Okta Inc SEC Filings

Okta, Inc. (OKTA) reporting person Jonathan James Addison, Chief Revenue Officer, disclosed multiple transactions on 09/15/2025 involving Class A common stock and restricted stock units (RSUs). The filing records a series of RSU vesting events converted into shares and related dispositions, with incremental increases and decreases in reported beneficial ownership across several line items. After the reported transactions, the largest single beneficial ownership figure shown is 30,800 shares attributable to underlying RSUs in Table II, and the filings show a sequence of vested RSUs that convert one-for-one into Class A shares subject to continued employment vesting schedules.

Form 144 notice for proposed sale of 3,348 Okta, Inc. (OKTA) common shares. The filing shows the shares were acquired as restricted stock units on 09/15/2025 and are to be sold through Morgan Stanley Smith Barney LLC on or about 09/17/2025 on NASDAQ. The reported aggregate market value of the proposed sale is $301,052.16 and Okta's shares outstanding are listed as 168,459,019. The filer also reported prior 10b5-1 sales of 2,244 shares on 06/20/2025 with gross proceeds of $224,400.00. Certain issuer identification fields in the top section are blank in the provided extract.

Okta, Inc. disclosed that several current and former officers and directors are defendants in multiple stockholder derivative lawsuits collectively called the "Derivative Actions." The board also received related stockholder litigation demands. On June 26, 2025, the parties entered into a Stipulation and Agreement of Settlement to resolve the Derivative Matters. The proposed settlement was filed July 1, 2025, and on August 18, 2025, the U.S. District Court for the Northern District of California gave preliminary approval and scheduled a final approval hearing for October 24, 2025, at 10:00 a.m. PST by videoconference. Exhibits include the Stipulation and a Notice of Pendency and Proposed Settlement.

Emilie Choi, a Director of Okta, Inc. (OKTA), reported that 1,213 Restricted Stock Units (RSUs) vested on August 19, 2025. Each RSU converts into one share of Class A Common Stock and the vesting resulted in acquisition of 1,213 shares at a $0 price. Following the reported transaction, the filing shows 9,288 shares of Class A Common Stock beneficially owned by the reporting person. The Form 4 was filed individually and signed by an attorney-in-fact on behalf of the reporting person.

Mary Agnes Wilderotter, a director of Okta, Inc. (OKTA), was awarded 5,826 Restricted Stock Units (RSUs) in a transaction dated 08/13/2025. Each RSU converts into one share of Class A Common Stock. Following the grant, the Reporting Person beneficially owns 5,826 shares on a direct basis. The RSUs vest over three years: 33-1/3% on August 13, 2026 with the remainder vesting in two equal annual installments thereafter, subject to continued service. The Form 4 was signed by an attorney-in-fact, Larissa Schwartz, on 08/15/2025.

Okta director David Schellhase received a grant of 5,826 Restricted Stock Units (RSUs) on August 13, 2025. Each RSU converts to one share of Class A Common Stock and the award is valued at $0 per unit as RSUs (not an immediate cash or stock sale). After the grant, the Reporting Person beneficially owns 5,826 shares directly. The RSUs vest 33-1/3% on August 13, 2026, with the remainder vesting in two equal annual installments thereafter, subject to continued service.

Mary Agnes Wilderotter filed an initial Form 3 reporting beneficial ownership in Okta, Inc. (OKTA). The filing, executed by attorney-in-fact Larissa Schwartz on 08/14/2025, shows 16,839 shares of Class A common stock held indirectly through a trust. The form identifies her relationship to the issuer as a director and is a single-person filing. No derivative securities or additional holdings were reported on this Form 3.

David Schellhase, identified as a Director of Okta, Inc. (OKTA), submitted an initial Form 3 reporting the event dated 08/13/2025. The filing states that the reporting person does not beneficially own any securities of the issuer. The Form 3 was signed on behalf of Mr. Schellhase by an attorney-in-fact, Larissa Schwartz, on 08/14/2025.