Oklo Inc 8-K, filed Dec 27, 2024
Oklo Inc. (OKLO)
About this 8-K
Oklo Inc filed this 8-K on December 27, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 27, 2024, the Compensation Committee (the “Committee”) of the Board of Directors of Oklo Inc. (the “Company”) approved increases to the annual base salaries for Jacob DeWitte, the Company’s Chief Executive Officer, and R. Craig Bealmear, the Company’s Chief Financial Officer, from $500,000 to $625,000 and from $400,000 to $440,000, respectively. In addition, the Committee approved increases to the annual target bonus opportunities for Messrs. DeWitte and Bealmear and Caroline Cochran, the Company’s Chief Operating Officer, from 50% to 65% of the executives’ base salaries. The base salary and target bonus opportunity increases are effective as of January 1, 2025.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Oklo Inc. | ||
| Date: December 27, 2024 | By: | /s/ R. Craig Bealmear |
| Name: | R. Craig Bealmear | |
| Title: | Chief Financial Officer | |