Oklo experienced significant stock turbulence and a steep decline on February 4th following the disclosure of large insider selling by senior management, which generated negative investor sentiment.
- CFO Richard Craig Bealmear sold 9,726 shares of the company's stock on February 2nd.
- The sale was executed at $76.93 per share, totaling approximately $748,221.
- Filings also revealed that CEO Jacob Dewitte sold sizable blocks of shares, contributing to the overall market divestiture and selling pressure.