LIPSCHULTZ MARC S 4
4 · BLUE OWL CAPITAL INC. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Blue Owl (OWL) CEO Marc Lipschultz Receives 878,709-Share Award
What Happened
- Marc S. Lipschultz, CEO of Blue Owl Capital Inc. (OWL), was granted 878,709 shares on February 12, 2026. The filing reports two entries: an award of 878,709 shares and a related derivative award of 878,709 units, both reported with an acquisition price of $0 (typical for equity awards issued under company plans).
Key Details
- Transaction date: 2026-02-12; Form 4 filed 2026-02-13 (timely filing).
- Reported amounts: 878,709 shares acquired and 878,709 derivative units acquired; reported price per share: $0; total reported cash value: $0.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes:
- The award represents Class C common shares of the Issuer and Common Units of Blue Owl Capital Holdings LP issued to Blue Owl Management Vehicle LP in respect of Class P Units granted to that vehicle on behalf of the reporting person (F1).
- The Incentive Units are fully vested on grant but are subject to a one-year lock-up. Settlement into Common Units and Class C Shares occurs after certain capital account thresholds are met; after the lock-up and cancellation of an equal number of Class C Shares, the operating group units may be exchanged for Class A shares (or cash under certain conditions). Blue Owl Operating Group Units do not expire (F2).
Context
- This filing documents an equity award/issuance (code A) rather than an open-market purchase or sale. The $0 reported price reflects an internally issued award under the company’s omnibus incentive plan, not a market transaction. The award vests immediately but is subject to a one-year transfer/lock-up period and additional settlement conditions described above.
Insider Transaction Report
Form 4
LIPSCHULTZ MARC S
DirectorCo-Chief Executive Officer
Transactions
- Award
Class C Shares
[F1][F2]2026-02-12+878,709→ 6,129,987 total(indirect: See Footnotes) - Award
Blue Owl Operating Group Units
[F1][F2]2026-02-12+878,709→ 6,129,987 total(indirect: See Footnotes)→ Class A Shares (878,709 underlying)
Footnotes (2)
- [F1]Represents shares of Class C common stock of the Issuer ("Class C Shares") and Common Units of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), issued or to be issued to Blue Owl Management Vehicle LP, a Delaware limited partnership ("Blue Owl Management Vehicle"), in respect of Class P Units of Blue Owl Holdings issued to Blue Owl Management Vehicle on behalf of the reporting person pursuant to the Second Amended and Restated Blue Owl Capital Inc. 2021 Omnibus Equity Incentive Plan, as amended from time to time. The reporting person holds Incentive Units of Blue Owl Management Vehicle, which correspond to the Class P Units and the resulting Common Units and Class C Shares on a 1-for-1 basis.
- [F2]The reported Incentive Units of Blue Owl Management Vehicle are fully vested upon the grant date, but are subject to a lock-up period of one year from the grant date. After attainment of required capital account thresholds, Incentive Units settle by delivery of an equal number of Common Units of Blue Owl Holdings ("Blue Owl Operating Group Units") and Class C Shares. After expiration of the lock-up and cancellation of an equal number of Class C Shares, Blue Owl Operating Group Units may be exchanged from time to time at the request of the reporting person for an equal number of newly issued shares of the Issuer's Class A common stock ("Class A Shares") (or at the election of an exchange committee of the general partner of Blue Owl Holdings, a cash payment equal to the five-day volume weighted average price of shares of Class A Shares immediately prior to the applicable exchange date). Blue Owl Operating Group Units do not expire.
Signature
/s/ Neena A. Reddy, as Attorney-in-Fact|2026-02-13