Cochran Caroline 4

What Happened
Caroline Cochran, identified as a 10% owner of Oklo Inc. (OKLO), sold a total of 200,000 shares on February 2, 2026 in multiple open-market/private-sale transactions (transaction code S). The sales were executed in two identical sets of six tranches (100,000 shares each set) at weighted-average prices roughly from $73.81 to $78.20. Aggregate proceeds were $14,992,026 (about $15.0M). Per-tranche details (each set of six):

• 16,181 shares @ $73.81 — $1,194,312
• 43,819 shares @ $74.69 — $3,272,679
• 29,636 shares @ $75.37 — $2,233,739
• 7,768–7,769 shares @ $76.39 — ≈$593,450
• 2,152–2,153 shares @ $77.67 — ≈$167,180
• 443 shares @ $78.20 — $34,643

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (within the typical 2‑business‑day window).
• Total shares sold: 200,000; Total proceeds: $14,992,026.
• Price ranges: tranches sold at weighted-average prices; underlying execution prices ranged approximately $73.30–$78.25 across tranches (see footnotes).
• Shares owned after the transaction: not disclosed in the filing.
• Notable footnotes: (F1) sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 31, 2025; (F2–F7) reported prices are weighted averages covering specified per‑tranche price ranges; (F8–F9) notes regarding spouse-held/beneficial securities.
• Transaction code: S = Sale.

Context
Caroline Cochran is a reported 10% owner — a large shareholder rather than a routine executive purchase signal. The sales were conducted under a pre-established 10b5-1 plan, which generally indicates pre-planned disposition and reduces the inference that the timing reflects non-public company information. This is a straightforward disposition (sale) for liquidity or portfolio-management reasons; it should not be taken alone as a signal about company fundamentals.