Oklo (OKLO) GC Vivek Narayanadas Exercises RSUs, Sells Shares

What Happened
Vivek Narayanadas, General Counsel & Secretary of Oklo (OKLO), had a total of 1,701 restricted stock units (RSUs) vest (1,014 on 2026-09-03 and 687 on 2026-09-08) and completed a sale of 538 shares on 2026-09-04 at $39.88 for proceeds of $21,455. The sale was a sell-to-cover to satisfy tax withholding related to RSU settlement, per filing footnotes.

Key Details

• Transaction dates and amounts:
  • 2026-09-03: 1,014 RSUs vested (converted to shares; reported as derivative exercise/conversion).
  • 2026-09-04: 538 shares sold open market at $39.88 each for $21,455 (footnote: sell-to-cover for taxes).
  • 2026-09-08: 687 RSUs vested (converted to shares).
• Footnotes:
  • F1/F3/F4: Each RSU equals a contingent right to one share; grants and vesting schedules noted (36,508 RSUs granted 2/3/2025 with monthly vesting; 8,240 RSUs granted 7/17/2026 with monthly vesting).
  • F2: The 538-share sale was to satisfy tax withholding and was not a discretionary sale by the reporting person.
• Shares owned after the transactions: not disclosed in the provided filing.
• Filing date: Form 4 filed 2026-09-08 (covers transactions on 9/03–9/08). Some earlier transactions (9/03 and 9/04) appear to have been reported after the 2-business-day window typically required for Form 4.

Context
These transactions are mostly routine RSU vesting and a sell-to-cover tax withholding, not an open-market sell motivated by portfolio reallocation. RSU vesting converts deferred equity into shares; the reported sale was explicitly to cover taxes, which is common and not necessarily an indicator of insider sentiment.