46265,000,000Common, indirectForm 4 ↗
Blackstone Holdings IV L.P.Greater-than-10% holder2026-09-23A636.672616,662Common, indirectForm 4 ↗
Blackstone Holdings I L.P.Greater-than-10% holder2026-09-24D400176,808Common, indirectForm 4 ↗
Blackstone Holdings I L.P.Greater-than-10% holder2026-09-25D124,600162,043,440Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D3,25439,561Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D14,902343,784Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D1,652,20934,854,355Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D544,64631,600,224Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D204,1093599,693Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D1,257,28033,694,014Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-09-28D91,3763268,472Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D2,38748,455Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D10,930438,717Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D1,211,82744,292,655Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D399,47641,415,064Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D149,7054530,300Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D922,16443,266,582Common, indirectForm 4 ↗
BX Buzz ML-1 GP LLCGreater-than-10% holder2026-10-13D67,0214237,408Common, indirectForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael ChaeRSU2025-04-01——100,811—$14,395,811
Michael ChaeRSU2026-01-12——41,174—6,447,025
John FinleyRSU2025-04-01——100,811—14,395,811
John FinleyRSU2026-01-12——14,959—2,342,280
Jonathan GrayRSU2026-01-12——51,216—8,019,401
Jonathan GrayRSU2025-04-01——201,621—28,791,479
Vikrant SawhneyRSU2025-04-01——85,689—12,236,389
Vikrant SawhneyRSU2026-01-12——29,458—4,612,534
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Chae$20,842,836$0$00.0%
John Finley16,738,091000.0%
Jonathan Gray36,810,880000.0%
Vikrant Sawhney16,848,923000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Vikrant SawhneyRSU393,565—$60,735,987
Jonathan GrayRSU1,197,218—184,664,150
Michael ChaeRSU448,349—69,208,979
John FinleyRSU371,152—57,245,869
05

Incentive-plan design — the Compensation Discussion & Analysis

Blackstone's compensation philosophy is designed to retain and motivate senior managing directors by aligning their interests with those of fund investors and stockholders, primarily through annual cash bonuses tied to firm and business unit performance, performance interests (carried interest and incentive fees) tied to fund investment performance, and deferred equity awards reflecting the value of common stock. The program emphasizes that base salary should be a significantly lesser component of total compensation, with the proportion of 'at risk' compensation increasing with the level of responsibility.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)456.9 : 1
CEO total compensation$125,641,824
Median employee compensation$275,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William G. ParrettIndependent · Audit (Chair)$180,000$220,061———$400,061
Reginald J. BrownIndependent150,000210,180———360,180
Rochelle B. LazarusIndependent · Audit150,000210,145———360,145
James W. BreyerIndependent · Audit150,000210,049———360,049
Ruth PoratIndependent · Audit150,000210,047———360,047
Stephen A. SchwarzmanEmployee director · Board Chair · Compensation · Executive—————0
Joseph P. BarattaEmployee director · Executive00———0
Jonathan D. GrayEmployee director · Executive—————0
Michael S. ChaeEmployee director——————
Vikrant SawhneyEmployee director——————
John G. FinleyEmployee director——————
09

Board fee structure and ownership guideline

Annual cash retainer$150,000
Annual equity retainer$210,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)40,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$780,000
Equity awards (grant-date value)$1,060,482
All other compensation$0
Total cost of the board$1,840,482

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Blackstone Inc.2025Stephen Schwarzman$350,000$0$0$0$125,641,824

