Ostrover Douglas I 4
4 · BLUE OWL CAPITAL INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Blue Owl (OWL) CEO Douglas Ostrover Receives Award of 788,882 Shares
What Happened
- Douglas I. Ostrover, CEO of Blue Owl Capital Inc. (OWL), received a grant/award recorded on May 7, 2026 for 788,882 shares (reported at $0.00) and a corresponding derivative entry of 788,882 units (also $0.00). This was an equity award/issuance, not an open‑market purchase or sale, and is reported as having no cash purchase price.
Key Details
- Transaction date: May 7, 2026; filing date: May 8, 2026 (filed the next day).
- Reported amounts: 788,882 Class C shares and a matching 788,882 derivative/unit interest; reported price/value: $0.00.
- Shares/units owned after transaction: not specified in the excerpts provided.
- Footnotes: (F1) Award represents Class C shares and Common Units issued to Blue Owl Management Vehicle in respect of Class P Units issued on behalf of the reporting person; the reporting person holds Incentive Units that correspond 1-for-1 to those Class P Units/Common Units/Class C Shares. (F2) The Incentive Units are fully vested on grant but subject to a one-year lock-up; they settle into Common Units and Class C Shares after certain capital-account thresholds are met and may later be exchanged for Class A shares (or cash in certain cases). Blue Owl Operating Group Units do not expire.
- No late filing flag indicated in the provided data (transaction reported the next day).
Context
- This filing reflects an equity award/settlement structure rather than a cash purchase or sale. The derivative entry reflects the unit/share conversion mechanics: vested incentive units held via a management vehicle that will convert to operating-group units and Class C shares (and may be exchangeable for Class A shares after conditions and lock‑up periods). Such grants are common compensation/long-term-incentive arrangements and do not, by themselves, indicate a market buy or sell.
Insider Transaction Report
Form 4
Ostrover Douglas I
DirectorCo-Chief Executive Officer
Transactions
- Award
Class C Shares
[F1][F2]2026-05-07+788,882→ 6,918,869 total(indirect: See Footnotes) - Award
Blue Owl Operating Group Units
[F1][F2]2026-05-07+788,882→ 6,918,869 total(indirect: See Footnotes)→ Class A Shares (788,882 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|2026-05-08