Blue Owl Capital (NYSE: OWL) COO reports 38,979-share tax withholding event
Rhea-AI Filing Summary
Blue Owl Capital Inc. Chief Operating Officer Andrew Robert Polland reported a tax-related share disposition. On the vesting of restricted share units (RSUs), the company withheld 38,979 Class A Shares at $12.30 per share to cover minimum tax obligations. These RSUs each convert into one Class A Share as they vest under the company’s equity incentive plan. After this withholding transaction, Polland directly holds 502,724 Class A Shares.
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Insider Trade Summary
Net Seller: 38,979 shares
Net Sell
1 txn
Insider
Polland Andrew Robert
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Shares | 38,979 | $12.30 | $479K |
Holdings After Transaction:
Class A Shares — 502,724 shares (Direct)
Footnotes (1)
- F1. The amount shown represents Blue Owl Capital Inc.'s (the "Issuer") Class A common stock ("Class A Shares") withheld by the Issuer in order to satisfy the minimum withholding obligations of the reporting person arising in connection with the vesting of Restricted Share Units ("RSUs") representing the right to receive a corresponding number of Class A Shares pursuant to the Second Amended and Restated Blue Owl Capital Inc. 2021 Omnibus Equity Incentive Plan, as amended from time to time. Each RSU represents the right to receive one Class A Share upon vesting. The RSUs vest in installments in accordance with the applicable restricted unit award agreement.
FAQ
What insider transaction did BLUE OWL CAPITAL INC. (OWL) report for its COO?
Blue Owl Capital reported its Chief Operating Officer Andrew Robert Polland had 38,979 Class A Shares withheld. The shares were retained by the company to satisfy minimum tax obligations triggered by the vesting of restricted share units granted under its equity incentive plan.
Was the BLUE OWL (OWL) insider Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. It reflects 38,979 Class A Shares withheld by Blue Owl Capital Inc. to cover tax liabilities arising from RSU vesting, categorized as a tax-withholding disposition under the company’s omnibus equity incentive plan.
What equity award is involved in the BLUE OWL (OWL) COO’s reported Form 4?
The transaction involves Restricted Share Units, or RSUs, granted under Blue Owl Capital Inc.’s Second Amended and Restated 2021 Omnibus Equity Incentive Plan. Each RSU represents the right to receive one Class A Share and vests in installments per the applicable award agreement.
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