Alexandra Renner, Chief Product Officer of Oklo Inc., sold 557 shares of Class A common stock on August 24, 2026, for $22,151 at $39.77 per share. The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units and was not discretionary, according to the filing.
After the sale, Renner’s direct ownership in Oklo stands at 472,779 shares, with an additional 123,153 shares held indirectly through a joint account with her spouse. Oklo’s Class A stock was trading at $44.27 on the day of the transaction, reflecting a decline of approximately 40% over the prior six months.
Oklo reported second-quarter 2026 revenue of $1.2 million, exceeding the forecast of $83,800, though adjusted earnings per share showed a loss of $0.28, wider than the expected $0.16 loss. The company ended the quarter with $3.0 billion in cash and marketable securities and raised its 2026 spending outlook to accelerate project development.
Analysts at Truist Securities adjusted Oklo’s price target from $55 to $51 while maintaining a Hold rating. The firm cited operational progress, including the recent achievement of criticality at the Groves facility less than a year after groundbreaking, progress in securing long-term fuel supply, and potential benefits from recent acquisitions to deployment timelines.
