Form 4: Oklo Inc. CEO Jacob DeWitte Sells Shares
SEC Form 4 Filing
Oklo Inc.'s CEO, Jacob DeWitte, reported the sale of Class A Common Stock on December 20, 2024.
Summary
- On December 20, 2024, Jacob DeWitte, CEO of Oklo Inc., sold shares of Class A Common Stock.
- A total of 2,321 shares were sold at a weighted average price of $20.2428.
- An additional 228,248 shares were sold at a weighted average price of $21.628.
- Following these transactions, Jacob DeWitte directly owns 13,103,926 shares of Class A Common Stock.
- His spouse, Caroline Cochran, indirectly owns 12,543,085 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard SEC filing related to stock sales by an executive. The sales themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of the reported transactions (sale of Class A Common Stock). |
| 12/23/2024 | Date of signature by Richard Craig Bealmear, Attorney-in-Fact. |
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