Okta (NASDAQ: OKTA) CFO Brett Tighe sells 10,000 shares via plan stock
Rhea-AI Filing Summary
Okta Chief Financial Officer Brett Tighe reported an insider stock sale and updated equity holdings. On 01/13/2026, he sold 10,000 shares of Okta Class A Common Stock at a weighted average price of $95.0691 per share, in a transaction coded "S" for sale. The filing notes this sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on July 15, 2025.
Following the sale, Tighe beneficially owns 134,385 shares of Class A Common Stock directly, plus additional indirect and derivative interests. These include Class A shares held by a trust, multiple restricted stock unit awards covering 4,581, 6,298, 19,367 and 31,680 underlying Class A shares, and 69,046 shares of Class B Common Stock held by a trust, each Class B share being convertible into one Class A share with no expiration date.
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FAQ
What insider transaction did Okta (OKTA) disclose for Brett Tighe?
Okta disclosed that Chief Financial Officer Brett Tighe sold 10,000 shares of Class A Common Stock on 01/13/2026 in a transaction coded as a sale.
At what price did the Okta CFO sell his shares on 01/13/2026?
The 10,000 Okta Class A shares were sold at a weighted average price of $95.0691 per share, with individual trades ranging from $95.00 to $95.35.
Was the Okta CFO’s share sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by Brett Tighe on July 15, 2025.
How many Okta Class A shares does Brett Tighe own after the reported sale?
After the 10,000-share sale, Brett Tighe beneficially owns 134,385 shares of Okta Class A Common Stock directly, with additional indirect and derivative interests reported separately.
What restricted stock units (RSUs) does the Okta CFO hold according to the Form 4?
The Form 4 lists multiple RSU awards, each representing one future Class A share per unit. Reported balances include 4,581, 6,298, 19,367 and 31,680 RSUs, subject to quarterly vesting schedules tied to continued employment.
What Class B Okta shares are held indirectly by trust for Brett Tighe?
The filing reports 69,046 shares of Class B Common Stock held indirectly by a trust. Each Class B share is convertible into one Class A share at the holder’s option and has no expiration date.
How many Okta shares are reported as held indirectly by trust in Class A form?
In addition to his direct holdings, the filing shows 1,250 shares of Okta Class A Common Stock held indirectly by a trust.