Okta CFO granted performance-based stock awards
Tighe Brett reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Tighe Brett reported acquisition or exercise transactions in this Form 4 filing.
Okta, Inc.’s Chief Financial Officer Brett Tighe reported equity awards and holdings updates. On February 25, 2026, three performance stock unit grants were certified as earned, covering 35,226, 15,493, and 14,079 shares of Class A Common Stock at a price of $0.00 per share. These shares will vest when service-based conditions are met on March 15, 2026.
The filing also updates holdings in several restricted stock unit awards, which vest quarterly based on continued employment, and reflects indirect ownership of Class B Common Stock and Class A shares held by a trust. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 64,798 shares
Grant/Award
9 txns
Insider
Tighe Brett
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 35,226 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 15,493 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 14,079 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 199,183 shares (Direct);
Restricted Stock Units — 61,926 contracts (Direct);
Class B Common Stock — 69,046 contracts (Indirect, By Trust);
Class A Common Stock — 1,250 shares (Indirect, By Trust)
Footnotes (12)
- F1. On March 21, 2023, 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 35,226 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 35,226 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- F3. On March 29, 2024, the Reporting Person was granted 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 15,493 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.
- F4. Includes 50,719 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- F5. On March 30, 2025, the Reporting Person was granted 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 14,079 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.
- F6. Includes 64,798 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.
- F7. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Okta (OKTA) CFO Brett Tighe report?
Brett Tighe reported three performance-based stock awards in Okta Class A shares. The Compensation Committee certified 35,226, 15,493, and 14,079 shares as earned, tied to prior PSU grants, with vesting dependent on service conditions through March 15, 2026.
Were Brett Tighe’s Okta (OKTA) awards open-market stock purchases?
No, the reported Okta transactions are equity grants, not market purchases. Shares were acquired at a price of $0.00 per share as performance stock units earned upon meeting performance criteria, subject to additional service-based vesting requirements through March 15, 2026.
How do Brett Tighe’s Okta (OKTA) performance stock units vest?
The performance stock units vest in two steps: first, the Compensation Committee determined earned amounts based on performance criteria; then, the earned shares vest once service-based conditions are satisfied on March 15, 2026, assuming Brett Tighe’s continued employment with Okta.
What restricted stock unit schedules are disclosed for Okta (OKTA)?
The filing describes several RSU grants where an initial portion vested on June 15 of 2022, 2023, 2024, or 2025. Remaining RSU shares vest in equal quarterly installments thereafter, contingent on Brett Tighe’s continuous employment with Okta on each vesting date.
Does the Okta (OKTA) Form 4 show any stock sales by the CFO?
The Form 4 reports no stock sales by Brett Tighe. All coded transactions are acquisitions or updates to existing equity awards and holdings, including performance stock units, restricted stock units, and shares held directly or indirectly, rather than open-market dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
