OKLO.NYSEOklo INC

Form 4: Oklo Inc. CEO Jacob DeWitte Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Oklo Inc. CEO Jacob DeWitte reports transactions involving Class A Common Stock and Restricted Stock Units, including acquisitions and dispositions, as per SEC Form 4 filing.

Summary

  • Jacob DeWitte, CEO of Oklo Inc., filed a Form 4 with the SEC detailing changes in his beneficial ownership of Oklo's Class A Common Stock.
  • On March 13, 2025, DeWitte acquired 56,180 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
  • Also on March 13, 2025, DeWitte disposed of 29,008 shares of Class A Common Stock at a price of $23.95.
  • Following these transactions, DeWitte directly owns 10,805,098 shares of Class A Common Stock.
  • DeWitte also indirectly owns 2,000,000 shares of Class A Common Stock through a GRAT (Grantor Retained Annuity Trust).
  • Caroline Cochran, DeWitte's spouse, also had transactions involving Class A Common Stock and RSUs on March 13, 2025.
  • Cochran acquired 39,326 shares of Class A Common Stock through RSU vesting and disposed of 20,303 shares at $23.95.
  • Cochran directly owns 10,502,108 shares and indirectly owns 2,000,000 shares through a GRAT.
  • The RSUs vest in 12 substantially equal quarterly installments beginning on August 9, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard SEC filing detailing transactions by company insiders, with no inherent positive or negative implications.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.

Stakeholder Impact

  • Shareholders are informed about the transactions of company insiders, providing transparency into their ownership positions.

Key Dates

DateDescription
August 9, 2024Start date for quarterly vesting of Restricted Stock Units.
March 13, 2025Date of transactions involving Class A Common Stock and Restricted Stock Units for Jacob DeWitte and Caroline Cochran.
April 02, 2025Date of signature on the SEC Form 4 filing.

Keywords

Oklo Inc., Jacob DeWitte, Caroline Cochran, SEC Form 4, Beneficial Ownership, Class A Common Stock, Restricted Stock Units, RSU, Vesting, Disposition, Grat

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