Form 4: Oklo Inc. Executive Caroline Cochran Reports Share Transfers
SEC Form 4 Filing
Oklo Inc.'s Co-Founder and COO, Caroline Cochran, reported the transfer of 70,000 Class A Common Stock shares, with 35,000 shares transferred directly and 35,000 shares transferred indirectly.
Summary
- Caroline Cochran, Co-Founder and COO of Oklo Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On December 30, 2024, Ms. Cochran transferred 35,000 shares of Class A Common Stock directly.
- She also transferred 35,000 shares of Class A Common Stock indirectly, held by her spouse, Jacob DeWitte.
- The transfers were coded as 'G' transactions, indicating a gift or transfer, and were valued at $0 per share.
- Following these transactions, Ms. Cochran directly owns 12,508,085 shares and indirectly owns 13,068,926 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral disclosure of share transfers.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure for company insiders when they make transactions involving their company's stock. It is a normal part of corporate governance and transparency.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, and Oklo Inc.'s filing is consistent with these requirements.
- Similar filings are made by executives and directors of companies like NuScale Power, Westinghouse, and other publicly listed companies in the nuclear energy sector when they trade company stock.
Stakeholder Impact
- The share transfers do not have a direct impact on stakeholders, as they are a routine transaction by an executive.
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/30/2024 | Date of the share transfer transactions. |
| 12/31/2024 | Date the Form 4 was signed by Richard Craig Bealmear, Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Class A Common Stock, Oklo Inc., Caroline Cochran, Share Transfer, Insider Trading
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