Research Summary
AI-generated summary of this SEC filing
Oklo (OKLO) GC Narayanadas Vivek Sells 223 Shares
What Happened
Narayanadas Vivek, General Counsel & Secretary of Oklo Inc. (OKLO), sold 223 shares on August 25, 2026 in an open-market/private sale at $40.80 per share, generating about $9,098. This was a sale (not a buy) and was executed to cover tax withholding on vested RSUs rather than as a discretionary investment move.
Key Details
- Transaction date: 2026-08-25; Filing date: 2026-08-27 (Form 4 accession 0002146790-26-000006). No late filing indication in the report.
- Price and proceeds: 223 shares × $40.80 = ~$9,098.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: The sale represents a "sell-to-cover" to satisfy tax withholding on RSU vesting (footnote F1); it is not a discretionary disposition.
- Transaction code: S = Sale; footnote code F indicates tax withholding.
Context
Sell-to-cover transactions are common when restricted stock units vest and employers require tax withholding; they typically do not signal a change in insider confidence. This filing documents the withholding sale rather than an active investment decision by the insider.