Okta CRO converts 12,743 RSUs into Class A shares
Okta’s chief revenue officer converted RSUs into Class A shares, with part of the stock withheld to cover exercise price or tax obligations.
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Form Type
4
Rhea-AI Filing Summary
Okta, Inc. (OKTA) reported that Chief Revenue Officer Jonathan James Addison exercised or converted restricted stock units (RSUs) into Class A Common Stock on September 15, 2026. He acquired 12,743 shares of Class A Common Stock through these RSU conversions, and 6,607 shares were delivered or withheld to cover exercise price or tax liability. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
12,743 shares exercised/converted
Exercise
12 txns
Insider
Addison Jonathan James
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 3,591 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 1,453 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 3,080 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 4,619 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,591 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,920 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,453 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 768 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,080 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,568 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,619 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,351 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 71,165 contracts (Direct);
Class A Common Stock — 16,624 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 83,908 to 71,165 contracts (Direct);
Class A Common Stock, 10,488 to 16,624 shares (Direct)
Footnotes (5)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. 8.33% of the shares underlying the RSU vested on March 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.
- F3. 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.
- F4. 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.
- F5. 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 or conversions: 12,743 shares
Shares delivered/withheld for exercise price or tax liability: 6,607 shares
Number of RSU exercise or conversion transactions: 4 transactions
+2 more
5 metrics
RSU exercises or conversions
12,743 shares
Total shares from derivative exercises or conversions (code M) summarized in the filing
Shares delivered/withheld for exercise price or tax liability
6,607 shares
Total shares with transaction code F for payment of exercise price or tax liability
Number of RSU exercise or conversion transactions
4 transactions
Derivative transaction count (code M) for RSU-related exercises on September 15, 2026
Number of exercise-price-or-tax-liability transactions
4 transactions
Form 4 reports four transactions with code F tied to payment of exercise price or tax liability
Reporting person role
Chief Revenue Officer
Jonathan James Addison is identified as the Chief Revenue Officer of Okta, Inc.
Key Terms
Restricted Stock Unit, Class A Common Stock, Rule 10b5-1, Payment of exercise price or tax liability
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"the right to 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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OKTA’s Chief Revenue Officer report on September 15, 2026?
Jonathan James Addison exercised or converted RSUs into Class A Common Stock on September 15, 2026, acquiring 12,743 shares and having 6,607 shares delivered or withheld to cover exercise price or tax liability.
Were any of the OKTA insider transactions made under a Rule 10b5-1 plan?
No. The filing shows the Rule 10b5-1 checkbox as not selected, so the transactions are not reported as being made under a Rule 10b5-1 trading plan.
Did the Okta (OKTA) CRO report any open market stock purchases or sales?
No open market purchases or sales are reported. The transactions consist of RSU exercises or conversions and share deliveries or withholdings to cover exercise price or tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
