SAGAN PAUL 4
4 · Okta, Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Okta Director Paul Sagan Receives 2,080 RSU Award
What Happened Paul Sagan, a director of Okta, Inc. (OKTA), was granted 2,080 restricted stock units (RSUs) on 2026-06-18. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 per unit. Each RSU represents the right to receive one share of Okta Class A common stock upon vesting.
Key Details
- Transaction date and terms: Grant dated 2026-06-18; 2,080 RSUs acquired at $0.00 (derivative award).
- Vesting: RSUs vest in full on the earlier of June 18, 2027 or immediately prior to Okta’s next regular annual stockholder meeting, subject to Sagan’s continued service.
- Shares owned after transaction: Total post-transaction holdings are not specified in the provided Form 4 summary.
- Filing: The Form 4 was filed with an accession date of 2026-06-22 reporting the 2026-06-18 grant. No late-filing flag was indicated in the summary provided.
Context This was an equity award (not an open-market purchase or sale). RSUs are a common form of compensation that convert into shares at vesting (subject to service conditions) and do not represent an immediate cash purchase or sale by the insider. Such awards are routine director compensation and should be interpreted as granted compensation rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-18+2,080→ 2,080 total→ Class A Common Stock (2,080 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F2]The RSUs vest in full on the earlier of June 18, 2027 or the date immediately prior to the Issuer's next regular annual stockholder meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.