Oklo (OKLO) CEO and 10% owner discloses Rule 10b5-1 GRAT share sales
Rhea-AI Filing Summary
Oklo Inc. insider Jacob DeWitte, the co-founder, CEO, director and 10% owner, reported multiple sales of Class A common stock on
The GRATs sold blocks of shares at weighted average prices of
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FAQ
What insider activity did Oklo (OKLO) report in this Form 4?
The filing reports that co-founder, CEO, director and 10% owner Jacob DeWitte had multiple sales of Oklo Class A common stock on
Were the Oklo (OKLO) insider stock sales part of a Rule 10b5-1 plan?
Yes. The explanation states that the sales were effected pursuant to a Rule 10b5-1 plan adopted on March 31, 2025, meaning the trades were pre-arranged under a written trading plan.
What prices were Oklo (OKLO) shares sold for in these insider transactions?
The reported weighted average sale prices were
How many Oklo (OKLO) shares does the CEO beneficially own after these transactions?
After the reported sales, the Form 4 shows 9,780,098 Class A shares held directly, 9,502,108 shares held indirectly through his spouse, and additional indirect holdings of around 1.58 million shares in each of the DeWitte and Cochran GRATs.
Who signed the Oklo (OKLO) Form 4 reporting these insider transactions?
The Form 4 is signed by /s/ Richard Craig Bealmear, Attorney-in-Fact, on
What is a weighted average price as used in the Oklo (OKLO) Form 4?
The filing explains that each reported price in Column 4 is a weighted average, reflecting multiple individual trades in a range of prices on the same day, and notes that detailed trade data is available upon request.