Okta Director Receives 2,487 New RSUs Following Previous Share Vesting
Okta Director Robert L. Dixon Jr. reported significant insider transactions in a Form 4 filing.
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
| 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 |
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.
FAQ
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What insider trading activity occurred at OKTA on June 20, 2025?
How many new RSUs did OKTA director Robert Dixon receive in June 2025?
What is the vesting schedule for the new OKTA RSUs granted to Robert Dixon?
AI-generated analysis. How Rhea-AI works. Not financial advice.