The unified one-day selling by all three co-founders is a modest negative signal but small relative to market cap. Watch for any 8-K or press release in the next two weeks that could explain the timing. If no news emerges, treat as routine portfolio diversification. The historical score-6 calls on OKLO have poor T+20 reliability (42% positive alpha), so avoid over-trading this signal.
Price Chart
Executive Summary
Three co-founders (CEO, COO, CFO) of Oklo sold a combined ~$5.14M in open-market stock on July 1, 2026, the heaviest insider selling day in the last 30 days. The CFO also exercised low-strike options to facilitate his sale. Total selling over 30 days now stands at $14.6M. Relative to a $9.1B market cap, the $5.14M cluster equals 0.06% of market cap—trivial by proportionality standards—but the participation of all three top insiders on the same day at the same prices warrants attention.
Key Financial Metrics
Key Facts
- CEO Jacob DeWitte sold 200,000 shares for ~$10.59M on July 1, including $8.45M in open-market sales. Co-founder/COO Caroline Cochran sold 200,000 shares for ~$10.59M in open-market sales. CFO Richard Bealmear sold 16,321 shares for $859K on July 1.
- The July 1 cluster alone totals ~$11.4M in open-market sales from three insiders, plus ~$5.14M classified as the main cluster (single-day trades) by the filing window.
- CFO Bealmear exercised 16,321 shares at $3.18 (cost $51.9K) and sold them same-day at $52.63, a net realized gain of ~$807K—a clearly liquidity-motivated sale.
- 30-day aggregate insider selling is now $14.6M (0.16% of market cap)—still small as a % of market cap, but notable for involving all three founders.
- Historical calibration shows the model's score=6 calls on OKLO have only a 42% probability of producing positive T+20 alpha, with a net average alpha near zero. The asymmetric scale suggests downside risk (μ_l -14.4%) is nearly equal to upside (μ_w +14.9%) at score=6.
Financial Impact
$14.6M of total insider selling over 30 days (= 0.16% of $9.1B market cap). The July 1 cluster single-day sales of $5.14M = 0.06% of market cap.
Risk Factors
- Insider sales are liquidity-motivated (option exercises, 10b5-1 plans). No evidence of adverse non-public information.
- The sales represent only 0.06% of market cap—too small to signal a fundamental bearish view at the company level.
- Historical model performance on score-6 OKLO calls shows near-zero average alpha after costs and a 42% win rate—actuarially weak for a bearish call.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OKLO-1783409593056 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $35.98 $40.45 | ▼ −12.42% | ▼ −10.30% | $36.05 (−0.19%) |
Sep 11, 2026 21d ago | 424B5 | $36.22 $38.00 | ▼ −4.91% | ▼ −5.14% | $36.05 (+0.47%) |
Sep 11, 2026 21d ago | 8-K | $36.22 $38.00 | ▼ −4.91% | ▼ −5.14% | $36.05 (+0.47%) |
Sep 9, 2026 23d ago | Insider Cluster | $42.57 $35.62 | ▲ +16.33% | ▲ +15.67% | $36.05 (+15.32%) |
Sep 3, 2026 29d ago | Insider Cluster | $39.84 $36.22 | ▼ −9.09% | ▼ −7.94% | $36.05 (−9.51%) |
Sep 2, 2026 4w ago | Insider Cluster | $39.52 $39.88 | ▼ −0.91% | ▼ −1.87% | $36.05 (+8.78%) |
Aug 27, 2026 5w ago | Insider Cluster | $42.53 $39.84 | ▼ −6.32% | ▼ −6.59% | $36.05 (−15.24%) |
Aug 27, 2026 5w ago | Insider Cluster | $42.53 $39.84 | ▼ −6.32% | ▼ −6.59% | $36.05 (−15.24%) |
Aug 25, 2026 5w ago | Insider Cluster | $44.27 $38.53 | ▼ −12.97% | ▼ −12.43% | $36.05 (−18.57%) |
Aug 9, 2026 7w ago | Institutional Cluster | $44.49 $43.88 | ▼ −1.37% | ▼ −1.32% | $36.05 (−18.97%) |
US Market Status
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