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Oklo Inc.·4

Mar 26, 4:32 PM ET

Schweiger Patrick Joseph 4

Research Summary

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Updated

Oklo (OKLO) CTO Patrick Schweiger Sells Shares After RSU Vesting

What Happened

  • Patrick Joseph Schweiger, Chief Technology Officer of Oklo (OKLO), had 12,882 restricted stock units (RSUs vest and convert to shares) on March 24, 2026. The filing shows the RSUs were released and converted to shares that same day.
  • To satisfy tax-withholding obligations tied to that vesting, some shares were surrendered/withheld and 5,561 shares were sold in the open market on March 25, 2026 at $56.48 per share, producing proceeds of $314,085. The filings record a zero-dollar disposition tied to the RSU settlement (withholding/surrender) and the open-market sale.

Key Details

  • Transaction dates and prices:
    • 2026-03-24: 12,882 RSUs vested and were converted to shares (reported as acquisition via derivative conversion).
    • 2026-03-24: 12,882-share disposition reported at $0 (reflects withholding/surrender related to the RSU settlement).
    • 2026-03-25: Open-market sale of 5,561 shares at $56.48 each; proceeds $314,085.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1: Each RSU equals one share; 12,882 RSUs released on March 24, 2026.
    • F2: The sale was a "sell-to-cover" to satisfy tax withholding and is not a discretionary transaction by the reporting person.
    • F3: The RSUs were originally granted on March 15, 2025 and vest in scheduled installments (one-third on March 15, 2026, then monthly).
  • Filing timeliness: Report covers period ending 2026-03-24 and was filed 2026-03-26 — appears timely (no late-filing flag reported).

Context

  • These entries reflect RSU vesting and routine tax-related share withholding/sale (a common, non-discretionary practice). The open-market sale was to cover tax obligations rather than an independent decision to take investment gains off the table.
  • For retail investors: purchases or discretionary insider buys often carry more interpretive weight as bullish signals; sell-to-cover transactions like this are typically administrative and do not necessarily indicate a change in insider sentiment.