Okta insider exercises 8,609 RSUs, withholds shares for tax
Okta, Inc. insider Larissa Schwartz reported routine equity compensation activity involving Restricted Stock Units (RSUs).
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Form Type
4
Rhea-AI Filing Summary
Okta, Inc. insider Larissa Schwartz reported routine equity compensation activity involving Restricted Stock Units (RSUs). On June 15, 2026, several RSU awards converted into Class A Common Stock, and part of the resulting shares was withheld to cover tax obligations.
The filing shows three derivative exercises converting a total of 8,609 RSUs into Class A shares, paired with three tax-withholding dispositions totaling 4,382 shares. These F-code transactions reflect shares delivered back to the issuer for taxes rather than open-market sales, and there are no open-market purchases or sales reported in this filing.
Insider Trade Summary
8,609 shares exercised/converted
Exercise
9 txns
Insider
Schwartz Larissa
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,937 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,080 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,592 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,937 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 986 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,080 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,568 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,592 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,828 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 66,887 contracts (Direct);
Class A Common Stock — 27,704 shares (Direct)
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 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.
Key Figures
RSUs exercised: 8,609 shares
Shares withheld for taxes: 4,382 shares
Exercise transactions: 3 transactions
+3 more
6 metrics
RSUs exercised
8,609 shares
Total RSUs converted into Class A Common Stock on June 15, 2026
Shares withheld for taxes
4,382 shares
Total F-code tax-withholding dispositions on June 15, 2026
Exercise transactions
3 transactions
Derivative exercises (code M) in transaction summary
Tax-withholding transactions
3 transactions
F-code dispositions used to pay exercise price or tax liability
Single RSU to share ratio
1 RSU : 1 share
Each RSU represents one share of Class A Common Stock
Initial vesting tranche
8.33%
Portion of RSU shares vesting on specified June 15 dates
Key Terms
Restricted Stock Unit ("RSU"), Class A Common Stock, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock."
Class A Common Stock financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
vesting financial
"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"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Okta (OKTA) report for Larissa Schwartz?
Okta reported that officer Larissa Schwartz had RSUs convert into Class A Common Stock and some of the resulting shares withheld for taxes. The Form 4 shows only derivative exercises and tax-withholding dispositions, with no open-market stock purchases or sales disclosed.
Were there any open-market buys or sells by Larissa Schwartz in Okta (OKTA)?
No open-market buys or sells are shown. All reported transactions are derivative exercises (M code) and tax-withholding dispositions (F code). The data fields confirm no transactions marked as open-market purchases or sales for the reported date.
What do the RSU vesting terms look like for Okta (OKTA) in this filing?
The footnotes state that 8.33% of the shares underlying each RSU award vested on June 15 of 2024, 2025, or 2026, with the remaining shares vesting in 11 equal quarterly installments, subject to continued employment with Okta on each vesting date.
What does one Restricted Stock Unit represent for Okta (OKTA)?
Each Okta Restricted Stock Unit represents the right to receive one share of Okta’s Class A Common Stock. When an RSU vests and is settled, it converts into the same number of common shares, which may then be partly withheld to cover related tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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