Okta (OKTA) insider details RSU vesting and 40,063-share ownership
Rhea-AI Filing Summary
Okta, Inc. insider activity centers on RSU vesting and share withholding. A company officer, identified in the remarks as the Chief Legal Officer and Corporate Secretary, reported multiple transactions on December 15, 2025 involving Class A Common Stock.
Several blocks of Restricted Stock Units were converted into Class A Common Stock at a stated price of $0 per share, with corresponding share amounts withheld (code “F”) to cover obligations, also at a stated price of $0. After these transactions, the reporting person directly beneficially owned 40,063 shares of Okta Class A Common Stock.
The explanation notes that each RSU represents the right to receive one share of Class A Common Stock, with one RSU grant fully vesting on December 15, 2025 and other RSU grants vesting in specified quarterly installments, subject to continued employment.
Positive
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Negative
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FAQ
What insider transaction did Okta (OKTA) report on December 15, 2025?
An Okta officer reported multiple transactions on December 15, 2025 where Restricted Stock Units were converted into Class A Common Stock (transaction code M) and shares were withheld (transaction code F), all at a stated price of $0 per share.
How many Okta (OKTA) shares does the reporting person own after these transactions?
Following the reported transactions, the officer directly beneficially owned 40,063 shares of Okta Class A Common Stock.
What type of securities were involved in this Okta (OKTA) Form 4 filing?
The filing involves Restricted Stock Units (RSUs), each representing the right to receive one share of Okta’s Class A Common Stock, and the corresponding Class A Common Stock received upon conversion.
What is the vesting schedule for the Okta (OKTA) RSUs mentioned?
One RSU grant fully vested on December 15, 2025. Other RSU grants vest as follows: for one grant, 6.25% vested on June 15, 2022 with the remainder in 15 equal quarterly installments; for others, 8.33% vested on June 15, 2023, June 15, 2024, or June 15, 2025 with the remaining shares vesting in 11 equal quarterly installments, in each case subject to the officer’s continuous employment on each vesting date.
Who is the insider in this Okta (OKTA) Form 4 and what is their role?
The remarks describe the reporting person as Okta’s Chief Legal Officer and Corporate Secretary.
Why are some Okta (OKTA) transactions coded as M and F in the Form 4?
Transactions coded M reflect the conversion of Restricted Stock Units into Class A Common Stock. Transactions coded F reflect dispositions of shares, also at a stated price of $0, in connection with those awards.