Craig Packer, Co-President and Director of Blue Owl Capital Inc., reported the acquisition of 730,542 Class C Shares and a corresponding number of Blue Owl Operating Group Units on November 5, 2026, in a statement of changes in beneficial ownership filed with the SEC on November 6, 2026.

Key Highlights

  • Reporting person: Craig Packer, Co-President and Director of Blue Owl Capital Inc. (NYSE:OWL)
  • Transaction date: November 5, 2026, with 730,542 Class C Shares acquired at a price of $0
  • Derivative securities: 730,542 Blue Owl Operating Group Units also acquired on November 5, 2026, at a price of $0
  • Resulting indirect ownership: 7,147,516 Class C Shares and 7,147,516 Blue Owl Operating Group Units, held indirectly following the reported transaction
  • Lock-up: The underlying Incentive Units are fully vested upon grant but subject to a one-year lock-up period from the grant date
  • Exchange right: After lock-up expiration, Blue Owl Operating Group Units may be exchanged for an equal number of newly issued Class A Shares, or a cash equivalent at the election of the exchange committee

Craig Packer's November 2026 Equity Award at Blue Owl Capital

According to the filing, Craig Packer, who serves as Co-President and Director of Blue Owl Capital Inc. (NYSE:OWL), received 730,542 Class C Shares and a matching number of Blue Owl Operating Group Units on November 5, 2026. Both acquisitions were reported at a price of $0 and are held indirectly. Blue Owl Capital is an alternative asset management firm that operates through its partnership structure, including Blue Owl Capital Holdings LP and related entities.

The filing explains that the Class C Shares and Common Units of Blue Owl Capital Holdings LP were issued, or are to be issued, to Blue Owl Management Vehicle LP on behalf of Packer, in connection with Class P Units granted under the Second Amended and Restated Blue Owl Capital Inc. 2021 Omnibus Equity Incentive Plan. Packer holds Incentive Units in Blue Owl Management Vehicle LP, which correspond to the Class P Units and the resulting Common Units and Class C Shares on a 1-for-1 basis, according to the filing.

The filing further discloses that the Incentive Units are "fully vested upon the grant date, but are subject to a lock-up period of one year from the grant date." After required capital account thresholds are reached, the Incentive Units settle by delivery of an equal number of Blue Owl Operating Group Units and Class C Shares. Following lock-up expiration and cancellation of an equal number of Class C Shares, the Blue Owl Operating Group Units may be exchanged for newly issued Class A Shares or, at the election of the exchange committee, a cash payment equal to the five-day volume weighted average price of Class A Shares immediately prior to the applicable exchange date. The filing notes that Blue Owl Operating Group Units do not expire.

What Was Disclosed

Craig Packer, Co-President and Director of Blue Owl Capital Inc., reported the indirect acquisition of 730,542 Class C Shares and 730,542 Blue Owl Operating Group Units on November 5, 2026, each at $0, bringing his total indirect beneficial ownership to 7,147,516 units in each security class.