STOCK TITAN

Larissa Schwartz sells shares under 10b5-1 plan (OKTA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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)
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.

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

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.

How many shares and proceeds are shown in the Form 144 trades?

The filing lists individual trades such as 1,054 shares for 84,404.32 and 5,197 shares for 414,088.72. Several other 126-, 656-share and 1,054-share entries with dollar amounts are also shown.

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.