Form 4: Oklo Inc. CFO Richard Bealmear Trades Shares

Oklo Inc. Chief Financial Officer Richard Craig Bealmear reported a series of transactions involving Class A Common Stock and stock options on June 1st and 2nd, 2026.

Summary

• Richard Craig Bealmear, CFO of Oklo Inc., engaged in multiple transactions involving Class A Common Stock and stock options on June 1st and June 2nd, 2026.
• On June 1st, 2026, Bealmear acquired 16,238 shares of Class A Common Stock at $3.18 per share and an additional 100,000 shares at $3.18 per share, increasing his total holdings.
• Also on June 1st, Bealmear sold 16,238 shares at a weighted average price of $65, 10,000 shares at $69.31, 2,100 shares as a gift, and 46,843 shares at a weighted average price between $69.35 and $69.55.
• On June 2nd, 2026, Bealmear acquired an additional 5,858 shares of Class A Common Stock at $3.18 per share.
• These transactions were made under a Rule 10b5-1 plan adopted on September 22, 2025.
• The filing also details the vesting schedule for stock options, with 20% vesting on August 1, 2024, and the remainder vesting in 48 equal monthly installments.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing. While the transactions were conducted under a Rule 10b5-1 plan, the significant sale of shares by the CFO, even if pre-planned, can be perceived negatively by the market.

Positives

• Acquisition of 122,096 shares of Class A Common Stock at a price of $3.18 per share on June 1st and June 2nd, 2026, indicating continued investment in the company.
• The transactions were conducted under a Rule 10b5-1 trading plan, suggesting pre-planned and potentially less market-impactful sales.
• A portion of shares (2,100) were donated as a gift to a donor-advised fund, indicating philanthropic activity.

Negatives

• Sale of a significant number of shares (75,081 shares in total across multiple transactions) on June 1st, 2026, at prices significantly higher than the acquisition price.
• The weighted average sale prices for some transactions were between $69.30 and $69.55, indicating a substantial profit taken by the reporting person.

Risks

• The sale of a large number of shares by a key executive could be interpreted by the market as a lack of confidence in future stock performance, although conducted under a 10b5-1 plan.
• The weighted average sale prices indicate a significant increase in share value from the acquisition price, but the filing does not provide context for this appreciation.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance. However, the ongoing vesting of stock options suggests continued incentive for management to perform.

Management Comments

• The sale reported herein was effected pursuant to a Rule 10b5-1 plan adopted on September 22, 2025.
• The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.30- $69.34 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
• The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.35- $69.55 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
• Represents shares donated as a gift by the Reporting Person to a donor-advised fund. After donation, the Reporting Person will have no control over, and will not be able to direct the disposition of, the donated shares by such donor-advised fund.
• 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 insider transactions, particularly sales, are closely watched by investors. While this filing details sales made under a pre-arranged 10b5-1 plan, which is designed to mitigate concerns about timing, the significant volume of shares sold by the CFO of Oklo Inc. warrants attention within the context of the broader energy sector's volatility and investor sentiment.

Stakeholder Impact

• Shareholders: May interpret the CFO's sales as a signal, potentially impacting short-term stock price, despite the 10b5-1 plan.
• Employees: The CFO's continued acquisition of shares at a lower price might be seen as a positive sign of personal investment, while sales could raise questions.
• Management: The transactions reflect the execution of a pre-determined trading strategy.

Next Steps

• Continued vesting of stock options over the next 48 months.
• Potential future transactions under the Rule 10b5-1 plan, depending on its terms and market conditions.

Key Dates

Recommendation

The filing details insider transactions under a Rule 10b5-1 plan. While the CFO is selling a significant number of shares at a profit, the pre-planned nature of these sales mitigates concerns about immediate negative sentiment. The acquisition of shares at a lower price suggests continued belief in the company's long-term prospects. Therefore, a 'hold' recommendation is appropriate, pending further fundamental analysis of Oklo Inc.'s business performance and market position.

Keywords

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