ARCHAMBEAU SHELLYE L 4

What Happened
Shellye L. Archambeau, a director of Okta, sold 2,500 shares on May 18, 2026 at $85.00 per share for total proceeds of $212,500. The sale was reported on a Form 4 filed May 20, 2026 and was executed under a pre-established Rule 10b5‑1 trading plan.

Key Details

• Transaction date: May 18, 2026
• Price: $85.00 per share
• Shares sold: 2,500 — proceeds $212,500
• Transaction code: S (Sale); described as open‑market/private sale in the filing
• Footnote: Effected pursuant to a Rule 10b5‑1 trading plan adopted December 12, 2025 (F1)
• Shares owned after transaction: Not disclosed in the provided summary of the filing
• Filing timeliness: Form 4 filed May 20, 2026 — appears timely (within standard reporting window)

Context
Sales executed under a Rule 10b5‑1 plan are typically pre-scheduled and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases tend to be a stronger signal than routine sales by directors. This transaction was a straightforward sale, not an option exercise, gift, or new award.