Dixon Robert L JR 4

What Happened

• Robert L. Dixon Jr., a director of Okta, experienced an exercise/conversion of a derivative (Form 4 transaction code M) on June 17, 2026: 2,487 restricted stock units (RSUs) vested and converted into 2,487 shares of Okta Class A common stock. The filing records an acquisition of 2,487 shares at $0.00 and a corresponding disposition of 2,487 derivative units at $0.00 (reflecting conversion of the RSU into shares). No cash purchase or open-market sale was reported.

Key Details

• Transaction date: June 17, 2026; Form 4 filed: June 22, 2026 (filed after the transaction; appears to be later than the 2-business-day Form 4 deadline).
• Shares acquired: 2,487; Price reported: $0.00; Dollar value shown on form: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — Each RSU equals the right to one share of Class A common stock. F2 — The RSUs vested in full on June 17, 2026.
• Transaction code: M = exercise or conversion of derivative (here, RSU conversion). No 10b5‑1 plan, tax withholding, or cash sale reported in the provided entries.

Context

• This was a routine equity award vesting/conversion rather than a market purchase or sale; such conversions are common compensation events and do not by themselves signal a buy/sell decision. The filing’s later date may be a minor compliance tardiness but does not change the substance: RSUs vested and converted into shares.