Packer Craig 4
4 · BLUE OWL CAPITAL INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Blue Owl (OWL) Co‑President Craig Packer Receives 729,716‑Share Award
What Happened Craig Packer, Co‑President and director of Blue Owl Capital Inc. (OWL), received an award on May 7, 2026 of 729,716 shares reported as Class C common stock and a corresponding 729,716 derivative interest. The filing shows the shares were granted at $0.00 (no cash paid) and the reported acquisition value is $0. This is an equity award under the company's omnibus incentive plan, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Transaction code: A (award/grant); Price reported: $0.00.
- Amounts: 729,716 shares acquired and 729,716 derivative interests reported. Total reported cash value: $0.
- Shares owned after transaction: not specified in the Form 4 beyond the awarded amounts.
- Footnotes: The award represents Class C shares and common units issued to Blue Owl Management Vehicle in respect of Class P Units granted to that vehicle on the reporting person's behalf (F1). Incentive Units are fully vested on grant but are subject to a one‑year lock‑up; settlement and future exchange into Class A shares (or cash in some cases) occur after capital thresholds and lock‑up expiration (F2).
- Filing timeliness: Reported period 2026-05-07 and filed 2026-05-08 — appears timely.
Context This was an equity compensation grant under Blue Owl’s omnibus equity incentive plan. Although the Incentive Units are fully vested at grant, they are subject to a one‑year lock‑up and only convert to operating units/Class C shares (and later may convert to Class A shares or cash) after certain conditions are met — so these units are not immediately liquid. As an award (not a purchase or sale), this is a compensation event rather than a direct market signal of buying or selling.
Insider Transaction Report
- Award
Class C Shares
[F1][F2]2026-05-07+729,716→ 5,735,745 total(indirect: See Footnotes) - Award
Blue Owl Operating Group Units
[F1][F2]2026-05-07+729,716→ 5,735,745 total(indirect: See Footnotes)→ Class A Shares (729,716 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.