4Filed Aug 4, 8:00 PM ET

Oklo (OKLO) 10% Owner Jacob DeWitte Sells Shares

$OKLO · Oklo Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Oklo (OKLO) 10% Owner Jacob DeWitte Sells Shares

What Happened
Jacob DeWitte, a reported 10% owner of Oklo Inc. (OKLO), sold a total of 120,000 shares in multiple open‑market transactions on August 3, 2026 for aggregate proceeds of approximately $4.9 million. Individual reported disposals were: 40,000 shares @ $41.68 ($1,667,200); 12,849 shares @ $40.14 ($515,759); 7,151 shares @ $40.94 ($292,762); 40,000 shares @ $41.35 ($1,654,000); 16,500 shares @ $38.55 ($636,075); and 3,500 shares @ $39.60 ($138,600). These sales were effected pursuant to a Rule 10b5‑1 trading plan adopted March 31, 2025 (footnote F1).

Key Details

  • Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (filed within the required 2 business‑day window).
  • Total shares sold: 120,000; total proceeds: ≈ $4,904,396.
  • Reported prices are weighted averages; footnotes disclose multiple trade price ranges (combined ranges reported: ~$38.10–$42.03).
  • Some reported shares/price lines reference the reporting person’s spouse and spouse‑held securities; the filing notes the spouse may provide detailed breakdowns upon request (see footnotes F10–F11 and others).
  • Shares owned after the transactions are not stated in this Form 4; the filing points to the issuer’s most recent proxy statement for fuller ownership details (footnotes F3, F7).

Context

  • These were sales (not purchases). Sales executed under a pre‑arranged 10b5‑1 plan are typically pre‑scheduled and are considered routine disposition mechanisms rather than ad‑hoc insider timing.
  • As a 10% owner, DeWitte is a large shareholder; such transactions reflect insider selling but do not, by themselves, indicate the company’s future performance.