Director sells 2,500 Okta (OKTA) shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. director Shellye L. Archambeau reported an indirect open-market sale of 2,500 shares of Class A Common Stock at $85.00 per share on May 18, 2026. The shares are held through an LLC and the transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025. Following this sale, the filing shows Archambeau indirectly holding 9,192 Okta shares through the LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares ($212,500)
Net Sell
1 txn
Insider
ARCHAMBEAU SHELLYE L
Role
null
Sold
2,500 shs ($213K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,500 | $85.00 | $213K |
Holdings After Transaction:
Class A Common Stock — 9,192 shares (Indirect, By LLC)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,500 shares
Sale price per share: $85.00/share
Shares held after transaction: 9,192 shares
+1 more
4 metrics
Shares sold
2,500 shares
Class A Common Stock sold on May 18, 2026
Sale price per share
$85.00/share
Open-market transaction on May 18, 2026
Shares held after transaction
9,192 shares
Indirect holdings through LLC following the sale
Form type
Form 4
Insider transaction report for Okta, Inc.
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025."
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "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.
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By LLC""
FAQ
What insider transaction did Okta (OKTA) report for Shellye Archambeau?
Okta reported an indirect sale of 2,500 Class A shares by director Shellye L. Archambeau. The shares were sold at $85.00 each through an LLC, and the transaction was executed under a Rule 10b5-1 trading plan.
Was the Okta (OKTA) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was made under a Rule 10b5-1 trading plan. A footnote states the transaction was effected pursuant to a plan adopted by the reporting person on December 12, 2025, indicating it was pre-arranged rather than opportunistic.
Is the Okta (OKTA) insider transaction a direct or indirect holding change?
The transaction changes an indirect holding in Okta shares. The Form 4 identifies ownership as indirect, "By LLC," meaning the 2,500-share sale and the 9,192 shares remaining are held through an LLC associated with the director.