Okta CFO exercises RSUs; shares withheld for taxes
Okta, Inc. Chief Financial Officer Brett Tighe reported routine equity compensation activity involving Restricted Stock Units (RSUs) and related tax withholding.
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Rhea-AI Filing Summary
Okta, Inc. Chief Financial Officer Brett Tighe reported routine equity compensation activity involving Restricted Stock Units (RSUs) and related tax withholding. On June 15, 2026, he exercised RSUs to acquire a total of 12,012 shares of Class A Common Stock, with no open-market purchases or sales reported.
To cover tax obligations, 4,729 Class A shares were disposed of through issuer tax-withholding transactions coded "F" at a price of $0.00 per share, which are not market sales. Following these transactions, one direct Class A holding shows 122,029 shares, and he also has indirect holdings through a trust.
Derivatives data indicate continued exposure to Okta stock, including 69,046 shares of Class B Common Stock held indirectly that are convertible into Class A Common Stock on a one-for-one basis with no expiration date. Footnotes clarify that each RSU converts into one share of Class A stock and that RSU awards vest in quarterly installments, subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,874 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,520 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,618 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,874 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,525 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,520 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,386 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,618 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,818 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Class B Common Stock financial
derivative security financial
vesting financial
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