'Blackstone' Executive Sells Portion of Shares Worth Approximately 6 Billion Won

Vikrant Sawhney, Chief Administrative Officer at Blackstone Inc. (NYSE: BX), reported in a U.S. Securities and Exchange Commission filing on May 1, 2026, that he sold approximately 30,000 shares of the firm’s common stock on the open market. The shares traded at roughly $126 each, generating total proceeds near $3.8 million (about ₩60 billion). After this sale, he continues to hold around 890,000 Blackstone common shares outright, with a remaining value of approximately $113.7 million (around ₩1.7 trillion). He also noted that, aside from any pecuniary interest, he disclaims beneficial ownership of shares indirectly held through a grantor-retained annuity trust.

On April 23, 2026, Blackstone announced its first-quarter results, declaring a quarterly dividend of $1.16 per share. Then on May 11, alongside Halliburton, the firm unveiled a strategic equity investment of $1 billion (about ₩1.5 trillion) in VoltaGrid, a U.S. energy services company—underscoring its continued execution of large-scale transactions.

Blackstone Inc., headquartered in New York, is one of the world’s largest alternative asset managers. The firm deploys capital across private equity, real estate, credit, and infrastructure on behalf of global institutional and individual investors. Recently, Blackstone has increased its allocation to long-term growth themes, including energy infrastructure, power grids, and AI-related facilities.