Research Summary
AI-generated summary of this SEC filing
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 open-market/private transactions on September 1, 2026, for aggregate proceeds of approximately $4,631,254. Individual reported transactions: 40,000 shares @ $38.40 ($1,536,000); 20,000 shares @ $38.56 ($771,200); 40,000 shares @ $38.66 ($1,546,400); 19,800 shares @ $38.88 ($769,824); and 200 shares @ $39.15 ($7,830). These are sales (not purchases).
Key Details
- Transaction date: 2026-09-01; Form 4 filed 2026-09-02 (timely filing).
- Total shares sold: 120,000; total proceeds: ~$4.63 million.
- Reported prices (by trade group) produced weighted-average prices; individual trade prices ranged roughly from $38.08 to $39.15 per share.
- Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 31, 2025 (footnote F1).
- The filing references additional disclosures about holdings (see issuer’s most recent definitive proxy statement per footnotes F3/F6); this Form 4 does not list post-transaction total holdings explicitly.
- Some footnotes indicate related spouse-held securities and provide ranges for weighted-average prices; full per-trade price detail is available upon request to the issuer or SEC staff.
Context
- These are outright sales by a significant (10%) shareholder. Sales under a pre-established 10b5-1 plan are commonly used for scheduled or orderly disposition and do not, by themselves, indicate insider sentiment about company fundamentals.
- For retail investors: purchases generally carry stronger signals than routine sales. If you want precise post-transaction ownership or more granular trade-by-trade prices, consult Oklo’s latest proxy statement or request details from the company or the SEC filing.