Kerrest Jacques Frederic 4

4 · Okta, Inc. · Filed Jun 22, 2026

AI-generated summary of this filing

Updated Jun 22, 2026

Okta (OKTA) Director Kerrest Gifts 6,800 Shares, Receives 2,080 RSUs

What Happened

Jacques Frederic Kerrest, a director of Okta, reported two transactions dated June 18, 2026: a gift of 6,800 shares of Class A common stock (code G) and an award/grant of 2,080 restricted stock units (RSUs) (code A). Both transactions show a reported price of $0.00 (no cash paid or received in the filing).

Key Details

Transaction dates: June 18, 2026 (reported on Form 4 filed June 22, 2026).
Gift: 6,800 shares of Class A Common Stock transferred by a Trust to the American Endowment Foundation FBO Kerrest Johnson Family Charitable Fund (donor-advised fund). (Footnote F2)
Award/Grant: 2,080 RSUs representing the right to receive 2,080 shares of Class A Common Stock (derivative grant). (Footnote F3)
RSU vesting: RSUs vest in full on the earlier of June 18, 2027 or immediately prior to the issuer’s next regular annual stockholder meeting, subject to continued service. (Footnote F4)
Shares owned after transaction: not specified in the information provided in this summary/filing.
Other notes from filing: Class B shares are convertible into Class A at holder option (F1). The filing also notes the reporting person has options that are fully vested and exercisable (F5), though no option exercise was reported here.
Filing timeliness: Form 4 was filed June 22, 2026 for a June 18 transaction — within the typical two-business-day SEC filing window (timely).

Context

Gifts (like donations to a donor-advised fund) are typically charitable and do not necessarily signal the insider’s view of the company’s shares. RSU grants are compensation/retention awards and are derivative (they convert to shares when they vest); they are not an immediate purchase of stock. The filing shows no cash purchase or sale and no exercise/sale of shares reported in this transaction set.

Form 4

Period: 2026-06-18

Director

Transactions

Gift
Class A Common Stock
[F2]
2026-06-18−6,800→ 0 total(indirect: By Trust)
Award
Restricted Stock Units
[F3][F4]
2026-06-18+2,080→ 2,080 total
→ Class A Common Stock (2,080 underlying)

Holdings

Class A Common Stock
7,123
Class B Common Stock
[F1]
(indirect: By Trust)
→ Class A Common Stock (837,187 underlying)
837,187
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)
[F5]
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (114,000 underlying)
114,000
Employee Stock Option (Right to Buy)
[F5]
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (71,547 underlying)
71,547
Employee Stock Option (Right to Buy)
[F5]
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (41,673 underlying)
41,673
Employee Stock Option (Right to Buy)
[F5]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (13,263 underlying)
13,263
Employee Stock Option (Right to Buy)
[F5]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (26,527 underlying)
26,527

Footnotes (5)

[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]The transaction reported involved a gift by the Trust of 6,800 shares of Class A Common Stock to the American Endowment Foundation FBO Kerrest Johnson Family Charitable Fund, a donor advised fund.
[F3]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
[F4]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.
[F5]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|2026-06-22

1 file