Oklo COO Donates 600,000 Shares Worth Millions to Charitable Fund
Caroline Cochran, Co-Founder and COO of Oklo, reported significant insider transactions on June 24, 2025.
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Rhea-AI Filing Summary
Caroline Cochran, Co-Founder and COO of Oklo, reported significant insider transactions on June 24, 2025. As both a Director and 10% Owner, Cochran made two notable gifts of Class A Common Stock:
- Gifted 300,000 shares at $0 to a donor advised fund, maintaining direct ownership of 10,102,108 shares
- Additional 300,000 shares reported under indirect ownership through spouse Jacob DeWitte, with 10,405,098 shares remaining
- Maintains indirect ownership of 2,000,000 shares each through Caroline Cochran GRAT and Jacob DeWitte GRAT
The transactions were executed in compliance with the lock-up agreement dated June 12, 2025, with Goldman Sachs and BofA Securities. Total beneficial ownership post-transactions includes both direct and indirect holdings through various vehicles, demonstrating significant insider stake in the company.
Positive
- None.
Negative
- Co-Founder and COO Caroline Cochran gifted 600,000 shares (worth millions at current market prices) to a donor advised fund, reducing her direct ownership position
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 300,000 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 300,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This filing relates to a gift of 600,000 shares of Class A Common Stock to a donor advised fund as permitted by the lock-up agreement between the Reporting Person and Goldman Sachs & Co. LLC and BofA Securities, Inc., as representatives of the several underwriters dated June 12, 2025 (the "Lock-Up Agreement").
- F2. Represents securities held by the Reporting Person's spouse.
FAQ
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What positions does Caroline Cochran hold at OKLO?
Was OKLO's stock gift transaction compliant with the company's lock-up agreement?
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