Nicholson Logan 4
Research Summary
AI-generated summary
Blue Owl (OBDC) President Logan Nicholson Buys 10,000 Shares
What Happened Logan Nicholson, President of Blue Owl Capital Corp (ticker: OBDC), purchased a total of 10,000 shares in open-market transactions on February 27, 2026. The reported weighted-average price was $11.32 per share (range $11.27–$11.40), for an aggregate cost of approximately $113,200. These were purchases (buying stock), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: February 27, 2026 (reported on Form 4 filed March 2, 2026).
- Trades reported: 5,525 shares @ $11.32 ($62,543) and 4,475 shares @ $11.32 ($50,657); total 10,000 shares for ~$113,200.
- Price note: Weighted-average price $11.32; individual trades ranged from $11.27 to $11.40 (filing says full breakdown available on request).
- Ownership after transaction: Not specified in the provided data.
- Footnotes/filing mechanics: Shares reflected as held by The Logan Nicholson Living Trust; the Form 4 was signed on Mr. Nicholson’s behalf by Karen Hager under a power of attorney dated Aug 6, 2024.
- Timeliness: Filing date Mar 2, 2026 is consistent with the SEC’s 2-business-day reporting window for a Feb 27 transaction.
Context
- These were straight open-market purchases (transaction code P). No options exercise, awards, gifts, or tax-withholding events are reported.
- The filing does not identify Mr. Nicholson as a 10% owner; this appears to be an executive purchase reported in his capacity as President.