OKTA (NASDAQ: OKTA) holder plans sale of 1,052 common shares
Rhea-AI Filing Summary
An existing holder has filed a notice of proposed sale for 1,052 shares of the issuer’s common stock through a broker, with an approximate sale date of January 13, 2026.
The shares, which have an aggregate market value of $98,435.64, are to be sold on NASDAQ and will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services in New York. The securities to be sold come from equity awards acquired on March 15, 2025, consisting of 1,035 restricted stock units and 17 performance stock units granted by the issuer.
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FAQ
How many shares are covered by this Form 144 filing for OKTA?
The notice covers the proposed sale of 1,052 shares of the issuer’s common stock, as listed in the securities information section.
What is the aggregate market value of the shares to be sold under this Form 144?
The 1,052 common shares to be sold have an aggregate market value of $98,435.64 according to the filing.
On which exchange will the 1,052 common shares be sold?
The filing states that the 1,052 common shares are expected to be sold on the NASDAQ securities exchange.
When were the securities being sold acquired by the selling holder?
The underlying equity awards were acquired on March 15, 2025, including restricted stock units and performance stock units granted by the issuer.
What types of equity awards are the source of the shares in this Form 144?
The securities to be sold were obtained from 1,035 restricted stock units and 17 performance stock units granted by the issuer on March 15, 2025.
Which broker is handling the proposed sale of shares disclosed in this Form 144?
The proposed sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, 8th Floor, New York, NY 10004.
How many shares of the issuer’s common stock are outstanding, according to the Form 144?
The filing reports that there are 169,459,250 shares of the issuer’s common stock outstanding.