Blue Owl Capital (NYSE: OWL) details $200M+ insider and buyback activity

Rhea-AI Filing Summary

Blue Owl Capital Inc. reports that during November through early December, over $200 million of common stock across Blue Owl (OWL), Blue Owl Capital Corporation (OBDC) and Blue Owl Technology Finance Corp. (OTF) was bought by executives and employees or repurchased under existing programs. For Blue Owl, about $70 million of Class A shares were purchased, including over $15 million by executives and employees and over $50 million via its repurchase plan. For OBDC and OTF together, more than $135 million of stock was purchased, including over $20 million by executives and employees and about $115 million under their plans. The company notes these purchases, alongside management’s existing ownership and repurchase authorizations of up to $150 million for OWL, $200 million for OBDC and $200 million for OTF, demonstrate continued alignment with clients and stakeholders.

Positive

• Over $200 million of combined insider and buyback purchases across OWL, OBDC and OTF indicate significant management and company commitment to their own equity.
• Meaningful executive and employee participation (over $35 million across the three vehicles) reinforces alignment between insiders and outside shareholders.

Negative

• None.

Insights

Equity Capital Markets Analyst

Substantial insider and buyback activity reinforces management’s equity commitment.

Blue Owl and its affiliated vehicles report over $200 million of combined common stock purchases across November and early December. This includes about $70 million of Blue Owl Class A shares and more than $135 million for OBDC and OTF, split between insider purchases and activity under existing repurchase plans. Such transactions reduce free float when done through company buybacks and increase direct exposure for executives and employees.

Insider participation is notable: over $15 million of OWL and more than $20 million of OBDC and OTF stock were acquired by executives and employees. The remainder, over $50 million for OWL and about $115 million for OBDC and OTF, came via authorized repurchase programs. The filing reiterates existing authorizations of up to $150 million for OWL, $200 million for OBDC and $200 million for OTF, framing these actions as supporting alignment with clients and stakeholders.

From an equity perspective, meaningful insider buying and active use of buyback authorizations can signal confidence in the underlying businesses and capital-return framework. Actual long-term impact will depend on the pace and scale of any future repurchases relative to overall market capitalization and earnings trends disclosed in subsequent reports.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): December 2, 2025

BLUE OWL CAPITAL INC.

(Exact name of registrant as specified in its charter)

Delaware		001-39653		86-3906032
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

399 Park Avenue, New York, NY 10022

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (212) 419-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Class A Common Stock		OWL		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

During the month of November through today, an aggregate of over $200 million in shares of the common stock of Blue Owl Capital Inc. (“Blue Owl”, NYSE: OWL), Blue Owl Capital Corporation (“OBDC”, NYSE: OBDC) and Blue Owl Technology Finance Corp. (“OTF”, NYSE: OTF) were purchased by Blue Owl executives and employees or were repurchased in accordance with existing share repurchase plans.

For Blue Owl, in total approximately $70 million in shares of Class A common stock were purchased, over $15 million by Blue Owl executives and employees and over $50 million in accordance with its existing share repurchase plan.

For OBDC and OTF, an aggregate of over $135 million in shares of common stock were purchased, over $20 million by Blue Owl executives and employees and approximately $115 million in accordance with their existing share repurchase plans.

These recent purchases and the existing repurchase programs, taken together with management’s substantial ownership and investment across the Blue Owl platform, signal and further strengthen our continued alignment with our clients and stakeholders.

As previously disclosed, OWL is authorized to repurchase up to $150 million of OWL shares, OBDC is authorized to repurchase up to $200 million of OBDC shares and OTF is authorized to repurchase up to $200 million of OTF shares.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				BLUE OWL CAPITAL INC.
				(registrant)
Date: December 2, 2025				By:		/s/ Alan Kirshenbaum
						Alan Kirshenbaum
						Chief Financial Officer

FAQ

What stock purchases did Blue Owl Capital Inc. (OWL) announce in this 8-K?

The company reported that during November through early December, over $200 million in common stock of Blue Owl (OWL), Blue Owl Capital Corporation (OBDC) and Blue Owl Technology Finance Corp. (OTF) was purchased by executives and employees or repurchased under existing share repurchase plans.

How much Blue Owl (OWL) stock was bought by insiders and through buybacks?

For Blue Owl, approximately $70 million of Class A common stock was purchased, including over $15 million by executives and employees and over $50 million through its existing share repurchase plan.

What were the aggregate purchases for OBDC and OTF mentioned by Blue Owl?

For Blue Owl Capital Corporation (OBDC) and Blue Owl Technology Finance Corp. (OTF), an aggregate of over $135 million in common stock was purchased, including over $20 million by Blue Owl executives and employees and approximately $115 million under their existing repurchase plans.

What share repurchase authorizations are currently in place for OWL, OBDC and OTF?

As disclosed, Blue Owl (OWL) is authorized to repurchase up to $150 million of its shares, OBDC is authorized to repurchase up to $200 million of OBDC shares, and OTF is authorized to repurchase up to $200 million of OTF shares.

How does Blue Owl describe the purpose of these recent stock purchases?

Blue Owl states that the recent insider purchases and repurchases, together with management’s substantial ownership and investment across the platform, signal and further strengthen its continued alignment with clients and other stakeholders.

Which Blue Owl entities are involved in the reported stock repurchases?

The activity involves Blue Owl Capital Inc. (OWL), Blue Owl Capital Corporation (OBDC) and Blue Owl Technology Finance Corp. (OTF), all of which had common stock purchased by insiders or repurchased under their existing plans.