Cochran Caroline 4

What Happened Caroline Cochran, reported as a 10% owner of Oklo, sold a total of 200,000 shares on April 1, 2026 in multiple open‑market/private sale transactions. The sales were executed in repeated lots of: 13,473 at $48.41; 10,516 at $49.58; 9,068 at $50.93; 26,943 at $51.20; and 40,000 at $50.50 (each of these five lots appears twice in the filing). Aggregate proceeds were approximately $10,069,852. These were sales (not purchases) and were reported as being effected under a pre‑arranged Rule 10b5‑1 trading plan.

Key Details

• Transaction date: April 1, 2026. Form filed April 3, 2026 (filed within the normal two‑business‑day window).
• Total sold: 200,000 shares for aggregate proceeds of about $10,069,852 (~$10.07M).
• Per‑lot prices (each repeated twice): 13,473 @ $48.41; 10,516 @ $49.58; 9,068 @ $50.93; 26,943 @ $51.20; 40,000 @ $50.50.
• Footnotes: Sales were effected pursuant to a Rule 10b5‑1 plan adopted March 31, 2025 (F1). The filing notes that reported prices are weighted averages and that some ranges and spouse‑owned securities are disclosed in footnotes (detailed price ranges in the filing span roughly ~$48–$51.8 depending on lot; some lots reference spouse holdings).
• Shares owned after the transaction: not specified in this Form 4 (see issuer proxy or prior filings for current beneficial ownership).
• Filing timeliness: appears timely (no late filing flag).

Context These were pre‑arranged sales under a 10b5‑1 plan — a common mechanism insiders and large holders use to sell shares on a scheduled basis. As a 10% owner (not identified here as a company executive), Cochran’s transactions can reflect planned liquidity rather than an immediate commentary on the company’s prospects. For retail investors, purchases by insiders tend to be more informative as a bullish signal; routine scheduled sales are common for tax, diversification or personal liquidity reasons.