Form 4: Blue Owl Capital Inc. Co-CEO Douglas Ostrover Reports Acquisition of Class C Shares and Operating Group Units

Douglas Ostrover, Co-CEO of Blue Owl Capital Inc., reports the acquisition of 273,611 Class C Shares and Blue Owl Operating Group Units on November 7, 2024.

Summary

• On November 7, 2024, Douglas Ostrover, Co-CEO of Blue Owl Capital Inc., reported acquiring 273,611 Class C Shares at a price of $0.
• Following the transaction, Ostrover indirectly owns 3,660,367 Class C Shares.
• The acquisition is related to the issuance of Class P Units to Blue Owl Management Vehicle, with Ostrover holding corresponding Incentive Units.
• These Incentive Units, once vested and after a lock-up period, can be settled for Blue Owl Operating Group Units and Class C Shares.
• The Blue Owl Operating Group Units can be exchanged for Class A shares or a cash payment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation and alignment of interests. There are no indications of negative performance or concerns.

Future Outlook

The Blue Owl Operating Group Units may be exchanged from time to time at the request of the reporting person for an equal number of newly issued shares of the Issuer's Class A common stock or a cash payment.

Industry Context

This filing reflects standard executive compensation practices involving equity-based incentives to align management interests with shareholder value.

Stakeholder Impact

• The transaction aligns management's interests with those of shareholders through equity ownership.

Key Dates