Oklo (OKLO) general counsel sells shares to cover RSU taxes
Rhea-AI Filing Summary
Oklo Inc. (OKLO) reported that General Counsel & Secretary Vivek Narayanadas exercised and settled 4,806 Restricted Stock Units into the same number of Class A Common shares on August 21, 2026, as part of a February 3, 2025 RSU grant. Following this vesting, he holds 13,449 RSUs directly and 5,000 Class A shares indirectly through a joint account with his spouse. On August 24, 2026, he sold 3,264 Class A shares at $39.77 per share in a transaction used to cover tax withholding obligations via a “sell to cover” arrangement, described as non-discretionary, and the filing affirms use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Narayanadas Vivek
Role
General Counsel & Secretary
Sold
3,264 shs ($130K)
Approx. gross sale proceeds
$130K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 3,264 | $39.77 | $130K |
| Exercise | Restricted Stock Units F1, F3 | 4,806 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 4,806 | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,449 shares (Direct);
Class A Common Stock — 7,822 shares (Direct);
Class A Common Stock — 5,000 shares (Indirect, Joint account with spouse)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F3. On February 3, 2025, the Reporting Person was granted 36,508 RSUs, vesting as to 20% of the underlying shares on February 3, 2026 and continuing to vest thereafter in 24 substantially equal monthly installments. On August 21, 2026, 4,806 RSUs vested.
Key Figures
Shares sold: 3,264 shares
Sale price per share: $39.77 per share
RSUs vested: 4,806 RSUs
+3 more
6 metrics
Shares sold
3,264 shares
Class A Common Stock sale on August 24, 2026
Sale price per share
$39.77 per share
Price for 3,264 Class A shares sold on August 24, 2026
RSUs vested
4,806 RSUs
RSUs vested and settled into Class A Common Stock on August 21, 2026
RSUs remaining
13,449 RSUs
Direct RSU holdings following the August 21, 2026 vesting
Original RSU grant
36,508 RSUs
Grant dated February 3, 2025 to Vivek Narayanadas
Indirect common shares
5,000 shares
Class A Common Stock held in a joint account with spouse
Key Terms
Restricted Stock Units, sell to cover, Rule 10b5-1
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"to be funded by a "sell to cover" transaction and does not represent"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Rule 10b5-1 regulatory
"the filing affirms use of a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did OKLO General Counsel Vivek Narayanadas report?
He reported the vesting and settlement of 4,806 RSUs into Class A Common Stock on August 21, 2026, and the sale of 3,264 Class A shares at $39.77 per share on August 24, 2026, to cover tax withholding obligations.
What RSU activity did Oklo Inc. (OKLO) disclose for Vivek Narayanadas?
4,806 RSUs vested and were settled into an equal number of Class A Common shares on August 21, 2026, from a 36,508 RSU grant dated February 3, 2025. After this vesting, he directly holds 13,449 RSUs.
How many Oklo Inc. (OKLO) securities does Vivek Narayanadas hold after these transactions?
He holds 13,449 RSUs directly and 5,000 Class A Common shares indirectly through a joint account with his spouse. The Form 4 does not state his total direct common share holdings after the transactions.
Were the reported Oklo Inc. (OKLO) transactions under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox is affirmed, meaning the reported transactions were carried out pursuant to a trading plan under Rule 10b5-1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
