Okta Director Acquires 2,832 Shares Through RSU Vesting, Gets New Grant
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Rhea-AI Filing Summary
Okta Director Shellye L. Archambeau reported multiple transactions in a Form 4 filing dated June 28, 2025:
- On June 20, 2025, exercised 2,832 Restricted Stock Units (RSUs) that fully vested, converting them to Class A Common Stock at $0 exercise price
- On June 24, 2025, received a new grant of 2,487 RSUs that will vest fully on the earlier of June 24, 2026, or the day before Okta's next annual stockholder meeting
- Following these transactions, Archambeau directly owns 11,692 shares of Class A Common Stock and 2,487 unvested RSUs
The transactions were executed under regular insider trading protocols, with the Form 4 filed within the required reporting window. The RSU grants appear to be part of standard director compensation arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,487 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,832 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,832 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. The RSUs vested in full on June 20, 2025.
- F3. The RSUs vest in full on the earlier of June 24, 2026 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider trading activity occurred at OKTA on June 20, 2025?
How many new Restricted Stock Units (RSUs) did OKTA director Archambeau receive on June 24, 2025?
What is the vesting schedule for OKTA director Archambeau's new RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.