Form 4: Oklo Co-Founder and CEO Jacob DeWitte Gifts 200,000 Shares of Class A Common Stock

Oklo Inc.'s Co-Founder and CEO, Jacob DeWitte, reported the gifting of a total of 200,000 shares of Class A Common Stock, reducing his direct and indirect beneficial ownership.

Summary

• Jacob DeWitte, Co-Founder, CEO, Director, and 10% Owner of Oklo Inc. (OKLO), reported changes in his beneficial ownership.
• On May 29, 2025, Mr. DeWitte disposed of 100,000 shares of Class A Common Stock directly via a gift (transaction code 'G') at a price of $0.
• Following this direct transaction, his direct beneficial ownership stands at 10,705,098 shares of Class A Common Stock.
• Additionally, on May 29, 2025, Mr. DeWitte disposed of another 100,000 shares of Class A Common Stock indirectly via a gift (transaction code 'G') at a price of $0.
• This indirect disposition relates to securities held by his spouse, Caroline Cochran, and following this transaction, his indirect beneficial ownership through Caroline Cochran is 10,402,108 shares.
• Mr. DeWitte also maintains indirect beneficial ownership of 2,000,000 shares through a Jacob DeWitte GRAT and 2,000,000 shares through a Caroline Cochran GRAT.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While the CEO disposed of shares, it was via a gift ($0 price) rather than a sale for cash, which is often for estate planning or charitable purposes and typically viewed less negatively than a market sale. It represents a reduction in the insider's beneficial ownership but does not imply a lack of confidence in the company's future.

Negatives

• The reporting person, Jacob DeWitte, reduced his total beneficial ownership by 200,000 shares through gift transactions.

Industry Context

This filing is a standard insider transaction report and does not provide information on broader industry trends or competitive landscape for the nuclear energy or advanced reactor sector in which Oklo Inc. operates.

Related Party Transactions

• One of the gift transactions involved shares indirectly held by the reporting person through his spouse, Caroline Cochran, which is a related party.

Stakeholder Impact

• Shareholders: The transaction indicates a reduction in the CEO's direct and indirect beneficial ownership, which is a change in insider holdings but not a market sale.

Key Dates

Keywords

Oklo Inc., OKLO, Jacob DeWitte, SEC Form 4, Insider Transaction, Stock Ownership, Gift of Shares, Beneficial Ownership, Class A Common Stock