DeWitte Jacob 4

What Happened Jacob DeWitte, a reported 10% owner of Oklo, sold a total of 200,000 Oklo (OKLO) shares in open‑market transactions on May 1, 2026, generating proceeds of approximately $14,046,389. The sales were reported in six tranches:

• 16,907 shares @ $69.06 = $1,167,597
• 43,093 shares @ $69.83 = $3,009,184
• 22,063 shares @ $70.42 = $1,553,676
• 17,937 shares @ $70.61 = $1,266,532
• 60,000 shares @ $70.19 = $4,211,400
• 40,000 shares @ $70.95 = $2,838,000

These were sales (not purchases), which are often routine and do not by themselves indicate management view of the company.

Key Details

• Transaction date: May 1, 2026 (filing date: May 4, 2026). The filing appears to be timely.
• Aggregate: 200,000 shares sold for $14.05M. Reported per‑lot prices are weighted averages; individual trades occurred across small ranges ($68.50–$71.38 per share).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt (see the issuer’s most recent proxy/filing for current beneficial ownership).
• Notable footnotes: Sales were effected pursuant to a Rule 10b5‑1 plan adopted March 31, 2025 (F1). Several footnotes (F2–F7, F10) state the reported prices are weighted averages across specified price ranges and that full per‑price allocations can be provided on request. Footnotes (F9, F11) note some securities are held by the reporting person’s spouse and direct readers to the proxy for more detail (F3, F8).

Context

• The seller is a 10% owner (large shareholder), not necessarily an executive; trades under a pre‑arranged 10b5‑1 plan typically indicate scheduled, rules‑based sales rather than opportunistic insider trades.
• Sales are less informative than purchases for signaling bullish conviction; factual reporting here documents the size, timing, and that the transactions were preplanned.