Research Summary
AI-generated summary of this SEC filing
Oklo (OKLO) GC Vivek Narayanadas Exercises 210 RSUs
What Happened
- Vivek Narayanadas, General Counsel & Secretary of Oklo Inc. (OKLO), reported the conversion/exercise of 210 restricted stock units (RSUs) into 210 shares on 2026-09-11. The Form 4 shows an acquisition of 210 shares via conversion (transaction code M) and a simultaneous disposition of 210 shares at $0.00 (no cash proceeds reported). This was not an open-market purchase or a sale for cash.
Key Details
- Transaction date: September 11, 2026 (reported on Form 4 filed September 15, 2026).
- Activity: Exercise/conversion of derivative (code M) — 210 shares acquired; 210 shares disposed at $0.00.
- Price/Value: Acquired via conversion (no purchase price); disposed at $0.00 (no proceeds reported).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU converts to one share of Class A Common Stock. F2 — 210 RSUs were granted on 9/19/2025 and vested in full on 9/11/2026.
- Timeliness: Form filed 2026-09-15 for a 2026-09-11 transaction — within the Form 4 reporting window (timely).
Context
- This filing reflects RSU vesting and conversion rather than a market buy or sell. The zero-dollar disposition often indicates share surrender or withholding (e.g., for taxes) or another non-cash settlement method, but the filing’s footnotes do not explicitly state the reason. No cash sale or market transaction is reported.