Richard J. Buoncore - 01 Oct 2025 Form 4 Insider Report for Blue Owl Real Estate Net Lease Trust

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Oct 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Sep 2026, 15:24:04 UTC
Prior SEC filing: 11 Aug 2025
Next SEC filing: 06 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Karen Hager, as Attorney-in-Fact

Key filing fact

Richard J. Buoncore filed Form 4 for Blue Owl Real Estate Net Lease Trust on 18 Sep 2026.

Key facts

This page summarizes Richard J. Buoncore's Form 4 filing for Blue Owl Real Estate Net Lease Trust.
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Sep 2026, 15:24.

Change

Previous filing in this sequence was filed on 11 Aug 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001232422 Primary reporting owner

BUONCORE RICHARD J

Relationship: Director
Address: C/O BLUE OWL REAL ESTATE NET LEASE TRUST, 150 N RIVERSIDE PLAZA, 37TH FLOOR, CHICAGO
Signature: /s/ Karen Hager, as Attorney-in-Fact
Signature date: 18 Sep 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Class I common shares of beneficial interest

Conversion of derivative security

Transaction value
Shares: +433,251
Change %
Price
Shares after: 433,251
Date: 01 Oct 2025
Ownership: By The Buoncore Group, LLC
Footnotes: F1

No ticker transaction

Class I common shares of beneficial interest

Other

Transaction value
Shares: -433,251
Change %: -100%
Price: $10.48^*
Shares after: 0
Date: 04 Dec 2025
Ownership: By The Buoncore Group, LLC
Footnotes: F2

No ticker holding

Class I common shares of beneficial interest

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,305
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

Blue Owl NLT Operating Partnership Units

Conversion of derivative security

Transaction value
Shares: -433,251
Change %: -52%
Price
Shares after: 394,862
Date: 01 Oct 2025
Ownership: By The Buoncore Group, LLC
Underlying class: Class I common shares of beneficial interest
Underlying amount: 433,251
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Class I limited partner interests in Blue Owl NLT Operating Partnership LP ("Blue Owl NLT Operating Partnership Units") may, subject to certain restrictions, be exchanged for a corresponding number of Class I common shares of beneficial interest, par value $0.01 per share ("Class I Common Shares of Beneficial Interest") of Blue Owl Real Estate Net Lease Trust (the "Issuer") or the cash equivalent. Blue Owl NLT Operating Partnership Units do not expire.

Footnote F2

These Class I Common Shares of Beneficial Interest were repurchased by the Issuer.

Footnote F3

Reflects securities beneficially owned as of September 18, 2026 after the transactions reported herein. Includes Class I Common Shares of Beneficial Interest acquired through the Issuer's distribution reinvestment plan and unvested Class I Common Shares of Beneficial Interest.

SEC remarks

This Form 4 is deemed to update the amount of Class I Common Shares of Beneficial Interest reported as beneficially owned by the Reporting Person on any Form 4 filed by the Reporting Person after October 1, 2025 through the date hereof.