Form 4: Owl Rock Capital Feeder LLC Disposes of 710,000 Class D Shares in Blue Owl Capital Inc.
SEC Form 4
Owl Rock Capital Feeder LLC disposed of 710,000 Class D shares of Blue Owl Capital Inc. to Owl Rock Principals for no consideration.
Summary
- Owl Rock Capital Feeder LLC disposed of 710,000 Class D shares of Blue Owl Capital Inc. on September 13, 2024.
- The shares were transferred to certain Owl Rock Principals for no consideration.
- Following the transaction, Owl Rock Capital Feeder LLC still beneficially owns 173,312,700 Class D Shares and an equal number of Blue Owl Operating Group Units.
- These holdings are on behalf of the Owl Rock Principals and certain non-controlled entities.
- Each Blue Owl Operating Group Unit can be exchanged for one Class B share or a cash payment.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Related Party Transactions
- The transaction involves a disposition of shares to Owl Rock Principals, indicating a related-party transaction.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the internal transfer of shares.
Key Dates
| Date | Description |
|---|---|
| February 21, 2024 | Date of the Second Amended and Restated Exchange Agreement |
| 09/13/2024 | Date of the transaction: disposition of Class D Shares |
| 09/13/2024 | Date of signatures for Owl Rock Capital Feeder LLC and Owl Rock Capital Partners LP |
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