Oklo (OKLO) co-founder reports 1.96M-share restructuring across family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oklo Inc. Co-Founder and COO Caroline Cochran, a greater-than-10% owner, reported internal movements of Oklo Class A Common Stock among family trusts and grantor retained annuity trusts. On March 30, 2026, 474,011 shares were distributed to the Caroline DeWitte Family Trust from the Caroline Cochran GRAT, and 506,807 shares were distributed to the Jacob DeWitte Family Trust from the Jacob DeWitte GRAT. On March 31, 2026, those same share amounts were contributed to Caroline DeWitte GRAT No. 3 and Jacob DeWitte GRAT No. 3, respectively, all at a reported price of $0.00 per share. The filing also lists post-transaction holdings, including 718,039 shares held directly by Cochran and additional indirect holdings through several GRATs and family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Cochran Caroline
Role
Co-Founder, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 474,011 | $0.00 | -- |
| Other | Class A Common Stock | 506,807 | $0.00 | -- |
| Other | Class A Common Stock | 474,011 | $0.00 | -- |
| Other | Class A Common Stock | 506,807 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 474,011 shares (Indirect, By Caroline DeWitt GRAT No. 3);
Class A Common Stock — 718,039 shares (Direct)
Footnotes (1)
- On March 30, 2026, 474,011 shares were distributed to the Caroline DeWitte Family Trust as an annuity distribution pursuant to the terms of the Caroline Cochran GRAT, the Reporting Person's grantor retained annuity trust. On March 31, 2026, the same 474,011 shares held by the Caroline DeWitte Family Trust were contributed to the Caroline DeWitte GRAT No.3 in connection with the funding of the Caroline DeWitte GRAT No. 3 For more information about the equity of the Issuer held by the Reporting Person, please see the Issuer's most recent definitive proxy statement filed with the Securities and Exchange Commission. On March 30, 2026, 506,807 shares were distributed to the Jacob DeWitte Family Trust as an annuity distribution pursuant to the terms of the Jacob DeWitte GRAT, the Reporting Person's spouse's grantor retained annuity trust. On March 31, 2026, the same 506,807 shares held by the Jacob DeWitte Family Trust were contributed to the Jacob DeWitte GRAT No. 3 in connection with the funding of the Jacob DeWitte GRAT No. 3. Represents securities beneficially owned by the Reporting Person's spouse. Represents securities held by the Reporting Person's spouse.
Key Figures
Restructured shares: 1,961,636 shares
Caroline-related distribution: 474,011 shares
Jacob-related distribution: 506,807 shares
+5 more
8 metrics
Restructured shares
1,961,636 shares
Total restructuringShares in other (J) transactions
Caroline-related distribution
474,011 shares
Distributed on March 30, 2026 from Caroline Cochran GRAT to Caroline DeWitte Family Trust
Jacob-related distribution
506,807 shares
Distributed on March 30, 2026 from Jacob DeWitte GRAT to Jacob DeWitte Family Trust
Caroline GRAT No. 3 holding
474,011 shares
Total shares following March 31, 2026 contribution to Caroline DeWitte GRAT No. 3
Jacob GRAT No. 3 holding
506,807 shares
Total shares following March 31, 2026 contribution to Jacob DeWitte GRAT No. 3
Direct holding
718,039 shares
Class A Common Stock held directly by Caroline Cochran after transactions
Caroline DeWitte GRAT No. 2
1,000,000 shares
Class A Common Stock held indirectly by Caroline DeWitte GRAT No. 2
Caroline Cochran GRAT
729,479 shares
Indirect Class A Common Stock holding by Caroline Cochran GRAT after transactions
Key Terms
grantor retained annuity trust, annuity distribution, beneficially owned, definitive proxy statement, +1 more
5 terms
grantor retained annuity trust financial
"pursuant to the terms of the Caroline Cochran GRAT, the Reporting Person's grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
annuity distribution financial
"shares were distributed to the Caroline DeWitte Family Trust as an annuity distribution pursuant to the terms of the Caroline Cochran GRAT"
beneficially owned financial
"Represents securities beneficially owned by the Reporting Person's spouse."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
definitive proxy statement regulatory
"please see the Issuer's most recent definitive proxy statement filed with the Securities and Exchange Commission."
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider activity did Oklo (OKLO) report for Caroline Cochran?
Oklo reported that Co-Founder and COO Caroline Cochran restructured holdings of Class A Common Stock among multiple family trusts and grantor retained annuity trusts. The transactions used code J for other acquisitions or dispositions and did not reflect open-market purchases or sales at a stated price.
What do the Oklo (OKLO) Form 4 footnotes say about the GRAT distributions?
The footnotes explain that 474,011 and 506,807 shares were distributed as annuity distributions from the Caroline Cochran GRAT and Jacob DeWitte GRAT, respectively. The same share blocks were then contributed to newly funded GRAT No. 3 entities for each family on the following day.