OKLO CEO Jacob Dewitte sells 200,000 shares for $10,585,600.00 as stock down 73.0% from 52-week high
Jacob Dewitte (Co-Founder, CEO) executed 4 separate sales totaling 200,000 shares (200.0K shares) for $10,585,600.00 ($10.6M) on 2026-07-01, reducing his holding by 26.0% vs pre-transaction holdings from 769,479 shares to 569,479 shares. The sales occurred at an average price of $52.93, compared to the current price of $52.37, near the 52-week low after a -73.0% decline from the $193.84 52-week high and a -28.7% drop over 30 days. His prior sales at OKLO over the same period (5 recent transactions on 2026-06-01) were followed by sharp 30-day declines ranging from -19.3% to -25.6%. The company reported net income of $-33,065,000.00 ($-33.1M) in its most recent full fiscal year, indicating ongoing unprofitability. This transaction merits scrutiny given the magnitude of the sale by the CEO during a period of significant stock depreciation and operational losses.