BERNSHTEYN ROBERT 4
Research Summary
AI-generated summary
Okta (OKTA) Director Robert Bernshteyn Receives RSU Award
What Happened
Robert Bernshteyn, a director of Okta, was granted 2,080 restricted stock units (RSUs) on June 18, 2026. The grant is reported as an award/derivative (Form 4 code A) at $0.00 per unit (no cash exchanged at grant). Each RSU represents the right to receive one share of Okta Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-18; Filing date: 2026-06-22 (Form 4 accession 0001628280-26-044757).
- Grant: 2,080 RSUs; grant price reported $0.00 per unit (award/derivative).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — each RSU = right to one share. F2 — RSUs vest in full on the earlier of June 18, 2027 or the day before the issuer's next regular annual stockholder meeting, subject to Bernshteyn's continued service through the vesting date.
- Transaction type: Award (A). No 10b5-1, tax withholding, or cashless sale noted in this filing.
Context
This was an equity award (RSUs), not an open-market purchase or sale. RSU grants compensate and retain executives or directors and do not by themselves indicate a buy or sell signal until shares vest and are sold. The award will convert to common shares only if and when the RSUs vest per the stated schedule.