Park David G 4
Research Summary
AI-generated summary
Oklo Director David G. Park Receives RSU Award (3,213 units)
What Happened David G. Park, a director of Oklo Inc. (OKLO), was granted 3,213 restricted stock units (RSUs) on June 11, 2026. The Form 4 reports the award at $0.00 per unit (derivative acquisition), so no cash was paid and the reported immediate value is $0. This is a grant/award (not a purchase or sale); the units are a contingent right to receive shares upon vesting.
Key Details
- Transaction date: 2026-06-11; reported price per unit: $0.00 (code A — award/grant).
- Number of units granted: 3,213 restricted stock units (each converts to one share on vesting).
- Vesting: RSUs vest in full on June 3, 2027 (see footnote F2).
- Footnote F1: Each RSU represents a contingent right to one share of Class A common stock.
- Filing: Form filed 2026-06-15 (four days after the reported transaction). The filing does not indicate 10b5-1, tax-withholding sale, or other special conditions.
Context Restricted stock units are a form of compensation that convert into shares only after vesting; they do not represent immediate share ownership or an open-market purchase. Awards like this are common for directors/executives and are informational about compensation, not a direct bullish or bearish trading signal.