Okta officer awarded 21,119 performance-based shares
Okta, Inc. officer Eric Robert Kelleher reported an equity award tied to earlier performance stock units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 21,119 | $0.00 | $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 | -- | -- | -- |
Footnotes (8)
- F1. 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.
- F2. Includes 21,119 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- F3. The shares subject to the option are fully vested and exercisable by the Reporting Person.
- F4. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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
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What insider transaction did Okta (OKTA) report for Eric Robert Kelleher?
How do Okta performance stock units (PSUs) work in this Eric Kelleher filing?
What other equity awards does Eric Robert Kelleher hold at Okta (OKTA)?
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