OKTA insider notice: 10,000 shares to be sold, prior 10b5-1 sale $950,000
Rhea-AI Filing Summary
Okta, Inc. filed a Rule 144 notice for a proposed sale of 10,000 common shares, with an aggregate market value of $916,900, and an approximate sale date of 10/02/2025. The shares were acquired as Restricted and Performance Stock Units on 03/15/2024 from the issuer and the filer reports 10,000 shares outstanding to be sold against a total of 168,459,019 shares. The filing also records a prior sale of 10,000 shares on 07/18/2025 under a 10b5-1 plan that generated $950,000 in gross proceeds. The notice includes the signature representation required by Rule 144 regarding possession of material nonpublic information.
Positive
- 10,000 shares were acquired as Restricted and Performance Stock Units on 03/15/2024
- A prior 10b5-1 sale of 10,000 shares on 07/18/2025 generated $950,000 in gross proceeds
Negative
- None.
Insights
TL;DR: Routine Rule 144 sale notice for 10,000 shares; prior 10b5-1 sale of 10,000 also disclosed.
This filing documents a proposed Rule 144 sale of 10,000 Okta common shares with an estimated market value of $916,900 and an expected sale date of 10/02/2025. The shares were acquired as Restricted and Performance Stock Units on 03/15/2024, and the filing lists a prior 10b5-1 sale of 10,000 shares on 07/18/2025 that produced $950,000 in gross proceeds.
The notice includes the standard representation that the selling party does not possess undisclosed material adverse information at the time of signing. Because this form is a required regulatory disclosure of planned sales, it is typically treated as a routine insider transaction record rather than an operational or financial disclosure.
FAQ
What does Okta's (OKTA) Form 144 disclose?
Who acquired the shares being sold in the Okta filing?
Does the Form 144 list prior sales by the seller?
What is the total number of Okta shares outstanding noted in the filing?
Who is identified as the seller in the past sale entry?