Okta (OKTA) officer earns 21,119 performance-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. officer Eric Robert Kelleher reported an equity award tied to earlier performance stock units. On February 25, 2026, he acquired 21,119 shares of Okta Class A common stock at a price of $0.00 per share, classified as a grant or award.
According to the footnotes, these 21,119 shares were earned based on performance criteria from performance stock units granted on March 30, 2025, and will vest once a service-based condition is satisfied on March 15, 2026. After this award, Kelleher directly held 32,385 shares of Okta Class A common stock, alongside various fully vested stock options and time-vested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Kelleher Eric Robert
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 21,119 | $0.00 | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 32,385 shares (Direct);
Employee Stock Option (Right to Buy) — 2,409 shares (Direct);
Restricted Stock Units — 1,188 shares (Direct)
Footnotes (1)
- On March 30, 2025, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 25, 2026, the Compensation Committee of the Board of Directors determined that 21,119 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2026. Includes 21,119 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock. The shares subject to the option are fully vested and exercisable by the Reporting Person. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 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, 2023, 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, 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.
FAQ
What insider transaction did Okta (OKTA) report for Eric Robert Kelleher?
Okta reported that officer Eric Robert Kelleher acquired 21,119 shares of Class A common stock as a grant or award. The shares relate to performance stock units earned after meeting performance criteria and will vest upon satisfying a service condition on March 15, 2026.
How do Okta performance stock units (PSUs) work in this Eric Kelleher filing?
Each performance stock unit represents the right to receive one Okta Class A share if certain conditions are met. For Kelleher, 21,119 PSUs were earned based on performance goals, and the corresponding shares will vest after a separate service-based vesting condition on March 15, 2026.
What other equity awards does Eric Robert Kelleher hold at Okta (OKTA)?
Beyond common shares, the filing shows Kelleher holds fully vested employee stock options and multiple restricted stock unit awards. Each RSU entitles him to one share of Okta Class A stock, vesting in scheduled quarterly installments subject to his continued employment with the company.