LIPSCHULTZ MARC S 4
4 · BLUE OWL CAPITAL INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Blue Owl (OWL) CEO Marc Lipschultz Receives Award of 788,882 Shares
What Happened
- Marc S. Lipschultz, CEO of Blue Owl Capital Inc. (OWL), was granted 788,882 shares (reported as Class C common stock and/or Common Units of Blue Owl Capital Holdings) on May 7, 2026. A matching derivative award of 788,882 units was also reported. Both awards show an acquisition price of $0 (compensation award, not a cash purchase).
- These awards are reported under the Form 4 as "A" (award/grant). The filing does not state a cash value paid by the reporting person.
Key Details
- Transaction date: 2026-05-07; Form 4 filed 2026-05-08 (filed the next day).
- Shares/units granted: 788,882 (plus 788,882 derivative units).
- Price: $0.00 per share (award/compensation).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote highlights:
- F1: Grants represent Class C shares and Common Units issued (or to be issued) to a management vehicle in respect of Class P Units; the reporting person holds Incentive Units that correspond 1-for-1 to those units/shares.
- F2: Incentive Units are fully vested on grant but subject to a one-year lock-up. Settlement into Common Units and Class C Shares occurs after attainment of certain capital-account thresholds; Common Units can later be exchanged for Class A shares (or for cash in certain circumstances).
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in the provided data.
Context
- This is a compensation award (not an open-market buy or sale). Such grants are commonly part of executive compensation and do not necessarily indicate immediate buying or selling intent.
- The award is fully vested upon grant but cannot be freely transferred for one year (one-year lock-up). Conversion and settlement depend on fulfilling specified capital-account and administrative conditions described in the footnotes.
Insider Transaction Report
Form 4
LIPSCHULTZ MARC S
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