Form 4: Oklo CTO Sells Shares for Tax After RSU Vesting

Oklo Inc.'s Chief Technology Officer, Patrick Joseph Schweiger, sold 5,561 shares of Class A Common Stock to cover tax obligations following the vesting of 12,882 restricted stock units.

Summary

• Patrick Joseph Schweiger, Oklo Inc.'s Chief Technology Officer, reported transactions on March 24 and March 25, 2026.
• On March 24, 2026, 12,882 restricted stock units (RSUs) vested and were released to Mr. Schweiger. Each RSU represents a contingent right to receive one share of Class A Common Stock.
• On March 25, 2026, Mr. Schweiger sold 5,561 shares of Class A Common Stock at a price of $56.48 per share.
• This sale was explicitly stated as a "sell to cover" transaction to satisfy tax withholding obligations related to the RSU vesting and was not a discretionary sale.
• Following these transactions, Mr. Schweiger beneficially owns 19,430 shares of Class A Common Stock directly and 59,034 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While there's a sale of shares, it's a non-discretionary transaction for tax purposes following a scheduled RSU vesting, which is a routine part of executive compensation.

Positives

• The vesting of 12,882 restricted stock units (RSUs) for the Chief Technology Officer indicates continued compensation and retention of key management.

Negatives

• The sale of 5,561 shares of Class A Common Stock, even for tax purposes, reduces the direct equity ownership of the Chief Technology Officer in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that "sell to cover" transactions are a common and routine practice for executives receiving equity compensation, particularly restricted stock units, to manage tax liabilities upon vesting. This type of transaction is generally not indicative of a change in management's long-term view of the company.

Comparison to Industry Standards

• This type of "sell to cover" transaction is standard practice across industries for executives receiving equity compensation. For example, executives at tech giants like Apple (AAPL) or Microsoft (MSFT) frequently execute similar sales upon RSU vesting to cover tax obligations, which is a common mechanism for managing compensation and tax liabilities.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary insider transaction for tax purposes, not signaling a change in management's confidence.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Recommendation

This Form 4 filing reports a routine insider transaction involving RSU vesting and a subsequent "sell to cover" sale for tax purposes. It does not provide new fundamental information about Oklo Inc.'s operations, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should consider this a neutral event and maintain their current position based on broader company fundamentals.

Keywords

Oklo, OKLO, Form 4, insider transaction, RSU vesting, stock sale, Chief Technology Officer, Patrick Schweiger, equity compensation, tax withholding