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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $95.0691 | $951K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 15, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.35 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 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. 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. 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. 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. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
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.
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.