Larissa Schwartz sells shares under 10b5-1 plan (OKTA)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Okta insider Larissa Schwartz reported planned sales of common stock under a Rule 10b5-1 plan via Form 144. The filing lists multiple 10b5-1 sale entries on 03/10/2026 and 04/07/2026 showing specific share counts and proceeds for each trade.
Positive
- None.
Negative
- None.
Insights
Routine disclosure of scheduled insider sales under a 10b5-1 plan.
The filing lists several 10b5-1 sales by Larissa Schwartz on 03/10/2026 and 04/07/2026, with individual trade details including share counts and dollar amounts. This is a standard regulatory notice of planned dispositions.
Timing and pricing reflect executed trades; cash‑flow treatment and any remaining planned sales are not stated in the excerpt. Subsequent filings may show additional transactions or cumulative position changes.
Key Figures
Trade on 04/07/2026: 1,054 shares for 84,404.32
Trade on 04/07/2026: 5,197 shares for 414,088.72
Trade on 03/10/2026: 1,054 shares for 84,320.00
+3 more
6 metrics
Trade on 04/07/2026
1,054 shares for 84,404.32
10b5-1 sale listed on 04/07/2026
Trade on 04/07/2026
5,197 shares for 414,088.72
10b5-1 sale listed on 04/07/2026
Trade on 03/10/2026
1,054 shares for 84,320.00
10b5-1 sale listed on 03/10/2026
Trade on 03/10/2026
656 shares for 52,316.00
10b5-1 sale listed on 03/10/2026
Smaller trades
126 shares for 10,090.08 and 126 shares for 10,048.50
10b5-1 sales on 04/07/2026 and 03/10/2026
Aggregate line in excerpt
5,323 shares for 413,863.25
Listed near issuer/security header (as shown in excerpt)
Key Terms
10b5-1, Restricted Stock Units, Form 144
3 terms
10b5-1 regulatory
"10b5-1 Sales for LARISSA SCHWARTZ 100 First Street"
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.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 06/15/2025"
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.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does Larissa Schwartz's Form 144 for OKTA disclose?
It discloses planned or executed sales of common stock under a Rule 10b5-1 plan. The filing lists multiple trades on 03/10/2026 and 04/07/2026 with specific share counts and proceeds for each trade.
Were Larissa Schwartz's sales part of a Rule 10b5-1 plan?
Yes. The entries are labeled as 10b5-1 sales, indicating the transactions were executed pursuant to a pre-arranged trading plan. The filing shows dates and per-trade details for those sales.
Does the Form 144 state who receives the sale proceeds?
No. The excerpt lists proceeds amounts per trade but does not state who received the cash. The filing shows dollar values associated with each trade without specifying recipient parties.
Are there dates tied to the reported transactions in the filing?
Yes. Trades are shown with execution dates including 03/10/2026 and 04/07/2026. Each listed trade includes a date, share count, and corresponding dollar amount.