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BLACKSTONE MORTGAGE TRUST, INC.

For the period ended Mar 31, 2026. Filed Apr 29, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 29, 2026

BXMT$11.16-2.5%Stored close · as of Nov 6, 2026

What changed in Risk Factors?

Read the current filing

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 20 previous paragraphs and 20 current paragraphs.

11 unchanged; 9 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

The current filing states there were no material changes to risk factors.

This is the filer’s own statement, not a conclusion from the comparison. Read its qualifications and the report it references.

Current filing’s statement

There have been no material changes to the risk factors previously disclosed under “Part I, Item 1A. Risk Factors” of our
Reworded paragraphs (9)

Previous wording

(2)In July 2024, our board of directors authorized the repurchase of up to$150.0 million of our class A common stock.

Current wording

(2)In October 2025, our board of directors authorized the repurchase of up to $150.0 million of shares of our class A

Previous wording

Under the repurchase program, repurchases may be made from time to time in open market transactions, in privately

Current wording

common stock under our repurchase program. Repurchases may be made from time to time in open market

Previous wording

negotiated transactions, in agreements and arrangements structured in a manner consistent with Rules 10b-18 and

Current wording

transactions, in privately negotiated transactions, in agreements and arrangements structured in a manner

Previous wording

10b5-1 under the Exchange Act or otherwise. The timing and the actual amounts repurchased will depend on a

Current wording

consistent with Rules 10b-18 and 10b5-1 under the Exchange Act or otherwise. The timing and the actual amounts

Previous wording

variety of factors, including legal requirements, price and economic and market conditions. The repurchase program

Current wording

repurchased will depend on a variety of factors, including legal requirements, price and economic and market

Previous wording

may be changed, suspended or discontinued at any time and does not have a specified expiration date. See Note 15

Current wording

conditions. The repurchase program may be changed, suspended or discontinued at any time and does not have a

Previous wording

to our consolidated financial statements and “Part I. Item 2. Management’s Discussion and Analysis of Financial

Current wording

specified expiration date. See Note 14 to our consolidated financial statements and “Part I. Item 2. Management’s

Previous wording

Condition and Results of Operations — Liquidity and Capital Resources —Uses of Liquidity” for further

Current wording

Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources —

Previous wording

information regarding this repurchase program, including activity during October 2025.

Current wording

Uses of Liquidity” for further information regarding this repurchase program, including activity during October