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Oklo Inc.·4

Mar 16, 6:18 PM ET

DeWitte Jacob 4

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Oklo (OKLO) 10% Owner Jacob DeWitte Exercises RSUs, Sells Shares

What Happened
Jacob DeWitte, a 10% owner of Oklo Inc. (OKLO), had restricted stock units (RSUs) released/converted on March 12, 2026 and acquired common shares at an implied price of $59.59. The filing shows acquisitions totaling 220,140 shares for $13,118,143. Following the conversion, DeWitte sold 117,788 shares in open-market transactions on March 13, 2026 at $60.00 per share, generating $7,067,280. The filing also reports the settlement/cancellation of the underlying derivative RSU interests (shown as $0 disposed), consistent with RSU conversion.

Key Details

  • Transaction dates/prices:
    • 2026-03-12: Exercise/conversion (derivative) — 112,360 shares @ $59.59 = $6,695,532
    • 2026-03-12: Exercise/conversion (derivative) — 23,937 shares @ $59.59 = $1,426,406
    • 2026-03-12: Exercise/conversion (derivative) — 78,652 shares @ $59.59 = $4,686,873
    • 2026-03-12: Exercise/conversion (derivative) — 5,191 shares @ $59.59 = $309,332
    • 2026-03-12: Corresponding derivative dispositions (settlement) — 112,360 and 23,937 shares shown at $0.00 (derivative canceled/settled)
    • 2026-03-13: Open-market sales — 72,960 shares @ $60.00 = $4,377,600; and 44,828 shares @ $60.00 = $2,689,680
  • Totals: Acquired 220,140 shares for $13,118,143; Sold 117,788 shares for $7,067,280.
  • Shares owned after transaction: Not specified in this Form 4; see issuer’s most recent definitive proxy (Footnote F1).
  • Notable footnotes:
    • F6/F8: RSUs were released on March 12, 2026 (each RSU = one share).
    • F2: Sales represent “sell-to-cover” transactions to satisfy tax withholding obligations and are not discretionary trades by the reporting person.
    • F3–F5: Some securities/transactions relate to the reporting person’s spouse (see filing).
    • F9: Separate grant on 12/22/2025 of 71,811 RSUs with future vesting.
  • Filing timeliness: Report filed 2026-03-16 for transactions on 3/12–3/13; filing appears within the typical two-business-day Form 4 window.

Context
The filing reflects RSU settlement/conversion rather than an independent cash purchase of shares. The subsequent open-market sales were sell-to-cover transactions to cover tax withholding arising from the RSU settlement (common and generally non-discretionary). As a 10% owner, DeWitte’s activity is notable for size but the sales here were for tax purposes rather than a clear statement of market view.