Form 4: Oklo Inc. Co-Founder and COO, Caroline Cochran, Sells Class A Common Stock
SEC Form 4 Filing
Caroline Cochran, Co-Founder and COO of Oklo Inc., reports the sale of Class A Common Stock in multiple transactions on December 20, 2024.
Summary
- On December 20, 2024, Caroline Cochran, the Co-Founder and COO of Oklo Inc., sold Class A Common Stock in multiple transactions.
- The sales were executed at weighted average prices of $20.2428 and $21.628 per share.
- A total of 2,321 shares were sold at prices ranging from $20.075 to $20.3662.
- An additional 228,248 shares were sold at prices ranging from $21.4404 to $21.7508.
- Following these transactions, Caroline Cochran directly owns 12,543,085 shares of Class A Common Stock.
- She also indirectly owns 13,103,926 shares through her spouse, Jacob DeWitte.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an insider. The sentiment is neither positive nor negative as it simply reports a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives and major shareholders of publicly traded companies. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price due to increased supply.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of the stock sale transactions. |
| 12/23/2024 | Date of signature by Attorney-in-Fact, Richard Craig Bealmear. |
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