Home / Business and Economy / Oklo CEO Sells Shares Amid Stock Slump
Oklo CEO Sells Shares Amid Stock Slump
13 Sep
Summary
- CEO sold 120,000 shares on September 1, 2026.
- Sale occurred under a pre-established Rule 10b5-1 plan.
- Oklo's stock declined 48% in the prior 12 months.
On September 1, 2026, Oklo Inc. CEO Jacob DeWitte divested approximately 120,000 shares of Class A common stock. The sale was conducted according to a Rule 10b5-1 trading plan, initiated on March 31, 2025, ensuring a pre-determined liquidation strategy irrespective of market fluctuations. Following this transaction, DeWitte continues to hold a substantial portion of Oklo's equity, with over 431,000 shares directly owned and millions more indirectly held through various entities and trusts.
This stock sale took place amidst a challenging period for Oklo, as the company's shares had fallen by 48% in the twelve months leading up to the transaction date. As of the market close on September 1, 2026, the market valuation of the CEO's remaining beneficial ownership stood at $429.9 million. Oklo Inc., headquartered in Santa Clara, is an advanced fission energy developer focused on its Aurora powerhouse platform and nuclear fuel recycling capabilities.
