Form 4: Blue Owl Capital CFO Alan Kirshenbaum Donates 10,000 Shares to Charity

Sentiment:

SEC Form 4 Filing


Blue Owl Capital's CFO, Alan Kirshenbaum, made a charitable donation of 10,000 Class D shares indirectly owned through Owl Rock Capital Feeder LLC.

Summary

  • On September 13, 2024, Alan Kirshenbaum, the Chief Financial Officer of Blue Owl Capital Inc., donated 10,000 Class D shares to National Philanthropic Trust.
  • The shares were indirectly owned through Owl Rock Capital Feeder LLC and were distributed to Mr. Kirshenbaum before being donated.
  • Following the transaction, Mr. Kirshenbaum beneficially owns 57,696 Class D shares indirectly through Owl Rock Feeder.
  • These shares are associated with an equal number of Blue Owl Operating Group Units.
  • Mr. Kirshenbaum disclaims beneficial ownership of securities held by Owl Rock Feeder except to the extent of his pecuniary interest.
  • The reported amounts exclude 5,086,389 Paired Units held directly by Owl Rock Feeder on behalf of Alan Kirshenbaum 2015 Family Trust and Kirshenbaum 2019 Family Trust, because he neither serves as a trustee nor exercises investment control of either such trust.

Sentiment

Score: 7

Explanation: The document reflects a neutral event (charitable donation) with no apparent negative implications for the company. The CFO's donation could be viewed positively from a corporate social responsibility perspective.

Positives

  • The donation to National Philanthropic Trust is a positive philanthropic action.

Industry Context

Form 4 filings are a routine part of insider transactions and are common in the financial industry.

Stakeholder Impact

  • The donation may have a positive impact on the recipient charity, National Philanthropic Trust.

Key Dates

DateDescription
02/21/2024Date of the Second Amended and Restated Exchange Agreement
09/13/2024Date of the transaction (gift/charitable donation)

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