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

Oklo Inc. CEO Jacob DeWitte and his spouse sold a combined 140,001 shares of Class A Common Stock in pre-arranged transactions.

Summary

• Jacob DeWitte, Oklo Inc.'s Co-Founder, CEO, Director, and 10% Owner, sold 50,001 shares of Class A Common Stock directly and 40,000 shares indirectly through a GRAT.
• His spouse, Caroline Cochran, also sold 50,000 shares of Class A Common Stock indirectly.
• All sales occurred on March 2, 2026, and were executed under a Rule 10b5-1 plan adopted on March 31, 2025.
• The direct sales by Jacob DeWitte ranged from $60.00 to $64.71 per share, with weighted average prices between $60.4413 and $64.0572.
• The indirect sales by Jacob DeWitte GRAT were at a weighted average price of $64.3271, with prices ranging from $64.01 to $64.87.
• The indirect sales by Caroline Cochran ranged from $60.00 to $64.71 per share, with weighted average prices between $60.4413 and $64.0572.
• Following these transactions, Jacob DeWitte directly beneficially owns 688,196 shares and indirectly owns 1,310,000 shares via Jacob DeWitte GRAT, 1,000,000 shares via Jacob DeWitte GRAT No. 2, and 7,851,901 shares via the Jacob DeWitte Family Trust.
• Caroline Cochran indirectly beneficially owns 679,024 shares, 1,310,000 shares via Caroline Cochran GRAT, 1,000,000 shares via Caroline DeWitte GRAT No. 2, and 7,583,085 shares via the Caroline DeWitte Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While insider selling can sometimes be a negative signal, the execution under a pre-arranged 10b5-1 plan mitigates concerns about opportunistic trading, suggesting personal financial planning rather than a lack of confidence in the company.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 plan, indicating a structured approach to insider transactions and reducing concerns about opportunistic selling.

Negatives

• Significant insider selling by the CEO and a 10% owner, even if pre-planned, could be interpreted by some investors as a move to diversify personal holdings rather than a strong vote of confidence.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider selling, even under a 10b5-1 plan, is a common occurrence for executives managing personal wealth and diversifying portfolios. In the nuclear energy sector, where Oklo operates, such transactions are generally viewed through the lens of individual financial planning rather than as a direct signal about the company's operational performance, unless the volume is exceptionally high or deviates from a long-term pattern.

Related Party Transactions

• Sales of Class A Common Stock by Caroline Cochran, spouse of Jacob DeWitte, are disclosed as indirect beneficial ownership by the reporting person.

Stakeholder Impact

• Shareholders: May observe significant insider selling, which could lead to questions about management's long-term view, though the 10b5-1 plan provides transparency.
• Employees: No direct impact indicated.
• Customers: No direct impact indicated.
• Suppliers: No direct impact indicated.
• Creditors: No direct impact indicated.

Key Dates

Recommendation

The insider selling by CEO Jacob DeWitte and his spouse, while substantial in volume, was conducted under a pre-arranged 10b5-1 plan. This suggests a systematic approach to personal financial management rather than a reaction to new, negative material information. For a seasoned investor, this filing primarily serves as a transparency disclosure rather than a strong signal for immediate action. The underlying fundamentals of Oklo Inc. and broader market conditions would be more critical drivers for a 'buy' or 'sell' decision, making a 'hold' recommendation appropriate based solely on this Form 4.

Keywords

Oklo Inc., OKLO, Jacob DeWitte, Insider Selling, Form 4, 10b5-1 Plan, Class A Common Stock, CEO, Director, 10% Owner, Caroline Cochran