Form 4: Blue Owl Capital Co-CEO Marc Lipschultz Donates 400,000 Shares to Charity

Blue Owl Capital's Co-CEO, Marc Lipschultz, gifted 400,000 Class D shares indirectly owned through Owl Rock Capital Feeder LLC to the National Philanthropic Trust on September 13, 2024.

Summary

• On September 13, 2024, Marc Lipschultz, Co-CEO of Blue Owl Capital Inc., donated 400,000 Class D shares to the National Philanthropic Trust.
• The shares were indirectly owned through Owl Rock Capital Feeder LLC.
• Following the transaction, Mr. Lipschultz beneficially owns 57,695,038 Class D shares indirectly through Owl Rock Feeder.
• These shares are associated with an equal number of Blue Owl Operating Group Units.
• Mr. Lipschultz disclaims beneficial ownership of the securities held by Owl Rock Feeder except to the extent of his pecuniary interest therein.

Sentiment

Score: 7

Explanation: The document itself is neutral, simply reporting a transaction. The charitable donation could be viewed positively, but the filing is primarily informational.

Positives

• The donation of shares to a charitable trust is a philanthropic act.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as executives and directors. This filing indicates a donation of shares by the Co-CEO.

Stakeholder Impact

• The donation may have a minor positive impact on shareholder sentiment due to the philanthropic nature of the transaction.

Key Dates