Zahr Marc 4

What Happened

• Marc Zahr, a director of Blue Owl Digital Infrastructure Trust, was granted 34,575.152 ODIT Operating Partnership Units on February 17, 2026. The units were reported at $0.00 per unit (total reported value $0) and are derivative interests that may be exchanged for Class E common shares or the cash equivalent under certain conditions.
• The filing indicates these units were a portion of a prior performance allocation to BODI Trust Carry LP that was allocated to and distributed to the reporting person on the transaction date (see footnotes).

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears to be timely).
• Transaction type/code: Award/Grant (A) of derivative units (ODIT Operating Partnership Units) at $0.00.
• Quantity: 34,575.152 ODIT Operating Partnership Units.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote F1: ODIT Operating Partnership Units are Class E limited partner interests in the operating partnership that can, subject to restrictions, be exchanged for Class E common shares or cash and do not expire.
• Footnote F2: The units came from a performance allocation previously issued to BODI Trust Carry LP and were allocated and distributed to the reporting person on Feb 17, 2026.

Context

• This was not an open-market purchase or sale but a distribution of partnership units tied to a performance allocation; such awards are typically compensation-related and do not necessarily signal a personal market bet.
• For retail investors, awards of convertible partnership units can dilute equity when exchanged for common shares; check future filings for any exchanges or sales that convert these units into publicly traded shares.