[Form 4] Okta, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okta, Inc. Chief Revenue Officer Jonathan James Addison reported compensation-related equity activity involving Restricted Stock Units (RSUs) and associated tax withholding. On June 15, 2026, he exercised derivative awards to acquire 12,741 shares of Class A Common Stock through four M-code transactions, each reflecting conversion of RSUs.
To cover tax obligations, he disposed of 6,617 shares through four F-code transactions classified as tax-withholding dispositions, not open-market sales. Footnotes explain that each RSU converts into one share of Class A stock and that these RSU grants vest 8.33% initially, with the remaining shares vesting in 11 equal quarterly installments, conditioned on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,741 shares exercised/converted
Mixed
12 txns
Insider
Addison Jonathan James
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,591 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,452 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,080 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,618 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,591 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,929 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,452 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 770 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,080 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,568 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,618 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,350 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,182 shares (Direct, null);
Class A Common Stock — 7,955 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. 8.33% of the shares underlying the RSU vested on March 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, 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. 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.
Key Figures
RSU-derived shares exercised: 12,741 shares
Shares withheld for taxes: 6,617 shares
Derivative exercises count: 4 transactions
+3 more
6 metrics
RSU-derived shares exercised
12,741 shares
Total exerciseShares across four M-code transactions
Shares withheld for taxes
6,617 shares
Total taxWithholdingShares across four F-code transactions
Derivative exercises count
4 transactions
exerciseCount of M-code entries
Tax-withholding transactions count
4 transactions
taxWithholdingCount of F-code entries
Initial RSU vesting portion
8.33%
Portion of RSU shares vesting on the initial date for each grant
Remaining vesting installments
11 quarterly installments
RSU vesting continues in equal quarterly tranches after initial vest
Key Terms
Restricted Stock Unit ("RSU"), tax-withholding disposition, derivative security, Class A Common Stock, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition", transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
Class A Common Stock financial
"Each Restricted Stock Unit ("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.
vesting financial
"the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
