Blue Owl CFO donates 20,000 company securities
Blue Owl’s CFO reported charitable gifts of indirectly held Class D shares and associated Operating Group Units to a donor-advised fund.
Rhea-AI Filing Summary
BLUE OWL CAPITAL INC. (OWL) reported that Chief Financial Officer Alan Kirshenbaum made bona fide gifts of 10,000 Blue Owl Operating Group Units (derivative securities) and 10,000 associated Class D shares on September 11, 2026, from indirect holdings through Owl Rock Capital Feeder LLC.
The donated securities were distributed to Mr. Kirshenbaum and given to National Philanthropic Trust to be held in a donor-advised fund. After these gifts, Owl Rock Feeder continues to hold 27,696 Class D shares and an equal number of Blue Owl Operating Group Units on his behalf, for which he disclaims beneficial ownership except for his pecuniary interest. Each Operating Group Unit is exchangeable, upon cancellation of an equal number of Class D shares, into Class B shares or a cash amount based on the five-day volume weighted average price of Class A shares, and these units do not expire. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,000 shares gifted
Gift
2 txns
Insider
Kirshenbaum Alan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Blue Owl Operating Group Units F3, F1, F2 | 10,000 | -- | -- |
| Gift | Class D Shares F1, F2 | 10,000 | -- | -- |
Holdings After Transaction:
Blue Owl Operating Group Units — 27,696 contracts (Indirect, See Footnotes);
Class D Shares — 27,696 shares (Indirect, See Footnotes)
Footnotes (3)
- F1. The reported transaction represents a gift/charitable donation of securities indirectly owned through Owl Rock Capital Feeder LLC ("Owl Rock Feeder") that were distributed to the reporting person and donated to National Philanthropic Trust, a Pennsylvania non-profit corporation, to be held in a donor-advised fund.
- F2. Consists of an aggregate of 27,696 shares of Class D common stock ("Class D Shares") and an equal number of common units ("Blue Owl Operating Group Units") of Blue Owl Capital Holdings LP, a Delaware limited partnership ("Blue Owl Holdings"), associated with such Class D Shares, held directly by Owl Rock Feeder on behalf of Mr. Kirshenbaum. Mr. Kirshenbaum expressly disclaims beneficial ownership of the securities held by Owl Rock Feeder except to the extent of his pecuniary interest therein.
- F3. Each Blue Owl Operating Group Unit, upon the cancellation of an equal number of Class D Shares, may be exchanged from time to time for an equal number of newly issued shares of Class B common stock ("Class B Shares"), subject to any applicable transfer restrictions and the terms of the Third Amended and Restated Exchange Agreement, dated as of April 1, 2025, 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 common stock immediately prior to the applicable exchange date. Blue Owl Operating Group Units do not expire.
Key Figures
Operating Group Units gifted: 10,000 units
Class D shares gifted: 10,000 shares
Class D shares held indirectly after transaction: 27,696 shares
+2 more
5 metrics
Operating Group Units gifted
10,000 units
Gift of Blue Owl Operating Group Units on September 11, 2026
Class D shares gifted
10,000 shares
Gift of Class D common stock on September 11, 2026
Class D shares held indirectly after transaction
27,696 shares
Held by Owl Rock Capital Feeder LLC on behalf of Mr. Kirshenbaum after gifts
Blue Owl Operating Group Units held indirectly after transaction
27,696 units
Equal number of units associated with Class D shares held by Owl Rock Feeder
Total gifted securities (derivative and non-derivative)
20,000 securities
Aggregate of 10,000 units and 10,000 Class D shares gifted
Key Terms
bona fide gift, donor-advised fund, pecuniary interest, volume weighted average price, +1 more
5 terms
bona fide gift financial
"The transaction code is described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"Donated to National Philanthropic Trust to be held in a donor-advised fund."
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
pecuniary interest financial
"He disclaims beneficial ownership except to the extent of his pecuniary interest."
volume weighted average price financial
"A cash payment equal to the five-day volume weighted average price of shares."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Blue Owl Operating Group Units financial
"Each Blue Owl Operating Group Unit may be exchanged for Class B shares or cash."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OWL’s CFO Alan Kirshenbaum report in this Form 4?
He reported bona fide gifts of 10,000 Blue Owl Operating Group Units and 10,000 Class D shares on September 11, 2026, transferred from indirect holdings through Owl Rock Capital Feeder LLC to National Philanthropic Trust for a donor-advised fund.
Were the OWL gifts made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating the transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What is the nature of the charitable donation reported by OWL’s CFO?
The filing states the transaction is a gift/charitable donation of securities indirectly owned through Owl Rock Capital Feeder LLC, distributed to Alan Kirshenbaum and then donated to National Philanthropic Trust to be held in a donor-advised fund.
Do Blue Owl Operating Group Units reported in the OWL Form 4 expire?
No. The filing states that Blue Owl Operating Group Units do not expire, though exchanges are subject to applicable transfer restrictions and the terms of the Third Amended and Restated Exchange Agreement dated April 1, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
