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Okta (NASDAQ: OKTA) insider plans sale of 10000 shares via Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of Okta filed a Form 144 notice to sell 10000 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ exchange. The planned sale has an aggregate market value of 935700.00 and occurs against a total of 169459250 shares outstanding.

The securities to be sold were acquired from the issuer as restricted stock units on several dates, including 03/15/2024 (364 shares), 06/15/2024 (8645 shares), and 09/15/2019 (991 shares), matching the 10000 shares covered by the notice. By signing, the seller represents they are not aware of any undisclosed material adverse information about Okta.

Positive

  • None.

Negative

  • None.

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 Okta (OKTA) disclose in this Form 144 notice?

The filing discloses that an Okta affiliate plans to sell 10000 common shares on NASDAQ with an aggregate market value of 935700.00, using Morgan Stanley Smith Barney LLC as broker.

How many Okta (OKTA) shares are planned to be sold and on which exchange?

The notice covers the proposed sale of 10000 common shares of Okta on the NASDAQ stock market.

What is the aggregate market value of the Okta shares in this Form 144?

The 10000 Okta common shares covered by the notice have an aggregate market value of 935700.00 as stated in the filing.

How many Okta (OKTA) shares are outstanding in this Form 144 context?

The filing reports that there are 169459250 Okta common shares outstanding in connection with this proposed sale.

How were the Okta shares in this Form 144 originally acquired?

The shares were acquired from the issuer as restricted stock units on dates including 03/15/2024 (364 shares), 06/15/2024 (8645 shares), and 09/15/2019 (991 shares).

What representation does the seller make in this Okta Form 144 filing?

The seller represents that they do not know any material adverse information about Okta’s current or prospective operations that has not been publicly disclosed.

Okta Inc

NASDAQ:OKTA

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16.29B
168.56M
0.53%
96.55%
3.88%
Software - Infrastructure
Services-prepackaged Software
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United States
SAN FRANCISCO