Okta COO sells 6,395 shares at $181–$189 range
Rhea-AI Filing Summary
Okta, Inc. (OKTA) reported that President and Chief Operating Officer Eric Robert Kelleher sold 6,395 shares of Class A Common Stock on September 18, 2026 in a series of open-market transactions at weighted average prices ranging from about $181.70 to $188.56 per share, effected pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.
He continues to hold equity awards, including Restricted Stock Units tied to 9,684, 31,679 and 61,585 shares that vest quarterly after initial vesting dates in June 2024, June 2025 and June 2026, and fully vested employee stock options over 2,955, 6,792 and 12,587 shares at exercise prices between $211.86 and $274.96 expiring in 2030 and 2031.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 6,395 shares
Net Sell
12 txns
Insider
Kelleher Eric Robert
Role
See Remarks
Sold
6,395 shs ($1.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 1,495 | $182.2338 | $272K |
| Sale | Class A Common Stock F1, F3 | 3,244 | $183.3684 | $595K |
| Sale | Class A Common Stock F1, F4 | 956 | $184.2617 | $176K |
| Sale | Class A Common Stock F1, F5 | 300 | $185.6467 | $56K |
| Sale | Class A Common Stock F1, F6 | 300 | $186.6967 | $56K |
| Sale | Class A Common Stock F1 | 100 | $188.56 | $19K |
| holding | Restricted Stock Units F7, F8 | -- | -- | -- |
| holding | Restricted Stock Units F7, F9 | -- | -- | -- |
| holding | Restricted Stock Units F7, F10 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F11 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F11 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F11 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 18,668 shares (Direct);
Restricted Stock Units — 102,948 contracts (Direct);
Employee Stock Option (Right to Buy) — 22,334 contracts (Direct)
Footnotes (11)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.70 to $182.63 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.88 to $183.87 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.90 to $184.89 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.34 to $186.22 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.45 to $187.15 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. The shares subject to the option are fully vested and exercisable by the Reporting Person.
Key Figures
Shares sold: 6,395 shares
Sale price range: $181.70–$188.56 per share
Rule 10b5-1 plan adoption date: June 12, 2026
+5 more
8 metrics
Shares sold
6,395 shares
Total Class A Common Stock sold by Eric Kelleher on September 18, 2026
Sale price range
$181.70–$188.56 per share
Price ranges for multiple trades underlying the reported weighted average prices
Rule 10b5-1 plan adoption date
June 12, 2026
Date Eric Kelleher adopted the trading plan used for these sales
RSU underlying shares grant 1
9,684 shares
RSUs each representing one Okta Class A share, with initial vesting June 15, 2024
RSU underlying shares grant 2
31,679 shares
RSUs with initial vesting June 15, 2025 and quarterly vesting thereafter
RSU underlying shares grant 3
61,585 shares
RSUs with initial vesting June 15, 2026 and quarterly vesting thereafter
Stock option exercise prices
$211.86, $274.96, $255.38 per share
Exercise prices for fully vested employee stock options held by Eric Kelleher
Option expirations
September 21, 2030; April 21, 2031; September 22, 2031
Expiration dates of reported employee stock options
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Unit ("RSU"), weighted average price, Employee Stock Option (Right to Buy), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) ... underlying Security Title Class A"
continuous employment other
"thereafter, subject to the Reporting Person's continuous employment with the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Okta (OKTA) report for Eric Robert Kelleher?
Okta reported that President and COO Eric Robert Kelleher sold 6,395 shares of Class A Common Stock on September 18, 2026 in open-market transactions at weighted average prices between about $181.70 and $188.56 per share.
Was the OKTA insider sale by Eric Kelleher under a Rule 10b5-1 plan?
Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Eric Robert Kelleher on June 12, 2026, as disclosed in the footnotes.
What equity awards in Okta (OKTA) does Eric Kelleher continue to hold after these sales?
Eric Kelleher continues to hold RSUs covering 9,684, 31,679 and 61,585 Okta Class A shares, plus fully vested employee stock options over 2,955, 6,792 and 12,587 shares at exercise prices between $211.86 and $274.96.
How do Eric Kelleher’s Okta (OKTA) RSUs vest?
For each RSU grant, 8.33% of the underlying shares vested on June 15 of 2024, 2025 or 2026, respectively, with the remaining shares vesting in 11 equal quarterly installments, subject to his continuous employment on each vesting date.
Are Eric Kelleher’s Okta (OKTA) stock options currently exercisable?
Yes. Footnote F11 states that the shares subject to the reported employee stock options are fully vested and exercisable by Eric Kelleher. The options cover 2,955, 6,792 and 12,587 shares, expiring between 2030 and 2031.
AI-generated analysis. How Rhea-AI works. Not financial advice.
