Okta (OKTA) CFO details RSU exercises, tax withholding and updated share holdings
Rhea-AI Filing Summary
Okta, Inc. Chief Financial Officer Brett Tighe reported equity compensation activity involving restricted stock units and related tax withholding. On March 15, 2026, he exercised or converted derivative awards into 18,272 shares of Class A Common Stock, reflecting RSUs that had vested under prior grants.
To cover tax obligations on these vestings, 32,775 shares of Class A Common Stock were withheld by the issuer rather than sold on the open market. After these transactions, Tighe directly held 184,680 shares of Class A Common Stock.
He also had indirect holdings through trusts, including 69,046 shares of Class B Common Stock convertible into Class A Common Stock on a one-for-one basis with no expiration date, plus 1,250 shares of Class A Common Stock held indirectly. The activity appears consistent with routine RSU vesting and associated tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,581 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,298 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,873 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,520 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 25,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,581 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,885 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,298 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,479 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,873 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,525 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,520 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,386 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. The shares underlying the RSU fully vested on March 15, 2026. 8.33% of the shares underlying the RSU vested on June 15, 2024, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 8.33% of the shares underlying the RSU vested on June 15, 2025, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
