DeWitte Jacob 4
Research Summary
AI-generated summary
Oklo (OKLO) 10% Owner Jacob DeWitte Sells 200,000 Shares
What Happened
- Jacob DeWitte, a reported 10% owner of Oklo Inc. (OKLO), sold a total of 200,000 shares in open-market/private-sale transactions on July 1, 2026. The four reported lots and weighted-average prices were: 60,000 @ $52.80 ($3,168,000); 40,000 @ $53.71 ($2,148,400); 60,000 @ $52.30 ($3,138,000); and 40,000 @ $53.28 ($2,131,200). Aggregate proceeds across the trades were $10,585,600. These were sales (not purchases), which are generally routine disposition activity rather than a bullish signal.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely).
- Total shares sold: 200,000; total proceeds: $10,585,600.
- Reported price detail: lots sold in multiple transactions with per-lot weighted averages shown above; overall trade prices ranged roughly from $51.52 to $54.30 per accompanying footnotes. The filer offers to disclose the exact breakdown of shares at each price upon request.
- Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 31, 2025.
- Shares owned after the transaction: not specified in this filing; the filer refers readers to the issuer’s most recent definitive proxy statement for full equity holdings.
- Some footnotes reference securities held by the reporting person’s spouse and provide additional price-range details; see filing or proxy for more information.
Context
- These transactions were pre-arranged under a 10b5-1 plan, which is commonly used to automate insider sales and reduce questions about intent. As a 10% owner (not necessarily an executive-level trade), this is disclosure of substantial insider selling but does not, by itself, indicate company outlook. For full background on the reporting person’s total holdings, consult Oklo’s latest proxy statement.