Alexandra Renner, chief product officer of Oklo Inc., sold 557 shares of Class A common stock on August 24 to cover tax withholding obligations related to the vesting and settlement of restricted stock units, according to a regulatory filing.
The disposal was executed at a price of $39.77 per share, generating proceeds of $22,151. At the time of the report, Oklo’s Class A shares were trading at $44.27, down roughly 40% over the prior six months.
Following the transaction, Renner holds 472,779 Class A shares directly and an additional 123,153 shares indirectly through a joint account with her spouse.
Oklo’s Class A shares have faced pressure in recent months, with the company’s valuation assessed as overvalued relative to its fair value by InvestingPro. The company’s second-quarter 2026 results showed revenue of $1.2 million, exceeding the forecast of $83,800, but reported an adjusted loss per share of $0.28, wider than the expected loss of $0.16. Oklo ended the quarter with $3.0 billion in cash and marketable securities.
Truist Securities maintained a Hold rating on Oklo while reducing its price target from $55 to $51. The firm cited operational progress, including achieving criticality at the Groves project less than a year after construction began, progress on securing long-term fuel supply, and recent acquisitions aimed at accelerating deployment timelines.
