Form 4: Dyal Capital SLP LP Disposes of 1,838,539 Class D Shares in Blue Owl Capital Inc.

Dyal Capital SLP LP reports the disposition of 1,838,539 Class D shares of Blue Owl Capital Inc. to certain Dyal Partners.

Summary

• Dyal Capital SLP LP ('Dyal SLP') filed a Form 4 disclosing a transaction in Blue Owl Capital Inc. ('Issuer') stock on September 3, 2024.
• Dyal SLP disposed of 1,838,539 Class D shares to certain Dyal Partners for no consideration.
• Following the transaction, Dyal SLP directly holds 139,822,709 Class D shares.
• These shares are held on behalf of limited partners of Dyal SLP, including Michael Rees, Sean Ward, Andrew Laurino, Andrew Polland, and other officers or directors of the Issuer.
• Each Blue Owl Operating Group Unit, upon cancellation of an equal number of Class D Shares, may be exchanged from time to time for an equal number of the newly issued Issuer's shares of Class B common stock, subject to any applicable transfer restrictions and the terms of the Second Amended and Restate Exchange Agreement, dated as of February 21, 2024, or (at the election of an exchange committee of the general partner of the Blue Owl Operating Group) a cash payment equal to the five-day volume weighted average price of the Issuer's shares of Class A common stock immediately prior to the applicable exchange date.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to a stock transaction. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders trade in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it involves the transfer of shares between related parties.
• The filing provides transparency to stakeholders regarding insider transactions.

Key Dates