OWL Form 144 Files Sale of 2.06M Class A Shares via Citigroup

Rhea-AI Filing Summary

Blue Owl Capital Inc. (OWL) filed a Form 144 notifying the proposed sale of 2,063,007 Class A common shares through Citigroup Global Markets Inc. on the NYSE, with an aggregate market value of $37,928,383.70 and an approximate sale date of 09/02/2025. The filer states these shares were originally acquired on 05/19/2021 in exchange for common units issued in connection with a business combination with Blue Owl Capital Inc., and payment/consideration was in connection with that previously announced business combination. The notice reports no securities sold in the past three months for the account and includes the required representation about absence of undisclosed material adverse information.

Positive

• Required disclosure provided: broker name, share count, aggregate market value, acquisition date, and sale date are all specified
• No sales in prior three months reported, indicating this is the first disclosed disposition in the recent period

Negative

• Proposed sale size is material in absolute terms: 2,063,007 shares with an aggregate market value of $37,928,383.70

Insights

Financial Analyst

TL;DR: A sizable registered insider sale notice: 2,063,007 shares totalling ~$37.9M scheduled via Citigroup on 09/02/2025.

The Form 144 is a routine regulatory disclosure that indicates an intended sale by a person who acquired the shares on 05/19/2021 as part of a previously disclosed business combination. The filing provides broker details and the planned timing and value of the sale but does not disclose whether the sales are part of a trading plan or incremental dispositions. Because the filing reports no sales in the prior three months, this notice represents the first reported proposed disposition in the recent quarter.

Corporate Governance Expert

TL;DR: The filer complied with Rule 144 disclosure requirements and certified no undisclosed material adverse information.

The submission includes required acquisition history and the representation regarding material information, and names the executing broker, Citigroup Global Markets Inc. This satisfies Form 144 procedural requirements. The document does not state a Rule 10b5-1 plan adoption date or provide details on aggregation with other persons, so readers have only the statutory disclosure to evaluate timing and governance implications.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Shares	Citigroup Global Markets Inc. 388 Greenwich Street 4th Floor Trading New York NY 10013	2063007	37928383.7	651092446	09/02/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Shares	05/19/2021	The Class A Common Shares exchanged for common units issued in connection with the previously disclosed business combination on May 19, 2021.	Blue Owl Capital Inc.			487356098	05/19/2021	In consideration for the previously announced business combination.

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Blue Owl's (OWL) Form 144 disclose?

The Form 144 discloses a proposed sale of 2,063,007 Class A common shares through Citigroup Global Markets Inc., with an aggregate market value of $37,928,383.70, and an approximate sale date of 09/02/2025.

When were the shares being sold originally acquired?

The shares were acquired on 05/19/2021 in exchange for common units issued in connection with a previously disclosed business combination.

Did the filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker is handling the proposed sale?

The named broker is Citigroup Global Markets Inc., 388 Greenwich Street, 4th Floor Trading, New York, NY 10013.

Does the Form 144 state whether a 10b5-1 trading plan was used?

The Form 144 does not provide a date of adoption for any Rule 10b5-1 trading plan or explicitly state that a written plan is in place.