Okta CFO sells 80,000 shares around $160
Okta’s CFO Brett Tighe converted Class B to Class A shares and, under a Rule 10b5-1 plan, sold 80,000 Class A shares in multiple transactions.
Rhea-AI Filing Summary
Okta, Inc. (OKTA) reported that Chief Financial Officer Brett Tighe converted 41,251 shares of Class B Common Stock held by a trust into the same number of Class A shares on September 2, 2026. On the same date, entities associated with him sold a net 80,000 Class A shares, both indirectly through a trust and directly, at weighted-average prices generally between the high $150s and mid $160s per share. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted on April 8, 2026. Tighe also continues to hold multiple blocks of Restricted Stock Units that can settle into Class A shares over time, subject to continued employment and scheduled vesting.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 41,251 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 41,251 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 12,352 | $161.0481 | $1.99M |
| Sale | Class A Common Stock F2, F4 | 13,100 | $162.3172 | $2.13M |
| Sale | Class A Common Stock F2, F5 | 10,799 | $162.981 | $1.76M |
| Sale | Class A Common Stock F2, F6 | 2,500 | $164.0376 | $410K |
| Sale | Class A Common Stock F2, F7 | 900 | $165.1956 | $149K |
| Sale | Class A Common Stock F2, F8 | 1,000 | $166.205 | $166K |
| Sale | Class A Common Stock F2, F9 | 600 | $167.0867 | $100K |
| Sale | Class A Common Stock F2, F10, F11 | 14,339 | $158.51 | $2.27M |
| Sale | Class A Common Stock F2, F12, F11 | 10,194 | $159.4207 | $1.63M |
| Sale | Class A Common Stock F2, F13, F11 | 14,216 | $160.2827 | $2.28M |
| holding | Restricted Stock Units F14, F15 | -- | -- | -- |
| holding | Restricted Stock Units F14, F16 | -- | -- | -- |
| holding | Restricted Stock Units F14, F17 | -- | -- | -- |
Footnotes (17)
- F1. 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.
- F2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 8, 2026.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.65 to $161.58 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.68 to $162.67 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 $162.68 to $163.64 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 $163.77 to $164.61 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 $164.78 to $165.32 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 $165.84 to $166.63 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.05 to $167.27 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.
- F10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.87 to $158.86 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.
- F11. Includes 275 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
- F12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.88 to $159.87 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.
- F13. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.88 to $160.65 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.
- F14. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F15. 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.
- F16. 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.
- F17. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Restricted Stock Unit ("RSU") financial
weighted average price financial
Section 423 Employee Stock Purchase Plan regulatory
Class B Common Stock financial
FAQ
What insider transactions did Okta (OKTA) report for CFO Brett Tighe on September 2, 2026?
Was the Okta (OKTA) CFO’s September 2, 2026 stock sale under a Rule 10b5-1 plan?
What Okta (OKTA) equity awards does the CFO still hold after these transactions?
Are any of the Okta (OKTA) CFO’s transactions indirect through a trust?
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