Director at Blue Owl Capital (NYSE: OWL) awarded 20,429 RSUs

Rhea-AI Filing Summary

Ugwonali Dana Weeks reported acquisition or exercise transactions in this Form 4 filing.

BLUE OWL CAPITAL INC. director Dana Weeks Ugwonali received an equity award of 20,429 Restricted Share Units on May 7, 2026. Each RSU represents the right to receive one Class A Share when it vests. The RSUs are scheduled to vest on May 15, 2027, subject to limited exceptions.

Following this grant, Ugwonali directly holds 69,909 Class A Shares. The grant was made at no cash cost per share to the director and reflects stock-based compensation rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ugwonali Dana Weeks

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Shares	20,429	$0.00	--

Holdings After Transaction: Class A Shares — 69,909 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 20,429 units Vesting date: May 15, 2027 Shares after transaction: 69,909 shares +1 more

4 metrics

RSUs granted 20,429 units Restricted Share Units granted on May 7, 2026

Vesting date May 15, 2027 Scheduled vesting date for granted RSUs

Shares after transaction 69,909 shares Class A Shares directly held following the grant

Grant price per share $0.0000 per share Equity award granted at no cash cost to director

Key Terms

Restricted Share Units, contingent right, vest, Class A Shares

4 terms

Restricted Share Units financial

"The amount shown represents Restricted Share Units ("RSUs") granted to the Reporting Person"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

contingent right financial

"Each RSU represents the contingent right to receive one of the Issuer's Class A Shares"

vest financial

"The RSUs will vest, subject to certain limited exceptions, on May 15, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Class A Shares financial

"Each RSU represents the contingent right to receive one of the Issuer's Class A Shares"

Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ugwonali Dana Weeks

(Last) (First) (Middle)

399 PARK AVENUE

37TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLUE OWL CAPITAL INC. [ OWL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Shares	05/07/2026		A		20,429(1)	A	$0	69,909	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The amount shown represents Restricted Share Units ("RSUs") granted to the Reporting Person on May 7, 2026. Each RSU represents the contingent right to receive one of the Issuer's Class A Shares upon vesting. The RSUs will vest, subject to certain limited exceptions, on May 15, 2027. With respect to each vested RSU, the Reporting Person shall receive one Class A Share within 30 days following the date on which an RSU becomes vested.

	/s/ Neena A. Reddy, as Attorney-in-Fact	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did BLUE OWL CAPITAL INC. (OWL) disclose in this Form 4?

BLUE OWL CAPITAL INC. reported that director Dana Weeks Ugwonali received 20,429 Restricted Share Units as stock-based compensation. Each RSU can convert into one Class A Share upon vesting, increasing her equity-linked interest in the company.

How many RSUs were granted to director Dana Weeks Ugwonali at OWL?

She was granted 20,429 Restricted Share Units. These units give her the contingent right to receive an equal number of Class A Shares after vesting, aligning a portion of her compensation with future share performance.

When do the granted OWL RSUs to Dana Weeks Ugwonali vest?

The RSUs are scheduled to vest on May 15, 2027, subject to certain limited exceptions. After each RSU vests, one Class A Share will be delivered within 30 days, turning the award into actual share ownership.

Did Dana Weeks Ugwonali buy OWL shares on the open market?

No. The Form 4 shows a grant of 20,429 RSUs at a price of $0.00 per unit. This is compensation awarded by the company, not an open-market purchase where cash is paid to acquire existing shares.

How many OWL Class A Shares does Dana Weeks Ugwonali hold after this grant?

After the RSU grant, she directly holds 69,909 Class A Shares. This figure reflects her reported ownership position following the award and shows the scale of her equity stake as disclosed in the filing.