Blue Owl (OWL) CFO Alan Kirshenbaum Gifts 20,000 Shares

What Happened Alan Kirshenbaum, Chief Financial Officer of Blue Owl Capital Inc., reported two gifts on 2026-09-11 totaling 20,000 shares: two gift transactions of 10,000 shares each. One of the reported gifts involves securities tied to derivatives/operating units rather than direct Class A/B shares. The donated securities were distributed from Owl Rock Capital Feeder LLC and donated to National Philanthropic Trust to be held in a donor-advised fund. No cash price or transaction value is reported for these gifts.

Key Details

• Transaction date: 2026-09-11 (both gifts). Price: N/A (gifts; no sale proceeds).
• Reported counts: 10,000 shares (gift) + 10,000 shares (gift of derivative-linked securities) = 20,000 total.
• Post-transaction holdings: The filing does not give a straightforward “shares owned after” total. Footnote F2 says Owl Rock Feeder held 27,696 Class D shares and an equal number of Blue Owl Operating Group Units on behalf of Mr. Kirshenbaum; he disclaims beneficial ownership except to the extent of any pecuniary interest.
• Notable footnotes:
  • F1: Securities were distributed from Owl Rock Feeder and donated to National Philanthropic Trust (donor-advised fund).
  • F2: Details the 27,696 Class D shares and matching operating units held by Owl Rock Feeder on his behalf; Mr. Kirshenbaum disclaims beneficial ownership beyond pecuniary interest.
  • F3: Operating Group Units can be exchanged for Class B shares (or, at the exchange committee’s election, cash equal to VWAP of Class A shares) and do not expire.
• Filing timeliness: Report lists the same report and filing date (2026-09-11); no late filing indicated.

Context

• Gifts: Charitable donations are common and do not necessarily signal the insider’s view about the company’s stock price. They can be for tax or philanthropic planning.
• Derivative-linked units: The second gift involves operating group units tied to Class D shares that can ultimately convert into Class B shares or cash per the exchange agreement; these are not expired options but exchangeable units.
• Ownership nuance: Because the securities were held through a feeder entity and Mr. Kirshenbaum disclaims beneficial ownership except for any pecuniary interest, these holdings reflect indirect ownership structures rather than direct, sole personal holdings.