Form 4: Blue Owl Capital Inc. Executive Andrew Laurino Ceases Section 16(a) Reporting

Senior Managing Director Andrew Laurino will no longer file Section 16(a) reports for Blue Owl Capital Inc. as he does not perform policy-making functions as defined by the SEC.

Summary

• Andrew Charles Laurino, a Senior Managing Director at Blue Owl Capital Inc., will cease filing Section 16(a) reports.
• The decision is based on the determination that Mr. Laurino does not perform any policy-making functions as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934.
• Therefore, he no longer meets the definition of an 'officer' of the Issuer under Rule 16a-1(f) of the Exchange Act.

Sentiment

Score: 7

Explanation: The document is neutral in tone, simply stating a change in reporting requirements due to a specific determination. It's a procedural update, not indicative of positive or negative performance.

Management Comments

• Mr. Laurino currently serves as a Senior Managing Director of the Issuer and the Board has determined that he does not perform any policy-making functions (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (the 'Exchange Act')) for the Issuer.

Industry Context

This announcement is specific to compliance with SEC regulations regarding insider reporting and doesn't directly reflect broader industry trends.

Stakeholder Impact

• Shareholders may see a slight reduction in the volume of insider transaction reports.

Key Dates