Oklo CEO Jacob DeWitte Donates 600,000 Shares to Charitable Fund
Jacob DeWitte, Co-Founder and CEO of Oklo, reported significant insider transactions on June 24, 2025.
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Rhea-AI Filing Summary
Jacob DeWitte, Co-Founder and CEO of Oklo, reported significant insider transactions on June 24, 2025. The key details include:
- DeWitte gifted 600,000 shares of Class A Common Stock to a donor advised fund
- The transaction was executed at $0 per share and was permitted under the lock-up agreement with Goldman Sachs & Co. LLC and BofA Securities
- Following the transactions, DeWitte's holdings include: - 10,405,098 shares held directly - 10,102,108 shares held indirectly through spouse Caroline Cochran - 2,000,000 shares in Jacob DeWitte GRAT - 2,000,000 shares in Caroline Cochran GRAT
DeWitte maintains significant ownership as a Director, Officer (CEO), and 10% Owner of Oklo, demonstrating continued substantial stake in the company despite the charitable gift transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 300,000 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 300,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This filing relates to a gift of 600,000 shares of Class A Common Stock to a donor advised fund as permitted by the lock-up agreement between the Reporting Person and Goldman Sachs & Co. LLC and BofA Securities, Inc., as representatives of the several underwriters dated June 12, 2025 (the "Lock-Up Agreement").
- F2. Represents securities held by the Reporting Person's spouse.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is OKLO CEO Jacob DeWitte's total beneficial ownership after the June 2025 transaction?
Was OKLO CEO's stock gift in June 2025 permitted under the lock-up agreement?
What positions does Jacob DeWitte hold at OKLO as of June 2025?
AI-generated analysis. How Rhea-AI works. Not financial advice.