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Blackstone Inc. in fiscal 2025?
As disclosed, Stephen Schwarzman (Co-Founder, Chairman and Chief Executive Officer) was the highest-paid executive at Blackstone Inc. in fiscal 2025, with total compensation of $125,641,824.
What is Blackstone Inc.'s CEO-to-median employee pay ratio?
As disclosed, Blackstone Inc.'s CEO-to-median employee pay ratio was 456.9:1.
How much does Blackstone Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Blackstone Inc. reported total board compensation of $1,840,482 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Stephen Schwarzman10-K2026-02-270001193125-26-082531Section “Executive Compensation”. As printed: 125,641,824. Filing ↗machine: span 8525664–8525675
2Section 01, Jonathan Gray10-K2026-02-270001193125-26-082531Section “Executive Compensation”. As printed: 96,085,482. Filing ↗machine: span 8532375–8532385
3Section 01, Michael Chae10-K2026-02-270001193125-26-082531Section “Executive Compensation”. As printed: 29,279,615. Filing ↗machine: span 8539051–8539061
4Section 01, Vikrant Sawhney10-K2026-02-270001193125-26-082531Section “Executive Compensation”. As printed: 27,782,773. Filing ↗machine: span 8552185–8552195
5Section 01, John Finley10-K2026-02-270001193125-26-082531Section “Executive Compensation”. As printed: 23,662,866. Filing ↗machine: span 8545763–8545773
6Section 03, Michael Chae RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Michael Chae RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, John Finley RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
9Section 03, John Finley RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 03, Jonathan Gray RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
11Section 03, Jonathan Gray RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
12Section 03, Vikrant Sawhney RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Vikrant Sawhney RSUDEF 14A2026-02-270001193125-26-082531Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
14Section 07, pay ratioDEF 14A2026-02-270001193125-26-082531Section “CEO Pay Ratio”. As printed: 456.9 : 1. Filing ↗
15Section 08, William G. ParrettDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 400,061. Filing ↗machine: span 8704415–8704422
16Section 08, Reginald J. BrownDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 360,180. Filing ↗machine: span 8701926–8701933
17Section 08, Rochelle B. LazarusDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 360,145. Filing ↗machine: span 8703152–8703159
18Section 08, James W. BreyerDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 360,049. Filing ↗machine: span 8700664–8700671
19Section 08, Ruth PoratDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 360,047. Filing ↗machine: span 8705632–8705639
20Section 08, Stephen A. SchwarzmanDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Joseph P. BarattaDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Jonathan D. GrayDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Michael S. ChaeDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: —. Filing ↗
24Section 08, Vikrant SawhneyDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: —. Filing ↗
25Section 08, John G. FinleyDEF 14A2026-02-270001193125-26-082531Section “Director Compensation”. As printed: —. Filing ↗
26Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Blackstone Tactical Opportunities Fund - U - NQ L.L.C. 2026-02-27Form 42026-03-030001193125-26-089103Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Blackstone Holdings I L.P. 2026-03-03Form 42026-05-120001193125-26-220232Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-04Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-05Form 42026-03-060001193125-26-096827Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-10Form 42026-03-120001193125-26-104180Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, John G. Finley 2026-03-10Form 42026-03-120001193125-26-104169Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, John G. Finley 2026-03-10Form 42026-03-120001193125-26-104169Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-10Form 42026-03-120001193125-26-104180Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-10Form 42026-03-120001193125-26-104180Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-10Form 42026-03-120001193125-26-104180Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-03-10Form 42026-03-120001193125-26-104180Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Blackstone Holdings IV GP Management (Delaware) L.P. 2026-03-20Form 42026-03-230001213900-26-032972Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Blackstone Holdings IV GP Management (Delaware) L.P. 2026-03-20Form 42026-03-230001213900-26-032972Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, James W. Breyer 2026-04-01Form 42026-04-030001193125-26-142375Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Joseph P. Baratta 2026-04-01Form 42026-04-030001193125-26-142385Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Reginald J. Brown 2026-04-01Form 42026-04-030001193125-26-142393Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, John G. Finley 2026-04-01Form 42026-04-030001193125-26-142380Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, David Payne 2026-04-01Form 42026-04-030001193125-26-142382Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Jonathan Gray 2026-04-01Form 42026-04-030001193125-26-142384Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Michael Chae 2026-04-01Form 42026-04-030001193125-26-142387Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Rochelle B. Lazarus 2026-04-01Form 42026-04-030001193125-26-142399Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Ruth Porat 2026-04-01Form 42026-04-030001193125-26-142413Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Vikrant Sawhney 2026-04-01Form 42026-04-030001193125-26-142374Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, William G. Parrett 2026-04-01Form 42026-04-030001193125-26-142395Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Blackstone EMA III L.L.C. 2026-04-09Form 42026-04-090001193125-26-149867Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Blackstone EMA III L.L.C. 2026-04-09Form 42026-04-090001193125-26-149867Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Blackstone