Okta Board Member Shows Continued Commitment with Fresh Stock Grant
Rhea-AI Filing Summary
Okta Director Robert L. Dixon Jr. reported significant insider transactions in a Form 4 filing. On June 20, 2025, Dixon acquired 2,832 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at $0 exercise price, bringing his direct ownership to 11,469 shares.
Additionally, on June 24, 2025, Dixon was granted 2,487 new RSUs that will vest in full on the earlier of June 24, 2026, or the day before Okta's next annual stockholder meeting, contingent on his continued service with the company.
Key transaction details:
- 2,832 RSUs converted to common stock on June 20, 2025
- New grant of 2,487 RSUs received on June 24, 2025
- All securities held in direct ownership
- Total direct beneficial ownership: 11,469 shares of Class A Common Stock
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,832 shares
Net Buy
3 txns
Insider
Dixon Robert L JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,487 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,832 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,832 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,487 shares (Direct);
Class A Common Stock — 11,469 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. The RSUs vested in full on June 20, 2025.
- F3. The RSUs vest in full on the earlier of June 24, 2026 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trading activity occurred at OKTA on June 20, 2025?
On June 20, 2025, OKTA director Robert L. Dixon JR acquired 2,832 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
How many new RSUs did OKTA director Robert Dixon receive in June 2025?
Robert Dixon received 2,487 new Restricted Stock Units (RSUs) on June 24, 2025, which will vest in full on either June 24, 2026, or the day before OKTA's next regular annual stockholder meeting, whichever comes first.
What is the vesting schedule for the new OKTA RSUs granted to Robert Dixon?
The 2,487 RSUs granted on June 24, 2025, will vest in full on the earlier of either June 24, 2026, or the date immediately prior to OKTA's next regular annual stockholder meeting, contingent on Dixon's continued service to the company.