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Okta (OKTA) director David Schellhase receives 2,080 RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schellhase David reported acquisition or exercise transactions in this Form 4 filing.

Okta, Inc. director David Schellhase received a grant of 2,080 Restricted Stock Units, each representing one share of Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2027 or immediately before Okta’s next regular annual stockholder meeting, contingent on his continued service.

Positive

  • None.

Negative

  • None.
Insider Schellhase David
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,080 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,080 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2027 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.
RSUs granted 2,080 units Restricted Stock Units awarded to director on June 18, 2026
Underlying shares 2,080 shares Class A Common Stock represented by RSUs
Total derivatives after grant 2,080 units Total RSUs held following this transaction
Vesting date June 18, 2027 Full vesting or earlier immediately before next annual meeting
Exercise price $0.00 per unit RSUs granted with no exercise price
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in full financial
"The RSUs vest in full on the earlier of June 18, 2027"
annual stockholder meeting financial
"or the date immediately prior to the Issuer's next regular annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schellhase David
(Last)(First)(Middle)
100 FIRST ST, SUITE 600
(Street)
SAN FRANCISCO CALIFORNIA 94105
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Okta, Inc. [ OKTA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/18/2026A2,080 (2) (2)Class A Common Stock2,080$02,080D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
2. The RSUs vest in full on the earlier of June 18, 2027 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.
Remarks:
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Okta (OKTA) director David Schellhase report in this Form 4?

David Schellhase reported receiving 2,080 Restricted Stock Units from Okta. Each RSU represents one share of Class A Common Stock, providing equity-based compensation that aligns the director’s interests with other shareholders over a multi-year vesting period.

How many Okta (OKTA) shares are covered by the new RSU award?

The award covers 2,080 Restricted Stock Units, each tied to one Okta Class A Common share. After this grant, the Form 4 shows 2,080 derivative securities held, reflecting this single compensation-related equity award to the director.

When do David Schellhase’s Okta (OKTA) RSUs vest?

The RSUs vest in full on the earlier of June 18, 2027 or the date immediately prior to Okta’s next regular annual stockholder meeting. Vesting is conditioned on Schellhase’s continued service to the company through that vesting date.

What does each Okta (OKTA) Restricted Stock Unit represent in this filing?

Each Restricted Stock Unit represents the right to receive one share of Okta’s Class A Common Stock. This structure grants future stock, rather than immediate shares, and is a common form of equity compensation for directors and executives.

Was this Okta (OKTA) Form 4 a market purchase or sale?

No, the Form 4 reflects a grant of Restricted Stock Units coded as an acquisition (A), not an open-market trade. It is a compensation-related equity award, rather than a discretionary buy or sell transaction in Okta shares.