Okta legal chief sells 1,836 shares in plan trade
Okta, Inc. insider Larissa Schwartz, the Chief Legal Officer and Corporate Secretary, reported a planned share sale.
Rhea-AI Filing Summary
Okta, Inc. insider Larissa Schwartz, the Chief Legal Officer and Corporate Secretary, reported a planned share sale. On 02/06/2026, she sold 1,836 shares of Class A Common Stock at $83.47 per share under a Rule 10b5-1 trading plan adopted on July 03, 2025, leaving 36,328 shares of common stock directly owned.
She also reported multiple outstanding Restricted Stock Unit awards, each RSU representing one share of Class A Common Stock. These RSUs, totaling several grants with different vesting schedules beginning on June 15, 2022, June 15, 2023, June 15, 2024, and June 15, 2025, continue to vest in equal quarterly installments subject to her continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,836 | $83.47 | $153K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (6)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 03, 2025.
- F2. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F3. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 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, 2023, 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, 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.
- F6. 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
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What insider transaction did Larissa Schwartz report at Okta (OKTA)?
Was the Okta (OKTA) insider sale by Larissa Schwartz pre-planned?
What is Larissa Schwartz’s role at Okta (OKTA) according to this Form 4?
What Restricted Stock Units (RSUs) are reported for Larissa Schwartz at Okta?
How do Larissa Schwartz’s Okta RSUs vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.