Bealmear Richard Craig 4

What Happened

• Richard C. Bealmear, Chief Financial Officer of Oklo Inc. (OKLO), exercised stock options to acquire a total of 122,096 shares (exercise price $3.18) for aggregate cash consideration of about $388,265. Shortly after exercising, he sold a total of 73,081 shares in open-market transactions for aggregate proceeds of approximately $5,000,411. He also donated 2,100 shares as a gift to a donor-advised fund.

Key Details

• Transaction dates: June 1–2, 2026.
• Option exercise (acquisitions): 16,238 @ $3.18 ($51,637); 100,000 @ $3.18 ($318,000); 5,858 @ $3.18 ($18,628) — total cost ≈ $388,265.
• Open-market sales (dispositions): 16,238 @ $65.00 ($1,055,470); 10,000 @ $69.31 ($693,100); 46,843 @ $69.42 ($3,251,841) — total proceeds ≈ $5,000,411. Some sale prices reported as weighted averages across small price ranges (per footnotes).
• Gift: 2,100 shares donated to a donor-advised fund (Reporting Person relinquishes control per footnote).
• Derivative reporting: The Form 4 also shows the conversion/disposition of corresponding derivative securities at $0 to reflect the exercises.
• Plan and vesting notes: One sale was executed under a Rule 10b5‑1 trading plan adopted Sept 22, 2025; option vests per a schedule that began Aug 1, 2024 and vests monthly thereafter (per footnote).
• Shares owned after transaction: Not specified in this filing; the filer refers readers to the issuer’s most recent definitive proxy statement for current holdings (footnote F1).
• Filing timeliness: Form filed June 3, 2026 for transactions on June 1–2, 2026 (appears to be within the usual two-business-day Form 4 filing window).

Context

• The filing shows option exercises followed by sales of the resulting shares (i.e., shares acquired through exercise were sold). Gifts to donor-advised funds are charitable transfers and do not necessarily indicate personal intent to sell remaining holdings. Purchases/exercises provide a factual record of ownership change; sales indicate liquidity events but do not on their own imply a change in conviction.