Form 4: Blue Owl Capital COO Andrew Polland Reports Share Transactions

Andrew Polland, Chief Operating Officer of Blue Owl Capital Inc., reports transactions involving Class A, Class C, and Class D shares, as well as Blue Owl Operating Group Units.

Summary

• On September 3, 2024, Andrew Polland, the Chief Operating Officer of Blue Owl Capital Inc., reported transactions involving the company's securities.
• Polland received a distribution of 49,647 Blue Owl Operating Group Units and an equal number of Class D Shares, previously held by Dyal Capital SLP LP, and immediately contributed them to an Exchange Vehicle.
• These transactions were exempt from Section 16 of the Securities Exchange Act of 1934 under Rule 16a-13.
• The Exchange Vehicle exchanged 49,647 Blue Owl Operating Group Units for 49,647 Class A Shares, and the corresponding Class C Shares were surrendered and cancelled.
• Following these transactions, Polland directly owns 289,433 Class A Shares and indirectly owns 74,687 Blue Owl Operating Group Units.
• The reported transactions do not reflect any change in Polland's pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, like the COO of Blue Owl Capital, transacts in the company's securities. It provides transparency to the market regarding the holdings and transactions of key personnel.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.
• The transactions do not appear to have any immediate impact on employees, customers, suppliers, or creditors.

Key Dates