Insider buying at Blue Owl Capital (OBDC) tops 10,000 shares

Rhea-AI Filing Summary

Blue Owl Capital Corp President Logan Nicholson reported buying 10,000 shares of common stock in open-market transactions. On February 27, 2026, he purchased 5,525 shares directly and 4,475 shares indirectly through The Logan Nicholson Living Trust at a weighted average price of $11.32 per share.

The filing notes that the shares were acquired in multiple trades at prices ranging from $11.27 to $11.40. After these purchases, Nicholson directly holds 60,557 shares and, through the trust, 24,443 shares of Blue Owl Capital Corp common stock.

Insights

Insider transactions analyst

Blue Owl Capital’s president increased his direct and trust shareholdings via open-market buys.

Logan Nicholson, President of Blue Owl Capital Corp, executed two open-market purchases of common stock on February 27, 2026, totaling 10,000 shares at a weighted average price of $11.32 per share.

The transactions increased his direct holdings to 60,557 shares and the holdings of The Logan Nicholson Living Trust to 24,443 shares. The filing explains that the purchases were carried out through multiple trades within a price range of $11.27 to $11.40, reflecting typical execution across several fills.

The mix of direct and trust ownership highlights that a portion of Nicholson’s stake is held indirectly via the living trust, consistent with common estate and wealth-planning structures. Overall, the disclosure documents additional exposure to Blue Owl Capital Corp equity by a senior executive through straightforward, cash open-market purchases.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nicholson Logan

(Last) (First) (Middle)

C/O BLUE OWL CAPITAL CORPORATION

399 PARK AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Blue Owl Capital Corp [ OBDC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		P		5,525	A	$11.32(1)	60,557	D
Common Stock	02/27/2026		P		4,475	A	$11.32(1)	24,443(2)	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $11.27 to $11.40. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased as each separate price within the ranges set forth in this footnote.

2. Reflects the shares held by The Logan Nicholson Living Trust.

Remarks:

(1) Karen Hager is signing on behalf of Mr. Nicholson pursuant to a power of attorney dated August 6, 2024, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 3 Mr. Nicholson filed on August 16, 2024.

	/s/ Karen Hager on behalf of Logan Nicholson(1)	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider buying did Blue Owl Capital Corp (OBDC) report for Logan Nicholson?

Blue Owl Capital Corp reported that President Logan Nicholson bought 10,000 common shares in open-market transactions. He acquired 5,525 shares directly and 4,475 shares through The Logan Nicholson Living Trust on February 27, 2026, at a weighted average price of $11.32.

At what prices did Logan Nicholson buy OBDC shares in the latest Form 4?

The weighted average purchase price was $11.32 per share, with multiple trades executed between $11.27 and $11.40. The filing notes these separate trades and offers to provide full breakdowns of the number of shares bought at each individual price upon request.

How many Blue Owl Capital (OBDC) shares does Logan Nicholson now hold directly and via trust?

After the reported transactions, Logan Nicholson directly holds 60,557 Blue Owl Capital Corp common shares. Through The Logan Nicholson Living Trust, he indirectly holds an additional 24,443 shares, reflecting the updated positions following the February 27, 2026 open-market purchases.

How is the indirect ownership in OBDC shares structured for Logan Nicholson?

The Form 4 states that part of Nicholson’s holdings are “By Trust,” specifically The Logan Nicholson Living Trust. This means 24,443 shares are owned indirectly through that trust structure, alongside his separate direct ownership position in Blue Owl Capital Corp common stock.

What transaction code was used for Logan Nicholson’s OBDC share purchases?

The transactions are coded “P,” indicating purchases in an open market or private transaction. Both the direct and trust-related acquisitions share this code and are described as non-derivative transactions in Blue Owl Capital Corp common stock on February 27, 2026.