Oklo (OKLO) Chief of Staff John Hanson Receives 961 RSU Shares

What Happened

• John Hanson, Chief of Staff at Oklo Inc. (OKLO), had 961 restricted stock units (RSUs vest and convert to shares) on September 13, 2026. The Form 4 shows an exercise/conversion (code M) of 961 RSUs (acquired) and a matching disposition of 961 shares at $0 (reported as disposed), indicating shares were withheld rather than sold in an open-market transaction. No cash proceeds were reported.

Key Details

• Transaction date: September 13, 2026; Form 4 filed September 15, 2026 (filed within the usual two-business-day window).
• Transactions reported as: Exercise/conversion of derivative (M) — 961 shares acquired; Exercise/conversion (M) — 961 shares disposed at $0.
• Price/value: Acquired reported as N/A; disposed reported at $0 — consistent with tax withholding/net settlement rather than a sale.
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of Class A common stock.
  • F2: Hanson was originally granted 57,665 RSUs on March 13, 2025; RSUs vest 20% on March 13, 2026 and thereafter in 48 roughly equal quarterly installments. On September 13, 2026, 961 RSUs were distributed.

Context

• This filing reflects a routine RSU vesting and settlement, not an open-market purchase or sale. The reported disposition at $0 typically means shares were withheld to satisfy tax withholding obligations (a common administrative step) rather than sold for cash. Such withholding reduces the insiders' net increase in shares; it should not be interpreted as a market-direction trade.