Okta executive sells 3,977 shares under 10b5-1 plan
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Form Type
4
Rhea-AI Filing Summary
Okta, Inc. officer Eric Robert Kelleher sold a total of 3,977 shares of Class A common stock on June 18, 2026 in several open‑market transactions at weighted‑average prices between $107.54 and $118.07 per share, pursuant to a Rule 10b5‑1 trading plan adopted April 15, 2025. After these sales he directly holds 19,618 Class A shares, 119,227 Restricted Stock Units representing Class A shares, and employee stock options for 22,334 underlying shares.
Insider Trade Summary 10b5-1
Net Seller: 3,977 shares
Net Sell
13 txns
Insider
Kelleher Eric Robert
Role
See Remarks
Sold
3,977 shs ($454K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 200 | $107.975 | $22K |
| Sale | Class A Common Stock | 400 | $109.005 | $44K |
| Sale | Class A Common Stock | 1,000 | $111.0467 | $111K |
| Sale | Class A Common Stock | 300 | $112.1483 | $34K |
| Sale | Class A Common Stock | 200 | $115.335 | $23K |
| Sale | Class A Common Stock | 1,777 | $117.5945 | $209K |
| Sale | Class A Common Stock | 100 | $118.49 | $12K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 19,618 shares (Direct);
Restricted Stock Units — 119,227 contracts (Direct);
Employee Stock Option (Right to Buy) — 22,334 contracts (Direct)
Footnotes (13)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2025.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.54 to $108.41 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Includes 130 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.80 to $109.53 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.70 to $111.54 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.935 to $112.38 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.17 to $115.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.11 to $118.07 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F9. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. The shares subject to the option are fully vested and exercisable by the Reporting Person.
Key Figures
Shares sold: 3,977 shares of Class A common stock
Sale price range: $107.54–$118.07 per share
Post-transaction Class A holdings: 19,618 shares
+5 more
8 metrics
Shares sold
3,977 shares of Class A common stock
Total sold by Eric Robert Kelleher on June 18, 2026
Sale price range
$107.54–$118.07 per share
Weighted-average prices across multiple sale transactions
Post-transaction Class A holdings
19,618 shares
Direct Class A common stock held after the reported sales
Restricted Stock Units held
119,227 units
RSUs representing the right to receive Class A common shares
Stock options underlying shares
22,334 shares
Employee stock options exercisable into Class A common stock
10b5-1 plan adoption date
April 15, 2025
Date Kelleher adopted the Rule 10b5-1 trading plan
Option exercise price
$211.86 per share
Exercise price of stock options expiring on September 21, 2030
Option exercise price
$274.96 per share
Exercise price of stock options expiring on April 21, 2031
Key Terms
Rule 10b5-1 trading plan, weighted average price, Restricted Stock Unit ("RSU"), Section 423 Employee Stock Purchase Plan, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Section 423 Employee Stock Purchase Plan financial
"Includes 130 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan."
continuous employment financial
"subject to the Reporting Person's continuous employment with the Issuer on each such date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Okta (OKTA) report for Eric Robert Kelleher?
Eric Robert Kelleher reported selling 3,977 shares of Okta Class A common stock on June 18, 2026 in multiple open‑market trades. These sales were executed under a Rule 10b5‑1 trading plan adopted on April 15, 2025.
What derivative equity awards does Kelleher retain in Okta (OKTA)?
Kelleher retains 119,227 Restricted Stock Units, each representing one Okta Class A share, and stock options for 22,334 shares. Option exercise prices include $211.86, $255.38 and $274.96 per share, with expirations extending to 2030 and 2031.
Was Kelleher’s Okta (OKTA) stock sale made under a trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5‑1 trading plan adopted on April 15, 2025. Such plans pre‑schedule trades, which can reduce the informational value of timing for external observers.
How do Kelleher’s Restricted Stock Units in Okta (OKTA) vest?
Each RSU equals one Class A share. Footnotes state 8.33% of certain RSU grants vested on June 15 of 2024, 2025, and 2026, with remaining shares vesting in 11 equal quarterly installments, subject to continuous employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
