Form 4: Oklo CFO Reports Stock Transactions

Oklo Inc. Chief Financial Officer Richard Craig Bealmear reported transactions involving the acquisition and disposition of Class A Common Stock and stock options.

Summary

• Richard Craig Bealmear, Chief Financial Officer of Oklo Inc., reported several transactions on July 1st and July 2nd, 2026.
• On July 1, 2026, Bealmear acquired 16,321 shares of Class A Common Stock at a price of $3.18 per share, increasing his directly held shares to 460,878.
• On the same day, he disposed of 16,321 shares of Class A Common Stock at a price of $52.63 per share, reducing his directly held shares to 444,557.
• This sale was executed as part of a Rule 10b5-1 trading plan adopted on September 22, 2025.
• On July 2, 2026, Bealmear acquired an additional 5,775 shares of Class A Common Stock at $3.18 per share, bringing his total directly held shares to 450,332.
• The filing also details stock options. On July 1, 2026, 16,321 options were acquired with an exercise price of $3.18, and on July 2, 2026, 5,775 options were acquired at the same price.
• These options vest starting August 1, 2024, with 20% vesting initially and the remainder vesting in 48 equal monthly installments.
• Following these transactions, Bealmear beneficially owns 663,986 shares through stock options.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral to slightly negative. While the transactions are executed under a compliant plan, the significant sale of shares by a key executive at a high profit margin could be perceived negatively by the market, despite the simultaneous acquisition of more shares and options.

Positives

• Acquisition of 16,321 shares of Class A Common Stock on July 1, 2026, at a favorable price of $3.18.
• Acquisition of an additional 5,775 shares of Class A Common Stock on July 2, 2026, also at $3.18.
• The sale of 16,321 shares on July 1, 2026, was conducted under a pre-established Rule 10b5-1 trading plan, indicating adherence to compliance protocols.
• Stock options acquired on July 1st and July 2nd, 2026, with a vesting schedule that commenced in August 2024, suggesting a long-term incentive structure.

Negatives

• Significant disposition of 16,321 shares of Class A Common Stock on July 1, 2026, at a substantially higher price ($52.63) than the acquisition price ($3.18) for both the shares and the options.
• The sale price of $52.63 per share is significantly higher than the acquisition price of $3.18 for the shares and options, indicating a substantial profit taken by the reporting person.

Risks

• The sale of a significant number of shares by a key executive could be interpreted by the market as a lack of confidence in the company's short-term prospects, despite being executed under a 10b5-1 plan.
• The substantial difference between the acquisition price of options/shares and the sale price might indicate that the reporting person believes the current stock price is at a peak or has reached a significant level.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Management Comments

• The sale reported herein was effected pursuant to a Rule 10b5-1 plan adopted on September 22, 2025.
• The stock option vested as to 20% of the underlying shares on August 1, 2024 and continues to vest thereafter in 48 substantially equal monthly installments.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The execution of a Rule 10b5-1 plan by Oklo Inc.'s CFO is a common practice to allow for systematic selling of shares without triggering insider trading concerns, especially when executives have significant stock-based compensation.

Stakeholder Impact

• Shareholders: May interpret the CFO's sale as a signal of potential price peak, although the sale is pre-planned. The acquisition of more shares and options may signal continued belief in long-term value.
• Employees: The vesting of stock options provides continued incentive and potential financial benefit.
• Management: Demonstrates adherence to regulatory requirements for insider trading through the use of a Rule 10b5-1 plan.

Next Steps

• Continued vesting of stock options according to the established schedule.
• Potential future transactions under the Rule 10b5-1 plan, depending on its terms and market conditions.

Key Dates

Recommendation

The filing reports routine insider transactions executed under a Rule 10b5-1 plan. While the sale of a significant number of shares by the CFO at a substantial profit could be a point of concern, the simultaneous acquisition of more shares and options, coupled with the pre-planned nature of the sale, suggests a balanced approach. This filing alone does not provide sufficient strategic or financial information to warrant a strong buy or sell recommendation, making 'hold' the most prudent stance for seasoned investors.

Keywords

Form 4, SEC Filing, Oklo Inc., OKLO, Richard Craig Bealmear, Chief Financial Officer, Class A Common Stock, Stock Options, Beneficial Ownership, Rule 10b5-1, Insider Trading, Stock Transactions