Blue Owl COO reports tax-withholding share disposition
Blue Owl Capital Inc. Chief Operating Officer Andrew Robert Polland reported a tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Shares | 38,979 | $12.30 | $479K |
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
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What insider transaction did BLUE OWL CAPITAL INC. (OWL) report for its COO?
Was the BLUE OWL (OWL) insider Form 4 transaction an open-market sale?
What equity award is involved in the BLUE OWL (OWL) COO’s reported Form 4?
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