Okta CRO receives 55,426 RSUs as equity award
Addison Jonathan James reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Addison Jonathan James reported acquisition or exercise transactions in this Form 4 filing.
Okta, Inc. Chief Revenue Officer Jonathan James Addison received a grant of 55,426 Restricted Stock Units on Class A Common Stock as equity compensation. Each RSU represents one share, with 8.33% scheduled to vest on June 15, 2026 and the rest in 11 equal quarterly installments, subject to continued employment. The filing also shows previously granted RSUs covering 10,773, 5,810 and 24,640 underlying shares and a direct holding of 27,668 Class A Common shares, indicating a continuing, largely equity-based compensation position rather than any open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 55,426 shares
Grant/Award
5 txns
Insider
Addison Jonathan James
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 55,426 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 96,649 contracts for 41,223 underlying shares (Direct);
Class A Common Stock — 27,668 shares (Direct)
Footnotes (5)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. 8.33% of the shares underlying the RSU shall vest 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.
- F3. 8.33% of the shares underlying the RSU vested on March 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.
- F4. 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.
- F5. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Okta (OKTA) Chief Revenue Officer Jonathan Addison report in this Form 4?
Jonathan Addison reported an equity compensation grant of 55,426 Restricted Stock Units tied to Okta Class A Common Stock. The filing also lists his existing RSU awards and 27,668 directly held Class A shares, with no open-market purchases or sales disclosed.
What type of securities were granted to Okta (OKTA) CRO Jonathan Addison?
He received 55,426 Restricted Stock Units, each representing one share of Okta’s Class A Common Stock. RSUs are stock-based compensation that convert into shares over time as they vest, aligning executive pay with longer-term shareholder value and company performance.
How will Jonathan Addison’s new Okta (OKTA) RSU grant vest over time?
For this 55,426-unit RSU award, 8.33% of the shares are scheduled to vest on June 15, 2026. The remaining shares then vest in 11 equal quarterly installments, provided he remains continuously employed by Okta on each scheduled vesting date.
What prior RSU awards for Okta (OKTA) CRO Jonathan Addison are referenced?
Footnotes describe earlier RSU grants where 8.33% vested on March 15, 2024, June 15, 2024, and June 15, 2025. For each, the remaining shares vest in 11 equal quarterly installments, contingent on his continuous employment with Okta on those vesting dates.
Does the Okta (OKTA) Form 4 show any stock purchases or sales by Jonathan Addison?
The Form 4 does not show any open-market stock purchases or sales by Jonathan Addison. It primarily records an RSU grant and lists existing RSU positions and 27,668 directly held Class A Common shares as of the reported date.
What ongoing equity positions in Okta (OKTA) does Jonathan Addison hold after this filing?
After the reported transactions, he holds multiple RSU awards linked to 10,773, 5,810 and 24,640 underlying Okta Class A shares, plus 27,668 directly owned Class A Common shares. These positions reflect a meaningful, continuing equity stake tied to company performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
