Oklo Inc.: General counsel & secretary Narayanadas Vivek sold 2,359 shares

What happened

• Narayanadas Vivek, general counsel & secretary, had 4,400 restricted stock units converted to shares on Oct 17, 2026 (exercise/conversion of a derivative) and sold 2,359 shares on Oct 19, 2026 at $27.63 per share for $65,179, according to the Form 4.

Key details

• Transaction dates and prices:
  • Oct 17, 2026: exercise/conversion of derivative for 4,400 shares (price not applicable per filing) (F4, F1).
  • Oct 19, 2026: open market sale of 2,359 shares at $27.63 per share for $65,179 (F3).
• Shares owned after the transaction: not specified in the provided filing summary.
• Relevant footnotes from the filing:
  • F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of Class A common stock.
  • F4: On Mar 25, 2026 the reporting person was granted 22,000 RSUs; 20% (4,400 RSUs) vested on Oct 17, 2026 and the remainder vests in monthly installments.
  • F3: The Oct 19 sale was a sell-to-cover to satisfy tax withholding, effected under a Rule 10b5-1 trading plan established Apr 2, 2026, and was not a discretionary transaction by the reporting person.
  • F2: Includes 5,000 shares held in a joint account with the reporting person’s spouse, previously reported as indirectly owned.
• Filing date and period reported: Form filed Oct 20, 2026 for transactions on Oct 17 and Oct 19, 2026.

Why it may matter

• The filing shows RSUs vested and were converted into shares on Oct 17, 2026; a portion of shares were sold on Oct 19, 2026 to cover tax obligations (sell-to-cover), per a Rule 10b5-1 plan.
• The Form 4 shows an acquisition (conversion) of 4,400 RSUs and a subsequent market sale of 2,359 shares; it does not explain the insider’s motives.
• A filing does not show why the insider traded or why the company acted.