Oklo (NYSE: OKLO) legal chief's tax-cover sale leaves 45,268 shares
Rhea-AI Filing Summary
Oklo Inc. (OKLO) reported an insider transaction by William Carroll Murphy, its Chief Legal & Strategy Officer. On August 24, 2026, he sold 11,592 shares of Class A Common Stock at $39.77 per share. According to the company disclosure, this sale was solely to cover tax withholding obligations related to the vesting and settlement of RSUs under a "sell to cover" arrangement and is described as not being a discretionary transaction by the reporting person. After this transaction, he directly holds 45,268 shares of Oklo Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,592 shares
Net Sell
1 txn
Insider
Goodwin William Carroll Murphy
Role
Chief Legal & Strategy Officer
Sold
11,592 shs ($461K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 11,592 | $39.77 | $461K |
Holdings After Transaction:
Class A Common Stock — 45,268 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares sold: 11,592 shares
Sale price per share: $39.77 per share
Shares owned after transaction: 45,268 shares
+1 more
4 metrics
Shares sold
11,592 shares
Class A Common Stock sold on August 24, 2026 by William Carroll Murphy
Sale price per share
$39.77 per share
Price for the 11,592 shares of Class A Common Stock sold
Shares owned after transaction
45,268 shares
Directly held by William Carroll Murphy following the reported sale
Net shares sold
11,592 shares
Net sell activity across all transactions reported in this Form 4
Key Terms
sell to cover, tax withholding obligations, RSUs
3 terms
sell to cover financial
"to be funded by a "sell to cover" transaction and does not repr"
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.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding oblig"
RSUs financial
"in connection with the vesting and settlement of the RSUs. The sa"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did OKLO disclose in this Form 4?
Oklo disclosed that Chief Legal & Strategy Officer William Carroll Murphy sold 11,592 shares of Class A Common Stock at $39.77 per share on August 24, 2026, in a transaction reported as a sale to cover tax withholding obligations tied to RSU vesting.
Was the OKLO insider sale a discretionary trade by the officer?
The filing states that the sale of 11,592 shares by William Carroll Murphy was to cover tax withholding obligations via a "sell to cover" transaction and "does not represent a discretionary transaction" by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.