Blue Owl (OWL) CEO Marc Lipschultz Gifts 2,000,000 Shares

What Happened

• Marc S. Lipschultz, CEO of Blue Owl Capital Inc., made charitable gifts on 2026-09-11 totaling 2,000,000 securities. The filing reports two gift dispositions: 1,000,000 shares and 1,000,000 derivative securities (Blue Owl Operating Group Units). No price or cash proceeds are reported (gifts, not sales). Per the filing, the securities were distributed to Mr. Lipschultz from Owl Rock Capital Feeder LLC and donated to National Philanthropic Trust to be held in a donor-advised fund (see footnote F1).

Key Details

• Transaction date: 2026-09-11 (filed same day).
• Transaction type: G = Gift; no sale proceeds (price reported as N/A).
• Securities donated: 1,000,000 shares + 1,000,000 Blue Owl Operating Group Units (total 2,000,000).
• Holdings context (footnote F2): Owl Rock Feeder holds 56,695,038 Class D shares and an equal number of Blue Owl Operating Group Units; of those, 20,912,440 are held on behalf of Mr. Lipschultz, 11,550,711 for Lipschultz Family OR Trust (he has sole investment/voting power), and 24,231,887 for his spouse. Mr. Lipschultz disclaims beneficial ownership of feeder holdings except to the extent of his pecuniary interest.
• Derivative detail (footnote F3): Each Operating Group Unit associated with Class D Shares may be exchanged for Class B shares (or, in some cases, cash equal to a VWAP measure); units do not expire.
• Filing timeliness: Reported with the same period date (timely filing reported).

Context

• Gifts to a donor-advised fund are donations, not open-market sales, and do not necessarily signal the insider’s view of the company’s stock — they are often driven by personal or tax/charitable planning.
• The 1,000,000-unit gift involves a derivative/investment vehicle that can be converted into Class B common stock or cash under specified terms; this is different from an ordinary share sale.