Form 4: Oklo Director Transfers Shares to Family Trust
Insider Transaction Report
Oklo Inc. Director Richard Kinzley transferred 16,854 shares of Class A Common Stock to a family trust, a change in ownership form without altering pecuniary interest.
Summary
- Richard Kinzley, a Director of Oklo Inc. (OKLO), reported a transaction involving Class A Common Stock.
- On March 10, 2026, Kinzley transferred 16,854 shares from a personal brokerage account to the Richard W. and Cynthia M. Kinzley Revocable Trust.
- This transaction is a change in the form of beneficial ownership only and does not involve a change in pecuniary interest.
- Following the transaction, Kinzley beneficially owns 16,854 shares indirectly through the trust and 3,800 shares directly, totaling 20,654 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a non-pecuniary transfer of shares by a director, which does not impact the company's fundamentals or the director's overall economic interest in the shares.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that this is a routine insider transaction, common for estate planning or asset management purposes, and typically does not reflect a change in the director's investment sentiment or the company's operational outlook. Such transfers are generally considered neutral events by the market.
Related Party Transactions
- Richard Kinzley transferred 16,854 shares of Class A Common Stock from his personal brokerage account to the Richard W. and Cynthia M. Kinzley Revocable Trust, a family trust.
Stakeholder Impact
- Shareholders: Minimal impact, as the transaction is an internal transfer of ownership form and does not change the director's overall beneficial interest or the company's outstanding share count.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | Date of transaction for Class A Common Stock transfer. |
| 03/12/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 reports a non-pecuniary transfer of shares by a director to a family trust, which does not indicate a change in investment sentiment or company fundamentals. Therefore, it provides no new basis for altering an existing investment position.
Keywords
Oklo, OKLO, Richard Kinzley, Form 4, insider transaction, beneficial ownership, stock transfer, director
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