Kerrest Jacques Frederic 4

4 · Okta, Inc. · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

Okta Director Kerrest Converts RSUs/Options to Class A Shares

What Happened

Kerrest Jacques Frederic, a director of Okta, converted and/or exercised derivative securities into 8,787 shares of Class A common stock (6,300 on 2026-06-15 and 2,487 on 2026-06-17). Each acquisition is reported at $0.00, indicating conversion/exercise or vesting rather than an open‑market purchase. Matching "disposed" entries reflect the termination/conversion of the underlying derivative instruments, not an open‑market sale of the issued shares.

Key Details

Transaction dates and amounts:
- 2026-06-15: Conversion of derivative security — 6,300 shares acquired at $0.00 (and 6,300 derivative units disposed).
- 2026-06-17: Exercise/conversion of derivative — 2,487 shares acquired at $0.00 (and 2,487 derivative units disposed).
Total shares acquired: 8,787; reported dollar value: $0 (no cash paid/received in these conversions).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Notable footnotes from the filing:
- F1: Class B common shares are convertible into Class A common shares at holder’s option with no expiration.
- F2: Each RSU represents the right to one Class A share.
- F3: The RSUs vested in full on June 17, 2026.
- F4: Option shares referenced are fully vested and exercisable by the reporting person.
Filing timeliness: No late filing was indicated in the information provided.

Context

These entries reflect conversions/vestings/exercises of derivative securities (converting Class B shares, vested RSUs, or exercising options) into Class A common stock. The paired "disposed" derivative entries represent the elimination of the derivative instruments upon conversion—this is routine and not an open‑market sale.
Such insider conversions or vesting events are common for equity compensation and do not by themselves signal a buy/sell opinion about the company.

Form 4

Period: 2026-06-15

Director

Transactions

Conversion
Class A Common Stock
[F1]
2026-06-15+6,300→ 6,800 total(indirect: By Trust)
Exercise/Conversion
Class A Common Stock
2026-06-17+2,487→ 7,123 total
Conversion
Class B Common Stock
[F1]
2026-06-15−6,300→ 837,187 total(indirect: By Trust)
→ Class A Common Stock (6,300 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-06-17−2,487→ 0 total
→ Class A Common Stock (2,487 underlying)

Holdings

Class B Common Stock
[F1]
(indirect: By Trust)
→ Class A Common Stock (88,776 underlying)
88,776
Class B Common Stock
[F1]
(indirect: By Trust)
→ Class A Common Stock (157,668 underlying)
157,668
Employee Stock Option (Right to Buy)
[F4]
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (114,000 underlying)
114,000
Employee Stock Option (Right to Buy)
[F4]
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (71,547 underlying)
71,547
Employee Stock Option (Right to Buy)
[F4]
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (41,673 underlying)
41,673
Employee Stock Option (Right to Buy)
[F4]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (13,263 underlying)
13,263
Employee Stock Option (Right to Buy)
[F4]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (26,527 underlying)
26,527

Footnotes (4)

[F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
[F2]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
[F3]The RSUs vested in full on June 17, 2026.
[F4]The shares subject to the option are fully vested and exercisable by the Reporting Person.

Signature

/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person|2026-06-17

1 file