Form 4: Oklo CFO Exercises Options, Sells Shares Under 10b5-1 Plan

Oklo Inc.'s Chief Financial Officer, Richard Craig Bealmear, executed a pre-planned transaction involving the exercise of stock options and subsequent sale of Class A Common Stock.

Summary

• Richard Craig Bealmear, Chief Financial Officer of Oklo Inc., reported a change in beneficial ownership.
• On March 3, 2026, Mr. Bealmear acquired 5,839 shares of Class A Common Stock by exercising stock options at a price of $3.18 per share.
• Immediately following the option exercise on March 3, 2026, Mr. Bealmear sold 5,839 shares of Class A Common Stock at a price of $61.93 per share.
• The sale was conducted pursuant to a Rule 10b5-1 plan, which was adopted on September 22, 2025.
• Following these transactions, Mr. Bealmear beneficially owns 294,255 shares of Class A Common Stock directly.
• Mr. Bealmear also holds 846,595 stock options with an exercise price of $3.18, which began vesting on August 1, 2024, and continue to vest in 48 substantially equal monthly installments, with an expiration date of December 22, 2033.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction under a pre-arranged plan, which typically has a neutral to slightly positive sentiment as it demonstrates liquidity for the executive without implying immediate negative sentiment about the company's prospects. The significant gain from options exercise is positive for the executive.

Positives

• The Chief Financial Officer realized a significant gain from the exercise of stock options, acquiring shares at $3.18 and selling them at $61.93, indicating substantial personal financial benefit from the company's equity performance.
• The transaction was executed under a Rule 10b5-1 plan, adopted well in advance (September 22, 2025), which suggests a pre-planned liquidity event rather than a reaction to immediate market conditions or undisclosed information.

Negatives

• The sale of shares by a key executive, even under a 10b5-1 plan, represents a reduction in insider ownership, which some investors may interpret as a lack of conviction, although this is mitigated by the pre-planned nature of the transaction.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported in a Form 4, are routinely monitored by investors for signals regarding management's confidence in the company's future. While insider selling can sometimes raise questions, the execution under a Rule 10b5-1 plan, adopted several months prior, typically mitigates concerns about opportunistic selling based on non-public information. This type of transaction is common for executives managing personal finances and diversifying their holdings.

Stakeholder Impact

• Shareholders may observe the insider sale, but the pre-planned nature under a Rule 10b5-1 plan generally reduces concerns about its implications for the company's immediate prospects.
• The transaction provides liquidity and diversification for the Chief Financial Officer, which is a common aspect of executive compensation and personal financial planning.

Next Steps

• The remaining stock options held by the Chief Financial Officer will continue to vest in substantially equal monthly installments.

Key Dates

Recommendation

This Form 4 reports a pre-scheduled insider transaction (exercise and sale) by the CFO. While insider selling can sometimes be a negative signal, the transaction was executed under a Rule 10b5-1 plan adopted well in advance, suggesting it's part of a personal financial management strategy rather than a reaction to new, undisclosed negative information. The significant profit from the option exercise is positive for the executive. Without further context from other filings, this specific transaction alone does not warrant a change from a 'hold' recommendation.

Keywords

Oklo Inc., OKLO, Form 4, insider transaction, stock options, CFO, Richard Craig Bealmear, 10b5-1 plan, equity sale