Okta (OKTA) director receives 2,080 restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BERNSHTEYN ROBERT reported acquisition or exercise transactions in this Form 4 filing.
Okta, Inc. director Robert Bernshteyn received a grant of 2,080 Restricted Stock Units, each representing one share of Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2027 or immediately before Okta’s next regular annual stockholder meeting, conditional on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERNSHTEYN ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,080 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,080 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2027 or the date immediately prior to the Issuer's next regular annual stockholder meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.
Key Figures
RSUs granted: 2,080 units
Underlying shares: 2,080 shares
Award price per unit: $0.00 per RSU
+2 more
5 metrics
RSUs granted
2,080 units
Restricted Stock Units awarded to director on June 18, 2026
Underlying shares
2,080 shares
Class A Common Stock underlying the RSU award
Award price per unit
$0.00 per RSU
Grant/award acquisition, not open-market purchase
Vesting date
June 18, 2027
Or immediately before next regular annual stockholder meeting
Holdings after grant
2,080 RSUs
Total Restricted Stock Units following the reported transaction
Key Terms
Restricted Stock Units, RSU, Class A Common Stock, vest in full, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in full financial
"The RSUs vest in full on the earlier of June 18, 2027"
annual stockholder meeting financial
"or the date immediately prior to the Issuer's next regular annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What insider transaction did Okta (OKTA) director Robert Bernshteyn report?
Robert Bernshteyn reported receiving 2,080 Restricted Stock Units from Okta. These RSUs are a stock-based compensation award and give him the right to receive the same number of Class A Common Stock shares if vesting conditions are satisfied.
How many Okta RSUs were granted to director Robert Bernshteyn?
He was granted 2,080 Restricted Stock Units. Each RSU represents the right to receive one share of Okta Class A Common Stock, so the award covers 2,080 underlying shares if vesting conditions are met in the future.
When do Robert Bernshteyn’s new Okta RSUs vest?
The RSUs vest in full on the earlier of June 18, 2027 or the date immediately before Okta’s next regular annual stockholder meeting, provided Bernshteyn continues to serve the company through the applicable vesting date.
What does each Okta RSU granted to Robert Bernshteyn represent?
Each Restricted Stock Unit represents the right to receive one share of Okta’s Class A Common Stock. No cash is paid for these units; they convert into shares if the vesting conditions, including continued service, are satisfied.