Okta (OKTA) lists Chief Legal Officer Morgan Scott as reporting insider in Form 3
Rhea-AI Filing Summary
Okta, Inc. filed an initial ownership report for Morgan Scott, who serves as Chief Legal Officer. The filing is a Form 3 that establishes Scott’s status as a reporting officer under SEC rules. It notes an attached Power of Attorney authorizing certain filing-related actions.
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Key Terms
Form 3, Power of Attorney, reporting person
3 terms
Form 3 regulatory
"filed an initial ownership report for Morgan Scott, which is a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Power of Attorney regulatory
"The remarks section references “Exhibit 24 - Power of Attorney”"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
reporting person regulatory
"identifies Morgan Scott as a reporting person for Okta, Inc."
FAQ
Who is the insider named in Okta (OKTA)'s latest Form 3 filing?
The Form 3 identifies Morgan Scott as a reporting person for Okta, Inc. Scott is listed as an officer of the company with the title Chief Legal Officer, triggering SEC insider reporting obligations.
What officer role does Morgan Scott hold at Okta (OKTA)?
Morgan Scott is reported as an officer of Okta, Inc. with the title Chief Legal Officer. This executive role subjects Scott to ongoing SEC reporting requirements for ownership and certain transactions in Okta securities.
What is noted in the remarks section of Okta (OKTA)'s Form 3 for Morgan Scott?
The remarks section references “Exhibit 24 - Power of Attorney”. This indicates a Power of Attorney has been provided, typically authorizing others to sign and submit SEC ownership reports on Morgan Scott’s behalf.
Does the Okta (OKTA) Form 3 indicate use of a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is identified in this Form 3. The plan status field is null, and there are no transaction-specific footnotes describing trades made pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.