Okta (OKTA) officer exercises RSUs, 27,792 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. officer Larissa Schwartz reported multiple equity compensation transactions involving Restricted Stock Units (RSUs) that each convert into one share of Class A Common Stock. On March 15, 2026, she exercised RSUs covering 9,572 shares of Class A stock at a conversion price of $0.00 per share.
In connection with these vestings, a total of 27,792 shares of Class A Common Stock were disposed of to satisfy tax obligations, using share withholding rather than open‑market sales. After all exercises and tax withholdings, she directly holds 61,202 shares of Okta Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,572 shares exercised/converted
Mixed
13 txns
Insider
Schwartz Larissa
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 109 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,446 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,937 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,080 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 22,919 | $0.00 | -- |
| Exercise | Class A Common Stock | 109 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 56 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,446 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,263 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,937 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 986 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,080 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,568 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 56,503 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. The shares underlying the RSU fully vested on March 15, 2026. 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.
FAQ
What insider transactions did Larissa Schwartz report for Okta (OKTA)?
Larissa Schwartz reported RSU-related transactions that converted 9,572 Restricted Stock Units into Okta Class A Common Stock. These were routine equity compensation events tied to vesting, not open-market purchases or sales, and occurred on March 15, 2026.
Were there any open-market buys or sells by Larissa Schwartz in this Okta filing?
The transactions consist of RSU exercises (code M) and tax-withholding dispositions (code F) only. There are no open-market purchase (P) or sale (S) transactions reported, indicating these are primarily compensation and tax-related events.
What do the RSU vesting footnotes indicate for Okta (OKTA)?
The footnotes state each RSU equals one share of Class A Common Stock. Some RSU grants fully vested on March 15, 2026, while others began vesting at 8.33% on specified June dates, with remaining shares vesting in 11 equal quarterly installments, subject to continued employment.