Okta (NASDAQ: OKTA) executive reports major performance-based stock awards

Rhea-AI Filing Summary

Okta, Inc. executive officer Larissa Schwartz reported equity compensation activity involving Class A Common Stock and restricted stock units. On February 25, 2026, she acquired 24,864, 7,747, and 12,319 shares of Class A Common Stock at a price of $0.00 per share through grants classified as awards or other acquisitions.

Footnotes explain these shares were earned from performance stock units granted in 2023, 2024, and 2025 after performance criteria were achieved, with vesting scheduled when service-based requirements are met on March 15, 2026. Additional footnotes describe restricted stock unit awards, each RSU representing one Class A share, with portions beginning to vest on June 15, 2022, June 15, 2023, June 15, 2024, and June 15, 2025, and the remaining shares vesting in equal quarterly installments subject to continued employment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schwartz Larissa

(Last) (First) (Middle)

100 FIRST STREET, SUITE 600

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Okta, Inc. [ OKTA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/25/2026		A		24,864(1)	A	$0	61,192(2)	D
Class A Common Stock	02/25/2026		A		7,747(3)	A	$0	68,939(4)	D
Class A Common Stock	02/25/2026		A		12,319(5)	A	$0	81,258(6)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(7)							(8)	(8)	Class A Common Stock	109		109	D
Restricted Stock Units	(7)							(9)	(9)	Class A Common Stock	4,446		4,446	D
Restricted Stock Units	(7)							(10)	(10)	Class A Common Stock	9,684		9,684	D
Restricted Stock Units	(7)							(11)	(11)	Class A Common Stock	27,720		27,720	D

Explanation of Responses:

1. On March 21, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 25, 2026, the Compensation Committee of the Board of Directors determined that 24,864 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2026.

2. Includes 24,864 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

3. On March 29, 2024, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 25, 2026, the Compensation Committee of the Board of Directors determined that 7,747 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2026.

4. Includes 32,611 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

5. On March 30, 2025, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria and to a service-based vesting criteria. On February 25, 2026, the Compensation Committee of the Board of Directors determined that 12,319 shares of the Issuer's Class A Common Stock were earned as result of the achievement of the performance criteria, with vesting to occur once the service-based vesting criteria are satisfied on March 15, 2026.

6. Includes 44,930 PSUs, with each PSU representing the right to receive one share of the Issuer's Class A Common Stock.

7. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.

8. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.

9. 8.33% of the shares underlying the RSU vested on June 15, 2023, 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.

10. 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.

11. 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.

Remarks:

Chief Legal Officer and Corporate Secretary

	/s/ Nathan Francis, attorney-in-fact of the Reporting Person	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Okta (OKTA) executive Larissa Schwartz report in this Form 4?

Larissa Schwartz reported equity awards in Okta stock, reflecting performance-based grants. She acquired three blocks of Class A Common Stock as awards and updated holdings in multiple restricted stock unit grants with defined vesting schedules tied to continued employment and earlier grant dates.

How many Okta (OKTA) Class A shares were awarded to Larissa Schwartz?

She was awarded 24,864, 7,747, and 12,319 shares of Okta Class A Common Stock. These awards were earned from performance stock units after performance criteria were achieved, with vesting scheduled once service-based conditions are met on March 15, 2026.

What are the performance stock units mentioned in the Okta (OKTA) filing?

The filing describes performance stock units granted in 2023, 2024, and 2025, each representing the right to receive one Okta Class A share. Shares were earned after performance targets were met, with vesting dependent on satisfying service conditions on March 15, 2026.

How do Larissa Schwartz’s Okta (OKTA) restricted stock units vest?

Each restricted stock unit represents one Okta Class A share. Portions began vesting on June 15 of 2022, 2023, 2024, and 2025, with the remaining shares vesting in equal quarterly installments, contingent on her continued employment with Okta on each vesting date.

Did Larissa Schwartz buy or sell Okta (OKTA) shares on the open market?

The transactions reported are classified as grants or awards at a price of $0.00 per share, not open-market purchases or sales. They reflect equity compensation earned through performance stock units and existing restricted stock unit vesting, rather than discretionary trading activity.