Form 4: Blue Owl Capital Inc. Executive Andrew Laurino Reports Significant Share Transactions

Senior Managing Director Andrew Laurino reports the distribution, exchange, and sale of Blue Owl Capital shares and operating units.

Summary

• On May 6, 2024, Andrew Laurino, a Senior Managing Director at Blue Owl Capital Inc., reported a series of transactions involving Class A and Class C shares, as well as Blue Owl Operating Group Units.
• Owl Rock Capital Feeder LLC distributed 19,600,000 Class C Shares and an equal number of Blue Owl Operating Group Units to Dyal Capital Partners IV Holdings (Dyal IV), in which Laurino has an indirect economic interest.
• Dyal IV then exchanged 19,600,000 Blue Owl Operating Group Units for 19,600,000 Class A Shares, leading to the cancellation of the 19,600,000 Class C Shares.
• Dyal IV sold 19,600,000 Class A Shares in an unregistered block trade at $17.97 per share.
• Laurino also indirectly holds 1,350,419 Class C Shares and Blue Owl Group Operating Units through Blue Owl Management Vehicle LP related to the 2021 Omnibus Equity Incentive Plan.
• Following these transactions, Laurino directly owns 272,972 Class A Shares and indirectly owns 1,350,419 Class C Shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing share transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transactions may influence shareholder perception of the company's stock.
• The sale of shares by Dyal IV could potentially impact the stock's liquidity.

Key Dates