Reddy Neena 4
Research Summary
AI-generated summary
Blue Owl (OWL) GC Neena Reddy Withholds 20,779 Shares for Taxes
What Happened
- Neena Reddy, General Counsel and Secretary of Blue Owl Capital Inc. (OWL), had 20,779 Class A shares withheld by the company on 2026-02-15 to satisfy minimum tax withholding obligations tied to vesting restricted share units (RSUs). The withholding value was $12.30 per share, totaling about $255,582. This is recorded as transaction code F (tax withholding/ payment of exercise price or tax liability), not an open-market sale.
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-18 (timely)
- Shares withheld/disposed: 20,779 at $12.30 per share; total value ≈ $255,582
- Transaction code: F — company withheld shares to meet tax-withholding obligations on RSU vesting
- Footnote: RSUs represent the right to one Class A share upon vesting under the Issuer’s 2021 Omnibus Equity Incentive Plan; withholding satisfied minimum tax obligations
- Shares owned after transaction: not specified in the provided filing excerpt
Context
- This is a routine tax-withholding event tied to RSU vesting, not a discretionary sale or purchase by the insider. Such withholdings are common and do not necessarily indicate insider sentiment about the company’s stock.