Bissonnette Erik 4

Research Summary

AI-generated summary

Updated

Blue Owl Technology Finance (OTF) President Erik Bissonnette Buys Shares

What Happened

  • Erik Bissonnette, President of Blue Owl Technology Finance Corp. (OTF), reported two purchases (code P) on 2025-09-05. Each purchase was for 5,000 shares at $14.70 per share, for a total of 10,000 shares and $147,000 acquired. These were purchases (a net buy), which investors often view as a more informative signal than routine sales.

Key Details

  • Transaction date: 2025-09-05
  • Transaction type: Open market or private purchases (code P)
  • Price per share: $14.70
  • Shares purchased: 5,000 + 5,000 = 10,000 shares
  • Total value: $73,500 + $73,500 = $147,000
  • Shares owned after transaction: Not disclosed in the provided Form 4
  • Footnote: F1 reflects shares held jointly by Mr. Bissonnette and his spouse
  • Signature/authority: Filing signed on his behalf by Karen Hager under a power of attorney dated August 6, 2024 (previously filed)
  • Filing timing: The Form 4 was filed 2026-01-30 for a 2025-09-05 transaction — this appears late relative to the SEC’s 2-business-day reporting rule for insiders

Context

  • These were straightforward purchases (no options exercised, no awards or gifts). The filing does not indicate a 10b5-1 plan or any immediate sale of the purchased shares. Joint-holding footnote means reported holdings may include the spouse; consult the full Form 4 for complete ownership details. Late filing may affect the usefulness of the timing information for short-term traders.