BLUE OWL CAPITAL INC. 4

Co‑Chief Executive Officer Marc S. Lipschultz indirectly distributed and donated 1,000,000 Class D shares and the corresponding 1,000,000 Blue Owl Operating Group Units (exchangeable into Class B shares) of Blue Owl Capital Inc. to a charitable donor‑advised fund.

On September 11, 2026, Blue Owl Capital Inc. Co‑Chief Executive Officer Marc S. Lipschultz reported a charitable gift transaction involving 1,000,000 Class D shares and the corresponding 1,000,000 Blue Owl Operating Group Units that were indirectly held through Owl Rock Capital Feeder LLC. These securities were distributed to him and then donated to National Philanthropic Trust to fund a donor‑advised fund, and an equal number of Class B shares is referenced as exchangeable for the operating group units upon cancellation of Class D shares. Following this non-cash, indirect gift, Lipschultz continues to have indirect interests in a total of 56,695,038 Class D shares and an equal number of operating group units held by Owl Rock Feeder for himself, a family trust over which he has sole voting and investment power, and his spouse, though he disclaims beneficial ownership beyond his pecuniary interest. Based on the current Class A share price of approximately $10.56 (used here as a proxy valuation), the donated securities have an implied value of roughly $10.6 million, and his remaining indirectly held Class D/operating unit stake implied by the filing is worth about $598.9 million, excluding separate interests in units associated with Class C stock.

Filing Facts

CIK

1823945

Ticker

OWL

Form

4

Source Type

sec

Accession

0001193125-26-389334

Alert Tier

7