Bealmear Richard Craig 4

What Happened

• Richard C. Bealmear, Chief Financial Officer of Oklo Inc., exercised/converted a total of 163,843 derivative units on March 12, 2026 (80,000; 78,652; and 5,191 shares) at $59.59 per share, representing gross consideration of $9,763,405. The next day (March 13, 2026) he sold 72,090 shares in an open-market transaction at $60.00 per share for proceeds of $4,325,400.
• The Form 4 shows corresponding derivative-to-stock conversion entries (listed at $0) and footnotes indicate the sale of 72,090 shares was a "sell-to-cover" to satisfy tax withholding obligations related to RSU vesting (not a discretionary sale).

Key Details

• Transaction dates and prices:
  • March 12, 2026: Exercised/converted 80,000; 78,652; and 5,191 shares at $59.59 (total ~$9.76M).
  • March 13, 2026: Sold 72,090 shares at $60.00 ($4,325,400).
• Post-transaction ownership: The Form 4 does not list total shares owned after these transactions; F1 directs readers to the issuer’s most recent definitive proxy for complete holdings.
• Important footnotes:
  • F2: The 72,090-share sale was to cover tax withholding (sell-to-cover), not a discretionary trade.
  • F3–F8: Several entries relate to restricted stock units (RSUs) that were released/vested or granted; RSUs convert into shares on vesting.
• Filing timeliness: Report filed March 16, 2026 for transactions on March 12–13, 2026 (appears timely per Form 4 rules).

Context

• The filing combines derivative exercises/conversions (Form 4 code M) with an immediate partial open-market sale. Because the sale was disclosed as a sell-to-cover for tax withholding, it’s generally viewed as a routine administrative transaction rather than an explicit signal of the insider’s market view.
• For full context on the nature and timing of the RSUs and total insider holdings, consult the issuer’s latest proxy statement as referenced in the footnotes.