4/A: Oklo Inc. Insider Filing: Michael Klein Corrects Share Acquisition Details

Michael Klein, Chairman, corrects a previous filing regarding the acquisition of 1,450,000 shares of Oklo Inc. Class A common stock at $10 per share during the company's initial public offering.

Summary

• This is an amended SEC Form 4/A filing by Michael Klein, Chairman of Oklo Inc., and related entities.
• The filing corrects a previous error in the number of Class A common stock shares acquired during Oklo Inc.'s initial public offering.
• The corrected filing states that 1,450,000 shares were acquired at a price of $10.00 per share on July 12, 2021.
• The shares are indirectly held by AltC Sponsor LLC, where Michael Klein is the controlling stockholder of the managing member, M. Klein Associates, Inc.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction itself doesn't suggest any positive or negative outlook for the company, but accurate reporting is always a positive.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides information about the holdings and transactions of company insiders, allowing investors to monitor potential conflicts of interest or significant changes in ownership.

Related Party Transactions

• The Sponsor purchased from the Issuer 1,450,000 shares of Class A common stock, par value $0.0001, at a purchase price of $10.00 per share.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and potential investors.

Key Dates