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 for a total value of $4.6 million on September 1, 2026. The transaction was conducted under a Rule 10b5-1 trading plan established in March 2025, which allows pre-scheduled equity sales independent of short-term stock price fluctuations. Following the sale, DeWitte retains significant ownership: 431,533 shares directly and an additional 10.7 million indirectly through trusts and entities. The CEO's remaining stake is valued at $429.9 million as of September 1, despite Oklo’s stock price declining by nearly 48% over the past year. Oklo remains unprofitable with a market cap of $6.8 billion but continues to focus on commercializing its Aurora nuclear power platform and fuel recycling technology.
Tickers: $OKLO