Form 4: Oklo CEO Sells Over $15M in Class A Stock

Oklo Inc. Co-Founder and CEO Jacob DeWitte reported the sale of 200,000 shares of Class A Common Stock for approximately $15 million, executed under a Rule 10b5-1 plan.

Summary

• Jacob DeWitte, Co-Founder, CEO, Director, and 10% Owner of Oklo Inc., reported the sale of 200,000 shares of Class A Common Stock.
• The sales occurred on February 2, 2026, and were executed pursuant to a Rule 10b5-1 plan adopted on March 31, 2025.
• A total of 100,000 shares were sold directly by Jacob DeWitte and indirectly through the Jacob DeWitte GRAT, with weighted average prices ranging from $73.8095 to $78.2003.
• An additional 100,000 shares were sold indirectly through Jacob DeWitte's spouse, Caroline Cochran, and the Caroline Cochran GRAT, with identical weighted average prices.
• The total approximate value of the shares sold across all transactions is $14,990,800.
• Following these transactions, Jacob DeWitte continues to beneficially own a significant number of shares directly and indirectly through various trusts and GRATs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sales were pre-scheduled under a 10b5-1 plan, indicating planned diversification or liquidity management rather than an immediate reaction to company performance or a change in outlook.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived negatively by the market, potentially signaling a lack of confidence, though the 10b5-1 plan mitigates this concern.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The sales reported were effected pursuant to a Rule 10b5-1 plan adopted on March 31, 2025.

Industry Context

StockSavvy.ai notes that insider sales, even when conducted under a pre-arranged 10b5-1 plan, are closely monitored by investors. While a 10b5-1 plan suggests planned personal financial management rather than a reaction to new company-specific information, the market often scrutinizes such transactions for any potential signals about management's long-term confidence or valuation perspective, especially for a company in the emerging nuclear energy sector like Oklo.

Related Party Transactions

• Sales of Class A Common Stock were reported as beneficially owned indirectly by Jacob DeWitte through his spouse, Caroline Cochran, and various GRATs and family trusts associated with both individuals.

Stakeholder Impact

• Shareholders may interpret significant insider sales with caution, though the existence of a 10b5-1 plan typically alleviates concerns about immediate negative implications for the company's prospects.

Key Dates

Recommendation

The sales by CEO Jacob DeWitte were executed under a pre-arranged 10b5-1 plan, which typically indicates planned personal financial management rather than a reaction to new company-specific information. While significant in volume, the pre-scheduled nature suggests a neutral impact on the company's fundamental outlook. Investors should monitor future filings and company performance, but this specific transaction does not warrant a change from a 'hold' position.

Keywords

Oklo Inc., OKLO, Jacob DeWitte, insider trading, Form 4, stock sale, 10b5-1 plan, Class A Common Stock, CEO, Director, 10% Owner