Okta Board Member Rebecca Saeger Increases Stake Following RSU Exercise
Rhea-AI Filing Summary
Okta director Rebecca Saeger reported the vesting of 2,832 Restricted Stock Units (RSUs) on June 20, 2025. Upon vesting, the RSUs were converted into an equivalent number of Class A Common Stock shares at an exercise price of $0.
Following the transaction, Saeger directly owns 16,022 shares of Okta Class A Common Stock. The RSUs vested in full on the transaction date, leaving her with 0 remaining unvested RSUs from this grant.
Key transaction details:
- Transaction Code: M (Exercise or conversion of derivative security)
- Security Type: Class A Common Stock
- Ownership Form: Direct
- Filing was made by a single reporting person
- Transaction reported within required filing deadline
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,832 shares
Net Buy
2 txns
Insider
Saeger Rebecca
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,832 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,832 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 16,022 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. The RSUs vested in full on June 20, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the exercise price of OKTA RSUs that vested for Rebecca Saeger?
The Restricted Stock Units (RSUs) were converted to shares at $0 exercise price, as each RSU represented the right to receive one share of OKTA's Class A Common Stock upon vesting.
When did OKTA director Rebecca Saeger's RSUs vest?
Rebecca Saeger's Restricted Stock Units (RSUs) vested in full on June 20, 2025.
Who filed the Form 4 for OKTA director Rebecca Saeger's stock transaction?
The Form 4 was filed by Larissa Schwartz, acting as attorney-in-fact for Rebecca Saeger, and was signed on June 24, 2025.