Okta (NASDAQ: OKTA) director adds 1,942 shares on RSU vesting
Rhea-AI Filing Summary
Okta, Inc. director David Schellhase reported the exercise of 1,942 Restricted Stock Units on August 13, 2026, converting them into 1,942 shares of Class A Common Stock. Following these transactions, he directly holds 5,654 shares of Class A Common Stock and 3,884 RSUs, with remaining RSUs vesting annually over two years.
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Insider Trade Summary
Net Buyer: 1,942 shares
Net Buy
2 txns
Insider
Schellhase David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,942 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,942 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,884 shares (Direct);
Class A Common Stock — 5,654 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. 33-1/3% of the shares underlying the RSU vested on August 13, 2026, and the remaining shares underlying the RSU shall vest in 2 equal annual installments thereafter, subject to the Reporting Person's continued service with the Issuer on each such date.
Key Figures
RSUs Exercised: 1,942 units
Shares Acquired via RSU Conversion: 1,942 shares
Post-transaction Common Shares: 5,654 shares
+3 more
6 metrics
RSUs Exercised
1,942 units
Restricted Stock Units converted to Class A Common Stock on August 13, 2026
Shares Acquired via RSU Conversion
1,942 shares
Class A Common Stock received upon RSU exercise on August 13, 2026
Post-transaction Common Shares
5,654 shares
Directly held Class A Common Stock after the August 13, 2026 transactions
Remaining RSUs
3,884 units
Restricted Stock Units held after the reported RSU exercise
RSU Vesting Portion
33-1/3%
Portion of RSU shares that vested on August 13, 2026
Vesting Installments Remaining
2 annual installments
Remaining RSU vesting schedule, subject to continued service
Key Terms
Restricted Stock Units, Class A Common Stock, vested, Reporting Person
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"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.
vested financial
"33-1/3% of the shares underlying the RSU vested on August 13, 2026"
Reporting Person financial
"subject to the Reporting Person's continued service with the Issuer"
FAQ
What transactions did Okta (OKTA) director David Schellhase report on this Form 4?
David Schellhase reported exercising 1,942 Restricted Stock Units on August 13, 2026, which converted into 1,942 shares of Class A Common Stock. These transactions reflect routine equity compensation vesting and exercise activity.
What happens to the remaining Restricted Stock Units reported by Okta (OKTA) director David Schellhase?
After the conversion, David Schellhase has 3,884 Restricted Stock Units remaining. The filing states that 33-1/3% vested on August 13, 2026, with the remaining RSUs vesting in two equal annual installments, subject to continued service.
What does the vesting schedule in David Schellhase’s Okta (OKTA) RSUs indicate?
The vesting schedule states that 33-1/3% of shares underlying the RSU vested on August 13, 2026. The remaining shares vest in two equal annual installments, contingent on Schellhase’s continued service with Okta on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
