Okta (NASDAQ: OKTA) CAO settles RSUs and gifts 2,492 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. Chief Accounting Officer Shibu Ninan reported routine equity transactions involving Class A Common Stock. On June 15, 2026, he exercised restricted stock units to acquire a total of 4,645 shares of Class A Common Stock in several transactions, while 2,366 shares were disposed of to cover tax obligations through share withholding.
On June 16, 2026, he made a bona fide gift of 2,492 shares of Class A Common Stock. After these transactions, he directly holds 23,304 shares of Okta Class A Common Stock. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,645 shares exercised/converted
Mixed
13 txns
Insider
Ninan Shibu
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,492 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,196 | $0.00 | -- |
| Exercise | Restricted Stock Units | 484 | $0.00 | -- |
| Exercise | Restricted Stock Units | 836 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,129 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,196 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,118 | $0.00 | -- |
| Exercise | Class A Common Stock | 484 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 247 | $0.00 | -- |
| Exercise | Class A Common Stock | 836 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 426 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,129 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 575 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 23,304 shares (Direct, null);
Restricted Stock Units — 2,196 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. 25% of the shares underlying the RSU vested on September 15, 2023, and the remaining shares underlying the RSU shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 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. 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. 8.33% of the shares underlying the RSU vested on June 15, 2026, 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.
Key Figures
RSU exercises: 4,645 shares
Tax withholding shares: 2,366 shares
Gifted shares: 2,492 shares
+4 more
7 metrics
RSU exercises
4,645 shares
Class A Common Stock acquired via RSU exercises on June 15, 2026
Tax withholding shares
2,366 shares
Shares disposed to cover tax obligations on June 15, 2026
Gifted shares
2,492 shares
Bona fide gift of Class A Common Stock on June 16, 2026
Post-transaction holdings
23,304 shares
Direct Class A Common Stock held after June 16, 2026 gift
RSU derivative transactions
4 transactions
Restricted Stock Unit exercises reported as derivative transactions
Tax-withholding transactions
4 transactions
F-code dispositions to pay taxes by delivering shares
Gift transactions
1 transaction
G-code bona fide gift of Okta Class A Common Stock
Key Terms
Restricted Stock Unit ("RSU"), bona fide gift, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
bona fide gift financial
"transaction_code "G" with description "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
tax-withholding disposition financial
"transaction_action "tax-withholding disposition" for F-code entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action "derivative exercise/conversion" for M-code entries"
quarterly installments financial
"remaining shares underlying the RSU shall vest in 12 equal quarterly installments"
FAQ
What insider transactions did Okta (OKTA) Chief Accounting Officer Shibu Ninan report?
Shibu Ninan reported exercising restricted stock units into Class A Common Stock, share dispositions for tax withholding, and a bona fide gift. These transactions represent compensation-related equity activity and a personal transfer, not open-market buying or selling of Okta shares.
Do these Okta (OKTA) insider transactions involve open-market buying or selling?
No open-market purchases or sales were reported. The activity consists of RSU exercises that deliver shares, share dispositions to cover tax liabilities, and a bona fide gift. These are primarily compensation and personal-transfer events rather than discretionary trading.