Bealmear Richard Craig 4

What Happened

• Richard Craig Bealmear, Chief Financial Officer of Oklo Inc. (OKLO), exercised stock options totaling 22,096 shares (16,342 on 2026-04-01 and 5,754 on 2026-04-02) at an exercise price of $3.18 per share (cash paid ≈ $70,266). On 2026-04-01 he sold 16,342 of those shares in an open-market transaction at $51.08 per share for total proceeds of about $834,749. The remaining 5,754 shares were exercised on 2026-04-02 and were not reported sold in this filing.

Key Details

• Transaction dates and prices:
  • 2026-04-01: Exercised 16,342 options @ $3.18 (acquired; $51,968) and sold 16,342 shares @ $51.08 (disposed; ~$834,749).
  • 2026-04-02: Exercised 5,754 options @ $3.18 (acquired; $18,298); no sale reported for these shares in this Form 4.
• Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted on September 22, 2025 (Footnote F2).
• Vesting notes: underlying options vest 20% on Aug 1, 2024 and then monthly thereafter (see Footnotes F3 and F4 for specific installment schedules).
• Shares owned after transaction: not specified in this Form 4; see the issuer’s most recent definitive proxy statement for current beneficial ownership (Footnote F1).
• Filing timeliness: Form filed 2026-04-03 for transactions on 2026-04-01 and 2026-04-02; appears timely under Form 4 reporting rules.

Context

• This was an option exercise followed by an immediate open-market sale of a portion of the exercised shares—commonly a cashless outcome where the insider converts options to shares and sells some to realize proceeds. The sale itself was executed under a pre-established 10b5‑1 plan, which is a routine mechanism for scheduled insider sales and does not, by itself, indicate management sentiment.