Blue Owl Capital grants units to co-president Zahr
Zahr Marc reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zahr Marc reported acquisition or exercise transactions in this Form 4 filing.
Blue Owl Capital Inc. Co-President and director Marc Zahr was granted 736,464 Blue Owl Operating Group Units and an equal number of Class C Shares at no cost, through Incentive Units in Blue Owl Management Vehicle. Post-grant, entities associated with Zahr hold 11,093,922 Operating Group Units and Class C Shares, while a family trust holds 40,956,995 similar units and shares, which may, after required lock-up periods, be exchanged for Class A common stock or cash based on a five-day volume weighted average price.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,472,928 shares
Grant/Award
4 txns
Insider
Zahr Marc
Role
Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Blue Owl Operating Group Units F1, F2, F5, F3 | 736,464 | $0.00 | $0.00 |
| Grant/Award | Class C Shares F1, F2, F3 | 736,464 | $0.00 | $0.00 |
| holding | Blue Owl Operating Group Units F4, F5 | -- | -- | -- |
| holding | Class C Shares F4 | -- | -- | -- |
Holdings After Transaction:
Blue Owl Operating Group Units — 11,093,922 contracts (Indirect, See Footnotes);
Class C Shares — 11,093,922 shares (Indirect, See Footnotes);
Blue Owl Operating Group Units — 40,956,995 contracts (Indirect, By Trust);
Class C Shares — 40,956,995 shares (Indirect, By Trust)
Footnotes (5)
- F1. Represents shares of Class C common stock of the Issuer ("Class C Shares") and Common Units of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), issued or to be issued to Blue Owl Management Vehicle LP, a Delaware limited partnership ("Blue Owl Management Vehicle"), in respect of Class P Units of Blue Owl Holdings issued to Blue Owl Management Vehicle on behalf of the reporting person pursuant to the Second Amended and Restated Blue Owl Capital Inc. 2021 Omnibus Equity Incentive Plan, as amended from time to time. The reporting person holds Incentive Units of Blue Owl Management Vehicle, which correspond to the Class P Units and the resulting Common Units and Class C Shares on a 1-for-1 basis.
- F2. The reported Incentive Units of Blue Owl Management Vehicle are fully vested upon the grant date, but are subject to a lock-up period of one year from the grant date. After attainment of required capital account thresholds, Incentive Units settle by delivery of an equal number of Common Units of Blue Owl Holdings ("Blue Owl Operating Group Units") and Class C Shares. After expiration of the lock-up and cancellation of an equal number of Class C Shares, Blue Owl Operating Group Units may be exchanged from time to time at the request of the reporting person for an equal number of newly issued shares of the Issuer's Class A common stock ("Class A Shares") (or at the election of an exchange committee of the general partner of Blue Owl Holdings, a cash payment equal to the five-day volume weighted average price of shares of Class A Shares immediately prior to the applicable exchange date). Blue Owl Operating Group Units do not expire.
- F3. Consists of (i) 4,550,777 Blue Owl Operating Group Units and an equal number of Class C Shares held directly by OSREC Feeder, LP ("OSREC") on behalf of Augustus, LLC, an investment vehicle controlled by the reporting person ("Augustus"), corresponding to the reporting person's holdings of 10% of the units of Augustus and (ii) 6,543,145 Blue Owl Operating Group Units and an equal number of Class C Shares issued or to be issued in respect of Incentive Units held by Blue Owl Management Vehicle on behalf of the reporting person.
- F4. Consists of Blue Owl Operating Group Units and an equal number of Class C Shares held directly by OSREC on behalf of Augustus, corresponding to the Zahr Family Gift Trust's (the "Trust") holdings of 90% of the units in Augustus. James J. Hennessey is the trustee of the Trust. The reporting person disclaims beneficial ownership of the securities held by the Trust, except to the extent of his pecuniary interest therein. The Trust is maintained for the benefit of immediate family members sharing the same household of the reporting person.
- F5. After the cancellation of an equal number of Class C Shares (and, in the case of the Incentive Units, the expiration of a one-year lock up from the grant date), Blue Owl Operating Group Units may be exchanged from time to time at the request of the reporting person for an equal number of newly issued Class A Shares (or at the election of an exchange committee of the general partner of Blue Owl Holdings, a cash payment equal to the five-day volume weighted average price of shares of Class A Shares immediately prior to the applicable exchange date). Blue Owl Operating Group Units do not expire.
Key Figures
Operating Group Units granted: 736,464 units
Class C Shares granted: 736,464 shares
Post-grant indirect holdings: 11,093,922 units/shares
+3 more
6 metrics
Operating Group Units granted
736,464 units
Blue Owl Operating Group Units awarded indirectly to entities associated with Marc Zahr on 2026-08-06
Class C Shares granted
736,464 shares
Class C Shares corresponding to Incentive Units of Blue Owl Management Vehicle granted on 2026-08-06
Post-grant indirect holdings
11,093,922 units/shares
Blue Owl Operating Group Units and an equal number of Class C Shares held via OSREC and Blue Owl Management Vehicle for Marc Zahr
Trust-held Operating Group Units
40,956,995 units
Blue Owl Operating Group Units held by OSREC on behalf of Zahr Family Gift Trust, with equal Class C Shares
OSREC Augustus interest
4,550,777 units/shares
Operating Group Units and Class C Shares held by OSREC on behalf of Augustus, corresponding to 10% of Augustus units for Marc Zahr
Management Vehicle Incentive Units
6,543,145 units/shares
Operating Group Units and Class C Shares issued or to be issued in respect of Incentive Units held by Blue Owl Management Vehicle for Marc Zahr
Key Terms
Blue Owl Operating Group Units, Class C Shares, Incentive Units, lock-up period, +1 more
5 terms
Blue Owl Operating Group Units financial
"Blue Owl Operating Group Units may be exchanged from time to time at the request"
Incentive Units financial
"The reporting person holds Incentive Units of Blue Owl Management Vehicle"
Incentive units are ownership stakes a company grants to employees, contractors or advisors as part of pay, which become valuable only after certain conditions are met (for example, after a period of time or when performance targets are hit). They matter to investors because they create potential future claims on profits or ownership—similar to performance-based coupons that convert into a slice of the business—and can dilute existing holders or change incentives for management.
lock-up period financial
"reported Incentive Units of Blue Owl Management Vehicle are fully vested but subject to a lock-up period"
A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.
five-day volume weighted average price financial
"cash payment equal to the five-day volume weighted average price of shares of Class A"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What securities did Marc Zahr of OWL receive on August 6, 2026?
Marc Zahr was granted 736,464 Blue Owl Operating Group Units and 736,464 Class C Shares at a price of $0.00 per unit/share, issued through Incentive Units of Blue Owl Management Vehicle that correspond 1-for-1 to Common Units and Class C Shares.
What lock-up and vesting terms apply to Marc Zahr’s OWL Incentive Units?
The Incentive Units are fully vested on the grant date but subject to a one-year lock-up. After required capital account thresholds are reached and the lock-up expires, they settle into an equal number of Blue Owl Operating Group Units and Class C Shares for the associated entities.
What Blue Owl Capital holdings are in the Zahr Family Gift Trust for OWL?
The Zahr Family Gift Trust holds 40,956,995 Blue Owl Operating Group Units and an equal number of Class C Shares via OSREC on behalf of Augustus. Zahr disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest; the trust benefits immediate family members.
AI-generated analysis. How Rhea-AI works. Not financial advice.
