Kinzley Richard 4
Research Summary
AI-generated summary
Oklo Director Richard Kinzley Transfers 16,854 Shares
What Happened
Richard Kinzley, a director of Oklo Inc. (OKLO), reported a non‑economic transfer on 2026-03-10 in which 16,854 shares were both acquired and disposed at $0.00. The filing shows an acquisition and a disposition of the same number of shares (each 16,854 shares at $0.00), indicating a change in the form of beneficial ownership rather than a purchase or sale for cash.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-12 (filed within the standard two-business-day window).
- Reported amounts/prices: 16,854 shares acquired @ $0.00 and 16,854 shares disposed @ $0.00 (Form 4 code J — other acquisition/disposition).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The shares were transferred from the reporting person’s personal brokerage account to the reporting person’s family trust; this is a change in form of ownership only and does not change pecuniary interest.
Context: Transfers to family trusts are typically administrative or estate-planning moves and do not necessarily reflect the insider’s view of the company’s prospects. This was not a market purchase or sale and carried no cash value.