STOCK TITAN

Okta CEO plans $9.3M sale of 48,822 shares

Form 144 reports Okta CEO Todd McKinnon’s planned sale of 48,822 Class A shares, following a prior 68,936-share sale in July 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Okta, Inc. (OKTA) received a notice on Form 144 that CEO and director Todd McKinnon, through J.P. Morgan Securities LLC as agent, intends to sell up to 48,822 shares of Class A common stock. The planned sale has an approximate aggregate market value of $9,341,113.26, based on the filing data.

The shares relate to equity compensation awards, including performance stock units vesting on March 15, 2026 and restricted stock units vesting on September 15, 2026. The filing also notes a prior sale of 68,936 shares for about $10,107,673.51 on July 8, 2026.

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Planned shares to be sold 48,822 shares Class A common stock covered by the Form 144 notice
Planned aggregate market value $9,341,113.26 Approximate value of the 48,822 shares in the notice
Shares sold in prior 3 months 68,936 shares Sale on July 8, 2026 disclosed in the past 3 months section
Proceeds from prior sale $10,107,673.51 Total for the 68,936 shares sold on July 8, 2026
Shares from PSU vesting 38,484 shares PSU vesting on March 15, 2026 acquired from issuer as compensation
Shares from RSU vesting 10,338 shares RSU vesting on September 15, 2026 acquired from issuer as compensation
Shares outstanding 167,139,757 shares Okta Class A common stock referenced in the Form 144
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
PSU Vesting financial
"Class A Common Stock | 03/15/2026 | PSU Vesting | Issuer"
RSU Vesting financial
"Class A Common Stock | 09/15/2026 | RSU Vesting | Issuer"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
attorney-in-fact regulatory
"J.P. Morgan Securities LLC as agent and attorney-in-fact for Todd McKinnon"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose about Okta (OKTA) CEO Todd McKinnon?

It discloses that Todd McKinnon, Okta’s CEO and director, plans to sell up to 48,822 shares of Okta Class A common stock through J.P. Morgan Securities LLC as his agent and attorney-in-fact under Rule 144.

How many Okta (OKTA) shares are planned to be sold and what is their value?

The notice covers a planned sale of up to 48,822 shares of Okta Class A common stock, with an indicated aggregate market value of approximately $9,341,113.26 based on the figures in the filing.

What Okta (OKTA) equity awards are linked to the shares in this Form 144?

The filing lists 38,484 shares from PSU vesting on March 15, 2026 and 10,338 shares from RSU vesting on September 15, 2026, both described as acquired from the issuer as compensation.

What prior Okta (OKTA) stock sales by Todd McKinnon are disclosed?

The filing reports that on July 8, 2026, 68,936 shares of Okta Class A common stock were sold for total proceeds of about $10,107,673.51 during the preceding three months.

Who is handling the planned Okta (OKTA) share sale under this Form 144?

The planned sale will be handled by J.P. Morgan Securities LLC, listed as agent and attorney-in-fact for Todd McKinnon, with the Class A common stock indicated for trading on Nasdaq.

How many Okta (OKTA) shares were outstanding as referenced in the Form 144?

The Form 144 references 167,139,757 shares of Okta Class A common stock outstanding in connection with the planned sale details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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