Research Summary
AI-generated summary of this SEC filing
Oklo (OKLO) GC Narayanadas Vivek Receives 1,014 Shares
What Happened
Narayanadas Vivek, General Counsel & Secretary of Oklo Inc. (OKLO), reported the conversion/vesting of 1,014 restricted stock units (RSUs) into 1,014 shares on August 3, 2026. The Form 4 shows an acquisition via exercise/conversion (code M) for 1,014 shares and a simultaneous disposition of 1,014 shares at $0.00 (reported proceeds $0). This was not an open‑market purchase or sale for cash but a routine vesting/conversion of compensation awards.
Key Details
- Transaction date: August 3, 2026 (period of report)
- Filing date: August 5, 2026 (Form 4 filed within the normal two-business-day window)
- Reported transactions: 1,014 shares acquired by exercise/conversion (code M); 1,014 shares disposed at $0.00 (derivative) — proceeds reported $0
- Price reported for acquisition: N/A; disposition price: $0.00
- Footnotes: F1 — each RSU converts to one share; F2 — 36,508 RSUs granted on Feb 3, 2025 with a vesting schedule; 1,014 RSUs vested on Aug 3, 2026
- Shares owned after transaction: not disclosed in the provided filing excerpt
- No 10b5-1 plan or tax‑withholding election explicitly stated in the provided notes; the filing does not specify the reason for the $0 disposition
Context
This activity reflects RSU vesting and conversion into common stock — a common form of executive compensation — rather than a market buy or sale. Dispositions shown at $0 in Form 4 filings often (but not always) correspond to administrative actions such as shares withheld to satisfy tax withholding or internal transfers; this specific filing does not explicitly state the reason. Retail investors should view this as routine compensation vesting rather than a directional trade signal.