Form 4: Blue Owl Capital Corp: Officer Nicholson Logan Reports Changes in Beneficial Ownership Following Merger
SEC Form 4 Filing
Following a merger, Blue Owl Capital Corp officer Nicholson Logan reports changes in beneficial ownership of common stock, including acquisitions and disposals.
Summary
- On January 13, 2025, Nicholson Logan, President of Blue Owl Capital Corp, filed a Form 4 to report changes in beneficial ownership of the company's common stock.
- These changes resulted from the merger agreement dated August 7, 2024, between Blue Owl Capital Corporation, Blue Owl Capital Corporation III (OBDE), and Cardinal Merger Sub Inc.
- Nicholson acquired 11,979 shares of common stock and disposed of 14,479 shares.
- He also acquired 12,468 shares held by The Logan Nicholson Living Trust.
- The acquisitions were in exchange for OBDE common stock, with the market price of Blue Owl Capital Corp's common stock at $14.55 on January 10, 2024.
Sentiment
Score: 7
Explanation: The document is a routine filing related to a merger, indicating standard corporate activity. The sentiment is neutral to slightly positive as it reflects the completion of a planned transaction.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The merger impacts shareholders of both Blue Owl Capital Corp and OBDE.
Key Dates
| Date | Description |
|---|---|
| August 6, 2024 | Date of power of attorney granted to Karen Hager. |
| August 7, 2024 | Date of the Merger Agreement. |
| August 16, 2024 | Mr. Nicholson filed Form 3. |
| January 10, 2024 | Last trading day prior to closing of the merger; stock price was $14.55. |
| January 13, 2025 | Date of the reported transaction and filing of Form 4. |
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