Bealmear Richard Craig 4
Research Summary
AI-generated summary
Oklo (OKLO) CFO Richard Bealmear Sells Shares After Exercising Options
What Happened
Richard Craig Bealmear, CFO of Oklo Inc. (OKLO), exercised stock options and sold a portion of the resulting shares. He exercised a total of 107,068 shares (9,726 on 2026-02-02 and 97,342 on 2026-02-03) at an exercise price of $3.18 per share, for a combined cash cost of $340,477. Concurrently, he sold 9,726 shares on 2026-02-02 in an open-market transaction for total proceeds of $748,216 (weighted average price $76.93; sale prices ranged $76.90–$77.07).
Key Details
- Transaction dates: exercises on 2026-02-02 (9,726) and 2026-02-03 (97,342); sale on 2026-02-02 (9,726).
- Exercise price: $3.18 per share; total exercise cost $340,477.
- Sale price: weighted average $76.93 per share (range $76.90–$77.07); total proceeds ~$748,216.
- The filing shows corresponding derivative dispositions reported at $0.00, reflecting surrender/conversion of the exercised options.
- Sales were made pursuant to a Rule 10b5-1 trading plan adopted September 22, 2025 (per footnote).
- Vesting note: the option vests 20% on Aug 1, 2024, then in 48 substantially equal monthly installments (per footnote).
- Shares owned after the transactions are not specified in the filing.
- Filing date (Feb 4, 2026) is within the typical Form 4 reporting window for the Feb 2–3 transactions (i.e., appears timely).
Context
This was an option exercise followed by a partial sale. The combination of exercises and the $0.00 derivative entries are standard bookkeeping for converting options into shares; the subsequent open-market sale of 9,726 shares was carried out under a preexisting 10b5-1 plan. The filing is factual and does not indicate insider motivation.