Okta (OKTA) director Dixon acquires 2,487 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. director Robert L. Dixon Jr. reported the vesting and settlement of 2,487 Restricted Stock Units (RSUs), which converted into the same number of shares of Class A Common Stock. Each RSU represents one share, and the RSUs vested in full on June 17, 2026. Following this transaction, Dixon directly holds 13,956 shares of Okta Class A Common Stock. The filing shows an equity award vesting and derivative exercise, with no open-market buying or selling reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,487 shares exercised/converted
Mixed
2 txns
Insider
Dixon Robert L JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,487 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,487 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 13,956 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs vested in full on June 17, 2026.
Key Figures
RSUs vested and converted: 2,487 shares
Shares held after transaction: 13,956 shares
Derivative exercises: 1 transaction
+1 more
4 metrics
RSUs vested and converted
2,487 shares
Restricted Stock Units converting into Class A Common Stock on June 17, 2026
Shares held after transaction
13,956 shares
Director’s direct Class A Common Stock holdings following RSU conversion
Derivative exercises
1 transaction
Exercise or conversion of derivative security recorded in transaction summary
Shares exercised
2,487 shares
ExerciseShares in transactionSummary for RSU conversion
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, Form 4
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
"Each RSU represents the right to 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Okta (OKTA) director Robert L. Dixon Jr. report in this Form 4?
He reported the vesting and settlement of 2,487 Restricted Stock Units into 2,487 shares of Okta Class A Common Stock. This reflects an equity award conversion, not an open-market stock purchase or sale.
Were there any open-market buys or sells in this Okta (OKTA) Form 4?
No open-market purchases or sales were reported. The Form 4 shows an exercise/conversion of 2,487 Restricted Stock Units into shares, which is a compensation-related equity award event rather than a market trade.
When did the reported Restricted Stock Units for Okta (OKTA) vest?
The Restricted Stock Units vested in full on June 17, 2026. On that date, the 2,487 RSUs converted into an equal number of Okta Class A Common Stock shares for the reporting director.