Oklo CEO Jacob Dewitte Sells $4.6 Million Worth of Shares
Jacob DeWitte, Co-Founder and CEO of Oklo Inc., sold approximately 120,000 shares on September 1, 2026, for a total value of $4.6 million under a pre-established Rule 10b5-1 trading plan. The transaction included both directly held (40,000) and indirectly held shares (80,000), with the sale price averaging around $38.59 per share. Following this sale, DeWitte retains a significant stake in Oklo: 431,533 direct shares and an additional 10.7 million indirect shares through trusts and other entities. His total beneficial ownership is valued at approximately $429.9 million as of the market close on September 1. Oklo's stock has declined by nearly 48% over the past year, closing at $38.53 per share on that date. The company remains unprofitable with a net loss of -$152.8 million in trailing twelve months and is still in an early-stage commercialization phase.
Tickers: $OKLO