OKTA insider report: RSU vesting and exercisable options for President & COO
Rhea-AI Filing Summary
Okta insider filing: Eric Robert Kelleher, President and Chief Operating Officer of Okta, reported multiple equity transactions dated 09/15/2025. Several Restricted Stock Units (RSUs) vested on that date and were converted into Class A common stock (transactions show acquisitions of 385, 1,188, 9,952, 4,842 and 5,280 Class A shares). The filing also shows contemporaneous dispositions listed with code F for portions of those holdings. The report lists outstanding employee stock options exercisable for Class A and Class B shares with strike prices ranging from $8.97 to $274.96 and various expiration dates, and notes certain options are fully vested and exercisable.
Positive
- Executive equity alignment: Multiple RSUs vested and converted to Class A common stock, indicating compensation realization tied to service.
- Clear exercisable option positions: Employee stock options with defined strike prices and expirations are disclosed, some fully vested and exercisable.
Negative
- Insider dispositions reported: Several transactions coded F indicate portions of holdings were disposed of on the same date as vesting.
- No context on proceeds or purpose of dispositions: Filing does not state whether dispositions were sales for tax withholding, diversification, or other reasons.
Insights
TL;DR: Routine executive vesting and option holdings with some sales—primarily a disclosure of compensation realization, not a company operational event.
The Form 4 documents multiple RSU vestings converted into Class A common shares and several reported dispositions on 09/15/2025 by Okta's President and COO. The filing quantifies share movements and lists exercisable employee stock options with strike prices from $8.97 to $274.96 and expirations through 2031. From an investor perspective, these entries reflect executive compensation monetization and existing option exposure rather than new operational developments. No financial performance metrics or forward-looking statements are included.
TL;DR: Disclosure complies with Section 16 reporting; shows vesting schedule realization and retained option positions.
The filing discloses that multiple RSUs vested on 09/15/2025 and were settled into Class A shares, and it documents contemporaneous dispositions (code F). The explanatory notes confirm standard vesting schedules and that certain options are fully vested and exercisable. This is a routine insider disclosure that confirms the reporting person's continued relationship to the company and current equity incentive status. The filing contains no indications of unusual governance events or regulatory issues.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 385 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,188 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,952 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,842 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,280 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 385 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 196 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,188 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 604 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,952 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,054 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,842 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,459 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,280 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,682 | $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) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (7)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. The shares underlying the RSU fully vested on September 15, 2025.
- 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.
- F7. The shares subject to the option are fully vested and exercisable by the Reporting Person.
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