STOCK TITAN

Okta officer plans $1.2M sale of common stock

Okta, Inc. (OKTA) insider Eric Kelleher, an officer, has filed a notice of proposed sale of 6,395 shares of common stock under Rule 144, with an indicated aggregate market value of $1,215,177.90.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Okta, Inc. (OKTA) insider Eric Kelleher, an officer, has filed a notice of proposed sale of 6,395 shares of common stock under Rule 144, with an indicated aggregate market value of $1,215,177.90. The shares relate to restricted stock units held for his account and may be sold through Morgan Stanley Smith Barney LLC.

The filing also reports that 2,549 shares of Okta common stock were sold for aggregate proceeds of $429,642.62 during the prior three months under a 10b5-1 sales plan. Okta had 167,139,757 shares of common stock outstanding as of the date referenced in the notice.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold under Rule 144 6,395 shares Common stock listed as securities to be sold for the account of Eric Kelleher
Aggregate market value of proposed sale $1,215,177.90 Value associated with the 6,395 Okta common shares in the Rule 144 notice
Shares sold in past three months 2,549 shares Common stock sold in 10b5-1 sales for Eric Kelleher during the prior three months
Aggregate proceeds from past three months’ sales $429,642.62 Total consideration for 2,549 Okta common shares sold in the last three months
Shares of common stock outstanding 167,139,757 shares Okta common shares outstanding as listed in the notice
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.
restricted stock units financial
"Common | 09/15/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for ERIC KELLEHER"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

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

What does the Form 144 filing disclose for Okta (OKTA)?

The filing states that Okta officer Eric Kelleher intends, under Rule 144, to potentially sell 6,395 shares of Okta common stock with an indicated aggregate market value of $1,215,177.90, to be handled through Morgan Stanley Smith Barney LLC.

How many Okta (OKTA) shares is Eric Kelleher planning to sell?

Eric Kelleher has notified an intention to sell up to 6,395 shares of Okta common stock. The notice lists an aggregate market value of these shares of $1,215,177.90 as part of the Rule 144 planned sale.

What prior Okta (OKTA) stock sales are reported for the last three months?

The notice reports that during the past three months, 2,549 shares of Okta common stock were sold for aggregate proceeds of $429,642.62, described as 10b5-1 sales for Eric Kelleher.

What type of securities are involved in this Okta (OKTA) Form 144?

The securities are Okta common stock associated with restricted stock units. The securities to be sold are identified as common stock acquired through restricted stock units, with the issuer listed as Okta, Inc.

How many Okta (OKTA) shares were outstanding according to the notice?

The notice lists 167,139,757 shares of Okta common stock outstanding. This figure provides context for the size of the proposed Rule 144 sale relative to the company’s total common shares.

Is the Okta (OKTA) sale tied to a trading plan?

The document states that sales during the past three months, totaling 2,549 shares and $429,642.62, were 10b5-1 sales for Eric Kelleher. The 6,395-share proposed sale is noticed under Rule 144.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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

Keep reading