EMA III L.L.C. 2026-04-09Form 42026-04-090001193125-26-149867Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Blackstone EMA III L.L.C. 2026-04-09Form 42026-04-090001193125-26-149867Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Blackstone EMA III L.L.C. 2026-04-09Form 42026-04-090001193125-26-149867Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Vikrant Sawhney 2026-05-01Form 42026-05-010001193125-26-201508Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Vikrant Sawhney 2026-05-01Form 42026-05-010001193125-26-201508Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Ruth Porat 2026-05-11Form 42026-05-130001193125-26-221785Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Ruth Porat 2026-05-11Form 42026-05-130001193125-26-221785Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Ruth Porat 2026-05-11Form 42026-05-130001193125-26-221785Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Blackstone Treasury Holdings III L.L.C. 2026-05-15Form 42026-05-190001193125-26-230882Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Blackstone Treasury Holdings III L.L.C. 2026-05-15Form 42026-05-190001193125-26-230882Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-21Form 42026-05-260001193125-26-239438Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-28Form 42026-06-010001193125-26-251451Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-28Form 42026-06-010001193125-26-251451Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-28Form 42026-06-010001193125-26-251451Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-28Form 42026-06-010001193125-26-251451Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, BCP 8 Holdings Mozart Manager L.L.C. 2026-05-28Form 42026-06-010001193125-26-251451Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Blackstone Private Multi-Asset Credit & Income Fund 2026-06-23Form 42026-06-240001213900-26-071510Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Blackstone Private Multi-Asset Credit & Income Fund 2026-07-23Form 42026-07-240001213900-26-081436Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Blackstone Holdings II L.P. 2026-07-31Form 42026-08-040001193125-26-332966Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Blackstone Holdings II L.P. 2026-07-31Form 42026-08-040001193125-26-332966Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Blackstone Holdings II L.P. 2026-07-31Form 42026-08-040001193125-26-332966Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Blackstone Holdings II L.P. 2026-07-31Form 42026-08-040001193125-26-332966Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Blackstone Holdings II L.P. 2026-07-31Form 42026-08-040001193125-26-332966Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, William G. Parrett 2026-08-03Form 42026-08-050001193125-26-335158Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, William G. Parrett 2026-08-03Form 42026-08-050001193125-26-335158Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Blackstone Holdings II L.P. 2026-08-04Form 42026-08-060001193125-26-338213Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Vikrant Sawhney 2026-08-04Form 42026-08-050001193125-26-335160Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Blackstone Holdings II L.P. 2026-08-04Form 42026-08-060001193125-26-338213Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Vikrant Sawhney 2026-08-04Form 42026-08-050001193125-26-335160Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Blackstone Holdings II L.P. 2026-08-04Form 42026-08-060001193125-26-338213Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Argon Holdco LLC 2026-08-10Form 42026-08-120001193125-26-347014Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Ruth Porat 2026-08-10Form 42026-08-120001193125-26-347281Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Ruth Porat 2026-08-10Form 42026-08-120001193125-26-347281Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Ruth Porat 2026-08-10Form 42026-08-120001193125-26-347281Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Blackstone Holdings II L.P. 2026-08-11Form 42026-08-130001193125-26-349583Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, David Payne 2026-08-11Form 42026-08-120001193125-26-347283Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, John G. Finley 2026-08-11Form 42026-08-120001193125-26-347284Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Blackstone Holdings II L.P. 2026-08-11Form 42026-08-130001193125-26-349583Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Blackstone Holdings II L.P. 2026-08-11Form 42026-08-130001193125-26-349583Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, John G. Finley 2026-08-11Form 42026-08-120001193125-26-347284Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Joseph P. Baratta 2026-09-18Form 42026-09-180001193125-26-395751Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Joseph P. Baratta 2026-09-18Form 42026-09-180001193125-26-395751Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Blackstone Holdings IV L.P. 2026-09-23Form 42026-09-240001213900-26-103146Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Blackstone Holdings IV L.P. 2026-09-23Form 42026-09-240001213900-26-103146Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Blackstone Holdings I L.P. 2026-09-24Form 42026-09-280001193125-26-405400Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Blackstone Holdings I L.P. 2026-09-25Form 42026-09-280001193125-26-405400Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, BX Buzz ML-1 GP LLC 2026-09-28Form 42026-09-300001193125-26-409256Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, BX Buzz ML-1 GP LLC 2026-10-13Form 42026-10-140001193125-26-421998Insider equity transaction reported since the proxy statement. Filing ↗
133Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
134Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
135Section 09b board cost (computed)Computed——Cash 780,000 + equity 1,060,482 + all other 0 = 1,840,482, summed across the director compensation table rows.machine: formula: Σ = 1,840,482
136Blackstone Inc. (subject), Section 10b CEO total10-K2026-02-270001193125-26-082531CEO total compensation as printed in Blackstone Inc.'s own proxy. As printed: 125,641,824. Filing ↗machine: span 8525664–8525675

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