Form 4: Oklo CFO Bealmear Exercises RSUs, Sells Shares for Tax

Oklo Inc.'s Chief Financial Officer, Richard Craig Bealmear, acquired shares through RSU vesting and subsequently sold a portion to cover tax obligations under a pre-arranged 10b5-1 plan.

Summary

• Richard Craig Bealmear, CFO of Oklo Inc., acquired a total of 163,843 shares of Class A Common Stock on March 12, 2026, through the vesting and settlement of Restricted Stock Units (RSUs).
• These acquisitions included 80,000 shares, 78,652 shares, and 5,191 shares, all at an effective price of $59.59 per share.
• Following these acquisitions, Bealmear's direct beneficial ownership increased to 458,098 shares.
• On March 13, 2026, Bealmear disposed of 72,090 shares of Class A Common Stock at a price of $60 per share.
• This disposition was a "sell to cover" transaction, specifically to satisfy tax withholding obligations related to the RSU vesting, and was not a discretionary sale.
• After the "sell to cover" transaction, Bealmear's direct beneficial ownership stands at 386,008 shares.
• The transactions were conducted under a Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting standard executive compensation practices and tax management rather than a discretionary investment decision or a signal of company performance.

Positives

• The vesting of 163,843 Restricted Stock Units (RSUs) indicates the fulfillment of long-term incentive compensation for the Chief Financial Officer.
• The CFO's beneficial ownership remains substantial at 386,008 shares after the transactions, demonstrating continued alignment with shareholder interests.

Negatives

• The sale of 72,090 shares, although for tax purposes, represents a reduction in the CFO's direct holdings of Oklo Inc. stock.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as RSU vesting and subsequent 'sell to cover' sales, are common occurrences for executives in publicly traded companies across all industries. These transactions are typically pre-scheduled under Rule 10b5-1 plans to avoid accusations of trading on material non-public information.

Comparison to Industry Standards

• StockSavvy.ai observes that the 'sell to cover' mechanism is a standard practice for executives to manage tax liabilities arising from equity compensation, aligning with common practices seen at companies like Microsoft, Apple, and Google when their executives' stock options or RSUs vest.
• The prices of $59.59 and $60 per share are specific to Oklo Inc. and are not directly comparable to other companies without broader market context.

Related Party Transactions

• The grant and vesting of Restricted Stock Units (RSUs) to the Chief Financial Officer are considered related party transactions as they involve compensation from the company to an executive.

Stakeholder Impact

• Shareholders: The transactions represent a routine part of executive compensation and tax management, with a slight reduction in the CFO's direct holdings due to the "sell to cover" sale, but overall continued alignment through remaining beneficial ownership.
• Employees: The RSU vesting demonstrates the company's commitment to equity-based compensation for its executives, which can set a precedent for other employees.

Next Steps

• Continued vesting of 78,652 RSUs in 12 substantially equal quarterly installments beginning on August 9, 2024.
• Continued vesting of 15,574 RSUs in three substantially equal annual installments beginning on December 31, 2025.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation (RSU vesting and a 'sell to cover' tax sale) under a pre-arranged 10b5-1 plan. Such transactions are generally non-discretionary and do not typically signal a change in the company's fundamental outlook or the executive's confidence. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is appropriate based solely on this filing.

Keywords

Oklo Inc., OKLO, Form 4, Insider Trading, Richard Craig Bealmear, CFO, Restricted Stock Units, RSU vesting, Sell to Cover, Stock Sale, Beneficial Ownership, 10b5-1 plan