Kinzley Richard 4
4 · Oklo Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Oklo Director Richard Kinzley Sells 4,000 Shares
What Happened
Richard Kinzley, a director of Oklo Inc. (OKLO), reported an open-market sale of 4,000 shares on March 27, 2026 at $52.09 per share, generating $208,360 in proceeds. The Form 4 also reports a gift of 900 shares (reported at $0). A footnote corrects prior reporting of 3,800 shares from direct to indirect ownership through the Richard W. and Cynthia M. Kinzley Revocable Trust; that correction is a change in form of ownership only and did not change pecuniary interest.
Key Details
- Transaction date(s): March 27, 2026 (reported on Form 4 filed March 30, 2026).
- Sale: 4,000 shares at $52.09 each — proceeds $208,360.
- Gift: 900 shares reported as a gift (value reported $0).
- Shares owned after transaction: the revocable trust holds 16,654 shares (per the filing and corrective footnote).
- Footnote: 3,800 shares were reclassified from direct to indirect ownership through the Kinzley revocable trust; no change in economic interest.
- No indicators of option exercises, 10b5-1 plan, or tax-withholding reported in this filing.
Context
Sales and gifts by insiders can be routine (liquidity or estate-planning reasons); gifts do not necessarily indicate a view on the stock. This filing documents dispositions rather than purchases, so it’s not a direct bullish signal.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-27$52.09/sh−4,000$208,360→ 16,654 total(indirect: By Trust) - Gift
Class A Common Stock
2026-03-27−900→ 15,754 total(indirect: By Trust)
Footnotes (1)
- [F1]Includes 3,800 shares that were previously reported as directly owned on the Form 4 filed March 12, 2026, but which should have been reported as indirectly owned through the Richard W. and Cynthia M. Kinzley Revocable Trust. The correction reflects a change in the form of beneficial ownership only and no change in pecuniary interest with respect to those 3,800 shares. After giving effect to that correction and the reported disposition of 4,000 shares, the trust holds 16,654 shares.