[Form 4] Okta, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Brett Tighe, Chief Financial Officer of Okta, Inc. (OKTA), reported multiple transactions dated 09/15/2025. The filing records a series of non-derivative and derivative security transactions involving Class A Common Stock and Restricted Stock Units (RSUs). Several RSU grants vested or were reported as acquired in amounts of 4,580, 6,297, 3,874, and 3,520 RSUs, with underlying Class A shares shown accordingly. The Form 4 also reports multiple dispositions (codes "F") and acquisitions (codes "M") of Class A shares on the same date, and discloses 69,046 shares of Class B Common Stock held indirectly by trust. Footnotes state each RSU converts to one Class A share and describe staggered vesting schedules for each RSU grant. The filing is signed by an attorney-in-fact on 09/17/2025.
Positive
- Transparent vesting disclosure: The filing specifies vesting schedules and exact RSU amounts (4,580; 6,297; 3,874; 3,520).
- Indirect ownership disclosed: 69,046 Class B shares held by trust are clearly reported as convertible to Class A shares.
Negative
- Multiple dispositions reported: The Form 4 includes several 'F' disposition entries for Class A shares on 09/15/2025, indicating reductions in direct holdings on that date.
- Price information limited: Reported acquisitions list price as $0, providing no cash proceeds or sale price context for some transactions.
Insights
TL;DR: Routine executive RSU vesting and intra-day reported acquisitions/dispositions, with substantial indirect Class B holdings.
The Form 4 documents scheduled vesting activity and related reportable transactions by Okta's CFO on 09/15/2025. Multiple RSU grants converted into rights to Class A shares in amounts explicitly listed (4,580; 6,297; 3,874; 3,520). The filing also shows matching disposition entries on the same date, suggesting planned reporting of vested awards and/or related share movements. The disclosure of 69,046 Class B shares held indirectly by trust is material to control/ownership profile since each Class B share is convertible into one Class A share by the holder. No financial amounts or sale prices are reported beyond $0 prices for the reported acquisitions, and vesting schedules are provided in footnotes.
TL;DR: Compliance-focused Form 4 showing RSU vesting cadence and indirect beneficial ownership, appearing procedural rather than unusual.
The report details the mechanics of RSU vesting with clear tranche schedules: initial partial vesting dates (June 15 of 2022–2025 per grant) followed by quarterly installments. That specificity supports transparency on executive compensation realization. The signature by an attorney-in-fact indicates the filing was executed by an authorized representative. There are no disclosures here of departures, options exercised for cash, or unusual one-off transactions that would signal governance or litigation concerns.