DeWitte Jacob 4
4 · Oklo Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Oklo (OKLO) 10% Owner Jacob DeWitte Exercises RSUs, Sells Shares
What Happened
Jacob DeWitte, a 10% owner of Oklo Inc. (OKLO), had restricted stock units (RSUs) released/converted on March 12, 2026 and acquired common shares at an implied price of $59.59. The filing shows acquisitions totaling 220,140 shares for $13,118,143. Following the conversion, DeWitte sold 117,788 shares in open-market transactions on March 13, 2026 at $60.00 per share, generating $7,067,280. The filing also reports the settlement/cancellation of the underlying derivative RSU interests (shown as $0 disposed), consistent with RSU conversion.
Key Details
- Transaction dates/prices:
- 2026-03-12: Exercise/conversion (derivative) — 112,360 shares @ $59.59 = $6,695,532
- 2026-03-12: Exercise/conversion (derivative) — 23,937 shares @ $59.59 = $1,426,406
- 2026-03-12: Exercise/conversion (derivative) — 78,652 shares @ $59.59 = $4,686,873
- 2026-03-12: Exercise/conversion (derivative) — 5,191 shares @ $59.59 = $309,332
- 2026-03-12: Corresponding derivative dispositions (settlement) — 112,360 and 23,937 shares shown at $0.00 (derivative canceled/settled)
- 2026-03-13: Open-market sales — 72,960 shares @ $60.00 = $4,377,600; and 44,828 shares @ $60.00 = $2,689,680
- Totals: Acquired 220,140 shares for $13,118,143; Sold 117,788 shares for $7,067,280.
- Shares owned after transaction: Not specified in this Form 4; see issuer’s most recent definitive proxy (Footnote F1).
- Notable footnotes:
- F6/F8: RSUs were released on March 12, 2026 (each RSU = one share).
- F2: Sales represent “sell-to-cover” transactions to satisfy tax withholding obligations and are not discretionary trades by the reporting person.
- F3–F5: Some securities/transactions relate to the reporting person’s spouse (see filing).
- F9: Separate grant on 12/22/2025 of 71,811 RSUs with future vesting.
- Filing timeliness: Report filed 2026-03-16 for transactions on 3/12–3/13; filing appears within the typical two-business-day Form 4 window.
Context
The filing reflects RSU settlement/conversion rather than an independent cash purchase of shares. The subsequent open-market sales were sell-to-cover transactions to cover tax withholding arising from the RSU settlement (common and generally non-discretionary). As a 10% owner, DeWitte’s activity is notable for size but the sales here were for tax purposes rather than a clear statement of market view.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-12$59.59/sh+112,360$6,695,532→ 800,556 total - Exercise/Conversion
Class A Common Stock
[F1]2026-03-12$59.59/sh+23,937$1,426,406→ 824,493 total - Sale
Class A Common Stock
[F2][F1]2026-03-13$60.00/sh−72,960$4,377,600→ 751,533 total - Exercise/Conversion
Class A Common Stock
[F3]2026-03-12$59.59/sh+78,652$4,686,873→ 757,676 total(indirect: By Caroline Cochran) - Exercise/Conversion
Class A Common Stock
[F3]2026-03-12$59.59/sh+5,191$309,332→ 762,867 total(indirect: By Caroline Cochran) - Sale
Class A Common Stock
[F4][F3]2026-03-13$60.00/sh−44,828$2,689,680→ 718,039 total(indirect: By Caroline Cochran) - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-12−112,360→ 168,539 total→ Class A Common Stock (112,360 underlying) - Exercise/Conversion
Restricted Stock Units
[F8][F9]2026-03-12−23,937→ 47,874 total→ Class A Common Stock (23,937 underlying)
- 1,310,000(indirect: By Jacob DeWitte GRAT)
Class A Common Stock
[F1] - 1,000,000(indirect: By Jacob DeWitte GRAT No. 2)
Class A Common Stock
[F1] - 7,851,901(indirect: By Trust)
Class A Common Stock
[F1] - 1,310,000(indirect: By Caroline Cochran GRAT)
Class A Common Stock
[F5] - 1,000,000(indirect: By Caroline DeWitte GRAT No. 2)
Class A Common Stock
[F5] - 7,583,085(indirect: By Trust)
Class A Common Stock
[F5]
Footnotes (9)
- [F1]For more information about the equity of the Issuer held by the Reporting Person, please see the Issuer's most recent definitive proxy statement filed with the Securities and Exchange Commission.
- [F2]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the RSUs listed in Table II. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]Represents securities held by the Reporting Person's spouse.
- [F4]Represents the number of shares sold by the Reporting Person's spouse to cover tax withholding obligations in connection with the vesting and settlement of the RSUs listed in Table II. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person's spouse.
- [F5]Represents securities beneficially owned by the Reporting Person's spouse.
- [F6]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. On March 12, 2026, 112,360 and 78,652 RSUs were released to Mr. DeWitte and Ms. Cochran, respectively.
- [F7]The RSUs vest in 12 substantially equal quarterly installments beginning on August 9, 2024.
- [F8]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. On March 12, 2026, 23,937 and 5,191 restricted stock units were released to Mr. DeWitte and Ms. Cochran, respectively.
- [F9]On December 22, 2025, the Reporting Person was granted 71,811 RSUs, vesting in three substantially equal annual installments beginning on December 31, 2025.