Kaye Eric A. 4
Research Summary
AI-generated summary
Blue Owl Technology Finance Director Eric Kaye Buys 1,000 Shares
What Happened Eric A. Kaye, a director of Blue Owl Technology Finance Corp. (OTF), purchased 1,000 shares in an open-market transaction on 2026-05-11 at $10.74 per share, for a total cost of $10,740. This was a straight purchase (transaction code P), which is a direct buy of common stock rather than a sale or derivative exercise.
Key Details
- Transaction date: 2026-05-11; filing date (Form 4): 2026-05-12 (timely).
- Transaction type: Open market purchase (Code P).
- Shares acquired: 1,000 at $10.74 per share; total value $10,740.
- Shares owned after transaction: not specified in the filing.
- Remark: Filing signed by Karen Hager on behalf of Mr. Kaye under a power of attorney dated Aug 2, 2022 (previously filed).
- No 10b5-1 plan, option exercise, gifts, or tax-withholding noted.
Context Purchases by insiders can be viewed as a positive signal because they increase an insider’s stake, but they don't prove future performance. This filing appears routine and timely (filed the day after the trade).