Form 4: Oklo CEO DeWitte Sells Shares Under 10b5-1 Plan

Oklo Inc. Co-Founder and CEO Jacob DeWitte, along with his spouse, sold over 328,000 shares of Class A Common Stock in early January 2026 under a pre-arranged trading plan.

Summary

• Jacob DeWitte, Co-Founder, CEO, Director, and 10% Owner of Oklo Inc. (OKLO), reported sales of Class A Common Stock.
• The transactions occurred on January 7 and January 8, 2026.
• Sales were executed pursuant to a Rule 10b5-1 plan adopted on March 31, 2025.
• DeWitte directly sold 93,260 shares at weighted average prices ranging from $93.7874 to $100.00.
• An additional 70,926 shares were sold indirectly through the Jacob DeWitte GRAT at weighted average prices from $100.0177 to $100.0561.
• DeWitte's spouse, Caroline Cochran, also reported sales of 93,259 shares directly and 70,927 shares indirectly through the Caroline Cochran GRAT, at similar price ranges.
• Following these transactions, DeWitte retains significant direct and indirect beneficial ownership, including 834,937 direct shares and millions more through various trusts and GRATs.
• The total number of shares sold by DeWitte and his spouse across all reported transactions is 328,372.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While insider selling can sometimes be viewed negatively, the execution under a pre-planned 10b5-1 plan at relatively high prices mitigates concerns. The CEO and spouse retain substantial ownership, indicating continued long-term interest.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 plan, indicating a planned liquidity event rather than a reaction to recent negative company developments.
• The sales occurred at relatively high prices, ranging from approximately $93.15 to $100.48 per share.
• DeWitte and his spouse retain substantial beneficial ownership in Oklo Inc. after these transactions, demonstrating continued alignment with shareholder interests.

Negatives

• Significant insider selling by a CEO and co-founder, even if pre-planned, can sometimes be perceived negatively by the market as it reduces the insider's direct equity stake.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions and does not provide specific insights into broader industry trends or competitive landscape. However, insider sales in the nuclear energy sector, particularly by a CEO of a company like Oklo, are closely watched for signals regarding management's confidence and personal financial planning.

Related Party Transactions

• Sales of Class A Common Stock by Caroline Cochran, spouse of Jacob DeWitte, are considered related party transactions.

Stakeholder Impact

• Shareholders may observe a reduction in the CEO's direct equity stake, though the pre-planned nature of the sales and continued significant ownership by the CEO and his spouse may temper concerns.
• Employees, customers, suppliers, and creditors are unlikely to be directly impacted by this routine insider transaction filing.

Key Dates

Recommendation

The insider sales by CEO Jacob DeWitte and his spouse are significant in volume but were conducted under a pre-arranged 10b5-1 plan, which typically signals a planned liquidity event rather than a reaction to adverse company developments. The sales occurred at strong price points. Given the pre-planned nature and the fact that the insiders retain substantial beneficial ownership, this filing alone does not warrant a 'sell' recommendation. However, it also doesn't present new positive catalysts for a 'buy' recommendation. Therefore, a 'hold' recommendation is appropriate, advising investors to maintain their current positions while monitoring future company performance and market conditions.

Keywords

Oklo Inc., OKLO, Jacob DeWitte, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director, Beneficial Ownership, Nuclear Energy