Schellhase David 4

What Happened
David Schellhase, a director of Okta, purchased a total of 3,712 shares of OKTA in open-market transactions on April 16, 2026. The purchases consisted of 2,612 shares at a weighted average price of $71.86 (≈ $187,697) and 1,100 shares at a weighted average price of $72.46 (≈ $79,711), for a combined value of about $267,408. These were purchases (buys), which investors often view as a bullish signal, though the filing does not state the insider’s motivation.

Key Details

• Transaction date: 2026-04-16; Form 4 filed: 2026-04-20 (appears timely within required filing window).
• Lots: 2,612 shares @ $71.86 (≈ $187,697) and 1,100 shares @ $72.46 (≈ $79,711); total 3,712 shares ≈ $267,408.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (1) Trades were effected pursuant to a Rule 10b5-1 trading plan adopted January 15, 2026. (2) & (3) Reported prices are weighted averages; underlying trades occurred across price ranges ($71.31–$72.29 and $72.33–$72.80). The filer can provide per-price breakdowns on request.

Context
These were open-market purchases executed under a pre-established 10b5-1 plan, which schedules trades and can limit insider discretion about timing. No options exercises, awards, or gifts were reported in this filing. For retail investors, purchases by directors are often considered more informative than routine sales, but they should be viewed alongside other company and market information.