Oklo (NYSE:OKLO) Trading Down 5.5% on Insider Selling

Shares of the nuclear microreactor company fall after CEO sells shares

Published on Mar. 5, 2026

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Oklo Inc. (NYSE:OKLO) shares fell 5.5% on Thursday following insider selling activity. CEO Jacob Dewitte sold a total of 200,000 shares of the company's stock at an average price of $63.10, representing a decrease of around 25% in his ownership stake. The stock closed at $62.01, down from the previous close of $65.65.

Why it matters

Insider selling can sometimes be a signal of negative sentiment about a company's future prospects, which can impact investor confidence and the stock price. Oklo is a promising nuclear technology company, so this insider sale raises questions about the CEO's outlook on the company's near-term performance.

The details

The insider sales were disclosed in filings with the SEC. Dewitte sold 139,999 shares on March 2nd at an average price of $63.59, and an additional 60,001 shares on the same day at $62.60. Following the sales, Dewitte still owns 679,024 shares, valued at around $43.2 million.

  • On March 2, 2026, CEO Jacob Dewitte sold 139,999 shares of Oklo stock.
  • Also on March 2, 2026, Dewitte sold an additional 60,001 shares of Oklo.

The players

Oklo, Inc.

A California-based energy technology company specializing in the design and development of advanced nuclear microreactors.

Jacob Dewitte

The CEO of Oklo, Inc. who sold a total of 200,000 shares of the company's stock.

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The takeaway

While Oklo is a promising nuclear technology company, this insider selling by the CEO raises questions about the near-term outlook and may impact investor sentiment. Shareholders will be closely watching to see if this is an isolated incident or part of a broader trend.