|4Feb 4, 5:57 PM ET

DeWitte Jacob 4

Research Summary

AI-generated summary

Updated

Oklo (OKLO) 10% Owner Jacob DeWitte Sells Shares

What Happened

  • Jacob DeWitte, listed as a 10% owner of Oklo Inc. (OKLO), sold a total of 200,000 shares in multiple open‑market transactions on February 2, 2026. The sales were reported as a series of weighted‑average trades (twelve line items representing six tranche sizes executed twice), with reported proceeds of approximately $14,992,026 (~$15.0M).
  • Tranche-level reported amounts (each tranche was reported twice): 16,181 shares @ $73.81 = $1,194,312; 43,819 @ $74.69 = $3,272,679; 29,636 @ $75.37 = $2,233,739; 7,769/7,768 @ $76.39 ≈ $593,497/$593,421; 2,152/2,153 @ $77.67 ≈ $167,142/$167,220; 443 @ $78.20 = $34,643. These sales are disposals (code S).

Key Details

  • Transaction date: February 2, 2026 (reported on Form 4 filed February 4, 2026 — timely filing).
  • Price range: individual executions ranged from $73.30 to $78.25 per share; reported weighted averages per tranche ranged from $73.81 to $78.20.
  • Total sold: 200,000 shares for about $14.99M in aggregate.
  • Shares owned after transaction: not specified in the provided filing details.
  • Notable footnotes: F1 — sales were effected pursuant to a Rule 10b5‑1 plan adopted March 31, 2025; F2–F7 explain weighted‑average pricing ranges for multiple executions; F8–F9 reference securities held/beneficially owned by the reporting person’s spouse.
  • Transaction type: open market sale(s) (routine sales under a scheduled 10b5‑1 plan).

Context

  • These are sales by a 10% owner, reported under a pre‑arranged 10b5‑1 plan, which often indicates scheduled disposition rather than ad‑hoc trading. Such sales reduce insider holdings but — absent other information — do not alone indicate company performance or management views.
  • No derivatives, option exercises, gifts, or tax‑withholding events are reported in the provided details.