Oklo Co-Founders Sell $30M in Identical Amounts — Nuclear Stock

Oklo co-founders CEO Jacob DeWitte and COO Caroline Cochran each sold exactly $14.99 million in OKLO stock — a mirror-image liquidation that's striking in its precision. Both co-founders have now sold $179.6 million each in career insider sales, and both executed 12 transactions at identical prices.

CFO Richard Bealmear also sold $750K, bringing total insider selling to $30.73 million.

The Mirror Sell

Insider	Title	Transactions	Value	Career Sales	Shares After
Jacob DeWitte	Co-Founder & CEO	12	$14.99M	$179.6M	739,023
Caroline Cochran	Co-Founder & COO	12	$14.99M	$179.6M	739,023
Richard Bealmear	Chief Financial Officer	1	$0.75M	$15.3M	196,913
Total: 3 insiders			$30.73M	$374.5M

Perfectly Matched Selling

The symmetry between DeWitte and Cochran's selling is remarkable. Both founders:

Executed exactly 12 transactions
Sold exactly $14.99 million each
Retained exactly 739,023 shares each
Have exactly $179.6 million in career insider sales

This is clearly a jointly structured 10b5-1 trading plan — the co-founders have designed their selling to be perfectly equal, likely reflecting their equal equity stakes in the company they founded together.

$179.6M Each: The Nuclear Jackpot

Combined, DeWitte and Cochran have sold $359.2 million in Oklo stock. The company develops compact nuclear fission reactors and nuclear waste recycling technology — it's at the center of the nuclear energy renaissance driven by AI data center power demands.

Oklo went public via SPAC in 2024, backed by Sam Altman (OpenAI CEO). The stock has ridden the wave of enthusiasm around nuclear power as a clean energy solution for power-hungry AI infrastructure. The co-founders have capitalized on this enthusiasm by selling over a third of a billion dollars in shares.

CFO Bealmear: $15.3M Career, Quiet Seller

CFO Richard Bealmear sold $750K in this round, adding to his $15.3M career total. He retains 196,913 shares — a reasonable position, but his career sales outpace his holdings by roughly 4:1.

The Pre-Revenue Nuclear Play

Oklo is still pre-revenue. The company's first commercial reactor hasn't been built yet. It has applied for NRC approval and is working toward deploying its Aurora microreactor, but commercial operations remain years away.

For a pre-revenue company, the co-founders' $359M in combined sales is extraordinary. While they retain meaningful positions (739K shares each), they've already extracted more value than most startup founders ever see — from a company that has yet to generate its first dollar of reactor revenue.

Key Takeaways

Mirror selling: Both co-founders sold identical amounts — structured parity
$359M combined career: Massive monetization from a pre-revenue nuclear company
$30.7M this round: Continued selling into the AI-driven nuclear narrative
Pre-revenue context: All insider proceeds come from stock appreciation, not business earnings
CFO also selling: Three of three known insiders monetizing

For OKLO investors, the co-founders' selling pattern raises the obvious question: if the people who understand Oklo's technology and timeline best have already sold $359 million — from a company with zero revenue — what does that say about the current valuation? The nuclear renaissance is real, but the insiders are clearly not waiting for reactors to prove it.