Okta (OKTA) CFO updates insider holdings after RSU conversions
Rhea-AI Filing Summary
Okta, Inc. reported insider equity activity for its Chief Financial Officer on a Form 4 dated 12/15/2025. Multiple Restricted Stock Unit (RSU) awards were converted into shares of Class A Common Stock at an exercise price of $0, and a portion of the resulting shares was withheld to cover obligations, leaving the CFO with net additional holdings.
Following these transactions, the CFO beneficially owns 144,385 shares of Class A Common Stock directly and 1,250 shares indirectly through a trust. The filing also shows continuing holdings of RSUs tied to Okta Class A Common Stock and 69,046 shares of Class A Common Stock underlying Class B shares held indirectly through a trust, which are convertible one-for-one into Class A with no expiration date. Several RSU grants vest in quarterly installments, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,580 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,298 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,873 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,520 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,580 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,832 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,298 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,479 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,873 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,525 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,520 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,386 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 8.33% of the shares underlying the RSU vested on June 15, 2023, 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. 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. 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. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
FAQ
What insider transaction did Okta (OKTA) disclose for its CFO?
Okta disclosed that its Chief Financial Officer had several Restricted Stock Unit (RSU) awards convert into shares of Class A Common Stock on 12/15/2025 at an exercise price of $0. Some of the resulting shares were then disposed of, coded as "F," to cover obligations.
What RSU vesting schedules are described for Okta (OKTA) in this filing?
The filing explains that one RSU grant vests 6.25% on June 15, 2022 with the remaining shares vesting in 15 equal quarterly installments, and other RSU grants vest 8.33% on June 15 of 2023, 2024, and 2025, with the remaining shares vesting in 11 equal quarterly installments, each subject to continued employment.
What does each Okta (OKTA) Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit (RSU) reported in the filing represents the right to receive one share of Okta’s Class A Common Stock upon vesting, as stated in the explanation of responses.
Is the Okta (OKTA) Form 4 filed by one or multiple reporting persons?
The Form 4 is indicated as being filed by one reporting person, who serves as Okta’s Chief Financial Officer and is identified as an officer of the issuer.