Patel Viral 4

What Happened

• Viral Patel, CEO of Blackstone Private Equity Strategies Fund L.P., acquired 27,984.866 shares on 2026-03-26 at $35.73 per share, a total reported purchase value of $1,000,000. The filing records the transaction as a purchase (code P), noted as an open-market or private purchase.

Key Details

• Transaction date: 2026-03-26; Filing date: 2026-03-27 (Form 4 filed the next day).
• Price per share: $35.73; Shares acquired: 27,984.866; Total value: $1,000,000.
• Transaction type: Purchase (code P) — described as open-market or private purchase in the filing.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No footnotes (e.g., 10b5-1 plan, tax withholding) or late-filing flags were included in the excerpt.

Context

• Purchases by executives are often watched by investors as a sign of confidence, but they do not guarantee future company performance. This Form 4 reports an outright purchase rather than an option exercise, gift, or award. The filing appears timely (filed one day after the reported transaction).