Form 4: Blue Owl Capital Inc. Executive Neena Reddy Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Neena Reddy, General Counsel and Secretary of Blue Owl Capital Inc., reports the withholding of 14,882 Class A shares to cover tax obligations related to vesting Restricted Share Units.
Summary
- On February 15, 2025, Neena Reddy, General Counsel and Secretary of Blue Owl Capital Inc., had 14,882 Class A shares withheld by the issuer to satisfy tax obligations.
- This withholding was related to the vesting of Restricted Share Units (RSUs) under the company's 2021 Omnibus Equity Incentive Plan.
- Each RSU represents the right to receive one Class A share upon vesting.
- Following the transaction, Reddy directly owns 491,194 Class A shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations on vested equity, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates changes in Neena Reddy's beneficial ownership of Blue Owl Capital Inc. shares.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction where 14,882 Class A shares were withheld to cover tax obligations related to vesting RSUs. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.