Oklo (OKLO) Chief Legal & Strategy Officer Converts 20,685 RSUs

What Happened

• William Carroll Murphy, Oklo’s Chief Legal & Strategy Officer, reported the conversion of 20,685 restricted stock units (RSUs) into 20,685 shares on August 12, 2026 (transaction code M — exercise/conversion of a derivative). The filing also shows a simultaneous disposition of 20,685 shares at a $0.00 price. No cash proceeds were reported for the disposition.

Key Details

• Transaction date: August 12, 2026; Form 4 filed August 14, 2026 (filed timely).
• Transactions reported: 20,685 RSUs converted to shares (acquired) and 20,685 shares disposed at $0.00 (both coded M).
• Price: Acquired price N/A (RSU conversion); disposed price $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Relevant footnotes:
  • F1: Each RSU converts to one share of Class A common stock.
  • F2: The RSUs come from a grant on August 12, 2024 (248,227 RSUs total); 20,685 RSUs vested on August 12, 2026 as part of the scheduled vesting.
• No 10b5-1 plan or other plan noted; filing does not state the reason for the $0.00 disposal.

Context

• For RSU conversions, it’s common for companies to withhold or retire some or all newly issued shares to cover tax withholding or related obligations. This filing shows a conversion and an immediate disposition at $0.00, which typically reflects withholding rather than a market sale, but the Form 4 does not explicitly state the reason. This is routine employee compensation activity and not an open-market purchase or sale signaling a direct bullish or bearish trade.