Okta executive reports RSU vesting and tax withholding
Okta, Inc. executive Eric Robert Kelleher reported compensation-related equity activity involving Restricted Stock Units (RSUs), stock options, and Class A common shares.
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Form Type
4
Rhea-AI Filing Summary
Okta, Inc. executive Eric Robert Kelleher reported compensation-related equity activity involving Restricted Stock Units (RSUs), stock options, and Class A common shares. RSUs representing 16,280 shares of Class A Common Stock were converted into shares, reflecting scheduled vesting under prior awards.
To cover tax obligations on these vestings, a total of 8,285 shares of Class A Common Stock were disposed of through tax-withholding transactions coded "F", which are not open‑market sales. The filing shows no open‑market buying or selling of shares, only option and RSU activity tied to compensation.
Insider Trade Summary
16,280 shares exercised/converted
Exercise
12 txns
Insider
Kelleher Eric Robert
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,842 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,280 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,158 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,842 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,464 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,280 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,687 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,158 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,134 | $0.00 | $0.00 |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 119,227 contracts (Direct);
Class A Common Stock — 23,465 shares (Direct);
Employee Stock Option (Right to Buy) — 22,334 contracts (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 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.
- F3. 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.
- F4. 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.
- F5. The shares subject to the option are fully vested and exercisable by the Reporting Person.
Key Figures
RSU shares converted: 16,280 shares
Shares withheld for taxes: 8,285 shares
Option underlying shares at $255.38: 12,587 shares
+5 more
8 metrics
RSU shares converted
16,280 shares
Total underlying Class A Common Stock from RSU conversions
Shares withheld for taxes
8,285 shares
Class A Common Stock disposed of under code F for tax liabilities
Option underlying shares at $255.38
12,587 shares
Fully vested employee stock option, expiration in 2031
Option underlying shares at $274.96
6,792 shares
Fully vested employee stock option, expiration in 2031
Option underlying shares at $211.86
2,955 shares
Fully vested employee stock option, expiration in 2030
RSU position after 6,158-share conversion
67,743 units
Restricted Stock Units remaining after one M-code RSU transaction
RSU position after 5,280-share conversion
36,959 units
Restricted Stock Units remaining after another M-code RSU transaction
RSU position after 4,842-share conversion
14,525 units
Restricted Stock Units remaining after third M-code RSU transaction
Key Terms
Restricted Stock Unit, tax-withholding disposition, Employee Stock Option (Right to Buy), derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Option (Right to Buy) financial
"The shares subject to the option are fully vested and exercisable by the Reporting Person."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested financial
"8.33% of the shares underlying the RSU vested on June 15, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Okta (OKTA) insider Eric Robert Kelleher report in this Form 4?
Eric Robert Kelleher reported equity compensation activity at Okta, Inc., including RSUs converting into shares and related tax-withholding. The transactions reflect scheduled vesting and derivative exercises, with no open‑market purchases or sales of Okta Class A Common Stock disclosed.
What stock options does Eric Robert Kelleher hold according to this Okta (OKTA) Form 4?
The filing lists fully vested employee stock options over 12,587 shares at $255.38, 6,792 shares at $274.96, and 2,955 shares at $211.86. Footnotes state these option shares are fully vested and exercisable by the reporting person, with expirations in 2030 and 2031.
Are the Okta (OKTA) transactions in this Form 4 routine compensation events?
The transactions consist of RSU conversions (code M), tax-withholding dispositions (code F), and holdings of vested options, all tied to equity compensation. With no open‑market buying or selling reported, they appear as routine vesting and tax-settlement activity rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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