Cochran Caroline 4
Research Summary
AI-generated summary
Oklo (OKLO) 10% Owner Caroline Cochran Transfers 980,818 Shares
What Happened
Caroline Cochran (reported as a 10% owner) moved a total of 980,818 Oklo shares through trust transactions on March 30–31, 2026. Specifically, 474,011 shares were distributed to the Caroline DeWitte Family Trust on March 30 and then contributed to the Caroline DeWitte GRAT No. 3 on March 31. Separately, 506,807 shares were distributed to the Jacob DeWitte Family Trust on March 30 and then contributed to the Jacob DeWitte GRAT No. 3 on March 31. All transfers are reported at $0.00 — these were transfers between trusts (annuity distributions and subsequent GRAT funding), not open-market purchases or sales.
Key Details
- Transaction dates: March 30, 2026 (annuity distributions) and March 31, 2026 (contributions to GRAT No. 3).
- Transaction code: J — "other acquisition or disposition" (here used for trust distributions/contributions).
- Shares moved: 474,011 shares (Caroline DeWitte trusts) + 506,807 shares (Jacob DeWitte trusts) = 980,818 shares. Reported price: $0.00; reported value: $0.
- Filing date: Form 4 filed April 1, 2026, reporting the Mar 30–31 transactions.
- Post-transaction holdings: Not specified in this Form 4; filing refers to the issuer’s most recent definitive proxy for details on total holdings (Footnote F2).
- Footnotes: F1/F3 explain the annuity distribution then contribution sequence; F4/F5 note amounts related to the reporting person’s spouse.
Context
- These are intra-family/trust transfers (annuity distributions and GRAT funding), not purchases or sales in the market, and therefore do not necessarily signal insider sentiment.
- As a 10% owner, Cochran’s transactions reflect estate and tax/wealth-transfer planning rather than routine employee trading.