Okta grants 43,109 RSUs to Larissa Schwartz
Schwartz Larissa reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Schwartz Larissa reported acquisition or exercise transactions in this Form 4 filing.
Okta, Inc. reported that officer Larissa Schwartz received a grant of 43,109 Restricted Stock Units (RSUs) on Class A Common Stock. Each RSU represents one share of Class A Common Stock.
According to the vesting schedule, 8.33% of the shares underlying this RSU grant will vest on June 15, 2026, with the remaining shares vesting in 11 equal quarterly installments thereafter, contingent on her continued employment. The filing also shows other outstanding RSU awards covering 7,747 and 24,640 underlying shares, and a direct holding of 61,202 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 43,109 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- 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 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.
- F4. 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 Okta (OKTA) report for Larissa Schwartz?
How do the new RSUs for Okta (OKTA) vest for Larissa Schwartz?
What does each RSU granted to Larissa Schwartz by Okta (OKTA) represent?
What other RSU awards does Larissa Schwartz hold at Okta (OKTA)?
Is the Okta (OKTA) Form 4 for Larissa Schwartz a stock sale or a compensation grant?
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