4/A: Oklo Inc.: Insider Corrects Shareholding After Business Combination

Michael Stuart Klein, along with related entities, files an amended Form 4 to correct the number of Class A common stock shares held following Oklo Inc.'s business combination.

Summary

• This is an amended Form 4 filing by Michael Stuart Klein, M. Klein Associates, Inc., and AltC Sponsor LLC regarding their beneficial ownership of Oklo Inc. (OKLO) shares.
• The amendment corrects the number of Class A common stock shares held after the business combination with AltC Acquisition Corp. on May 9, 2024.
• The reporting person held 13,950,000 shares of Class A common stock following the business combination, correcting an error in the original filing which stated 13,935,500 shares.
• Upon the business combination, each share of Class B common stock automatically converted into one share of Class A common stock.
• The reported shares are directly held by AltC Sponsor LLC, which is managed by M. Klein Associates, Inc., controlled by Michael Klein.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previously reported number of shares. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market regarding their holdings in the company.

Stakeholder Impact

• The correction of shareholding information ensures accurate representation of insider ownership, which is important for shareholders.

Key Dates