Form 4: Oklo Inc. Insider Filing: Conversion of Class B Common Stock Following Business Combination

Michael Stuart Klein, M. Klein Associates, Inc., and AltC Sponsor LLC report changes in beneficial ownership of Oklo Inc. stock following the completion of a business combination on May 9, 2024, including the conversion of Class B common stock to Class A common stock.

Summary

• This Form 4 filing reports changes in beneficial ownership of Oklo Inc. (OKLO) stock by Michael Stuart Klein, M. Klein Associates, Inc., and AltC Sponsor LLC.
• The filing is triggered by the consummation of AltC Acquisition Corp.'s business combination with Oklo Inc. on May 9, 2024.
• As a result of the business combination, each share of Class B common stock automatically converted into one share of Class A common stock.
• Michael Klein indirectly holds 13,935,500 shares of Class A Common Stock.
• The reporting persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a business combination. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice when insiders make transactions in their company's stock, providing transparency to the market.

Key Dates