Form 4: Blue Owl Capital Inc. Director Sean Jason Ward Reports Changes in Beneficial Ownership

Sean Jason Ward, a director and Senior Managing Director at Blue Owl Capital Inc., reported transactions involving Class A and Class C shares, as well as Blue Owl Operating Group Units, primarily related to distributions, exchanges, and a sale by Dyal Capital Partners IV Holdings (A) LP.

Summary

• On November 6, 2024, Sean Jason Ward, a director at Blue Owl Capital Inc., reported several transactions.
• 30,166,206 Class C Shares and an equal number of Blue Owl Operating Group Units were distributed by Owl Rock Capital Feeder LLC to Dyal Capital Partners IV Holdings (A) LP (Dyal IV).
• Dyal IV exchanged 30,166,206 Blue Owl Operating Group Units for 30,166,206 Class A Shares, leading to the cancellation of the same number of Class C Shares.
• Dyal IV sold 30,166,206 Class A shares at $22.70 per share in an unregistered block trade.
• Ward disclaims beneficial ownership of securities held by Dyal IV and other entities except to the extent of his indirect pecuniary interest.
• Ward also has a reportable interest in 66,773,794 Class C Shares and Blue Owl Operating Group Units held by Owl Rock Feeder on behalf of Dyal IV.
• The report also mentions holdings of Class C Shares and Blue Owl Group Operating Units issued to Blue Owl Management Vehicle LP, and securities received by Blue Owl GP Stakes II (A) LP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry. It provides transparency into the trading activities of key personnel and their affiliated entities.

Key Dates