Okta director granted 2,080 RSUs
Schellhase David reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
Grant/Award: 2,080 shares
Grant/Award
1 txn
Insider
Schellhase David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,080 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,080 contracts (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
Key Figures
RSUs granted: 2,080 units
Underlying shares: 2,080 shares
Total derivatives after grant: 2,080 units
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, Class A Common Stock, vest in full, annual stockholder meeting
4 terms
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
