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Okta Board Member Shellye Archambeau Receives Fresh Stock Package Worth Millions

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

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.

Positive

  • None.

Negative

  • None.
Insider ARCHAMBEAU SHELLYE L
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,487 $0.00 --
Exercise Restricted Stock Units 2,832 $0.00 --
Exercise Class A Common Stock 2,832 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,487 shares (Direct); Class A Common Stock — 11,692 shares (Direct)
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 vested in full on June 20, 2025. 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
ARCHAMBEAU SHELLYE L
(Last) (First) (Middle)
100 FIRST ST, SUITE 600
(Street)
SAN FRANCISCO CA 94105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Okta, Inc. [ OKTA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 06/20/2025 M 2,832 A $0 11,692 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 06/20/2025 M 2,832 (2) (2) Class A Common Stock 2,832 $0 0 D
Restricted Stock Units (1) 06/24/2025 A 2,487 (3) (3) Class A Common Stock 2,487 $0 2,487 D
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 vested in full on June 20, 2025.
3. 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.
Remarks:
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 06/24/2025
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider trading activity occurred at OKTA on June 20, 2025?

Director Shellye L. Archambeau acquired 2,832 shares of OKTA Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at $0 exercise price, bringing their total direct ownership to 11,692 shares.

How many new Restricted Stock Units (RSUs) did OKTA director Archambeau receive on June 24, 2025?

Shellye L. Archambeau received 2,487 new Restricted Stock Units (RSUs) on June 24, 2025, which will vest in full on either June 24, 2026, or the day before OKTA's next annual stockholder meeting, whichever comes first.

What is the vesting schedule for OKTA director Archambeau's new RSU grant?

The 2,487 RSUs granted on June 24, 2025, will vest in full on the earlier of two dates: June 24, 2026, or the day immediately before OKTA's next regular annual stockholder meeting, contingent on Archambeau's continued service with the company.

How many OKTA shares does Director Shellye Archambeau own after the June 20, 2025 transaction?

Following the RSU vesting transaction on June 20, 2025, Director Shellye L. Archambeau directly owns 11,692 shares of OKTA Class A Common Stock.