Choi Emilie 4

What Happened

• Emilie Choi, a director of Okta, converted 2,487 vested restricted stock units (RSUs) into shares on June 17, 2026 (reported as an "exercise/conversion" of a derivative, code M) and those 2,487 shares were reported as disposed the same day. The Form 4 also reports a grant of 2,080 RSUs to Choi on June 18, 2026 (code A). All reported transactions show a $0 per-share price on the filing (derivative/RSU activity).

Key Details

• Transaction dates: June 17, 2026 (conversion/exercise and disposition of 2,487 RSUs); June 18, 2026 (grant of 2,080 RSUs).
• Reported prices/values: $0.00 per share in the filing (typical for RSU conversion/grant entries on Form 4).
• Footnotes: F1—each RSU equals one share of Class A common stock; F2—the RSUs that converted/vested did so in full on June 17, 2026; F3—the 2,080 RSUs granted vest in full on the earlier of June 18, 2027 or immediately prior to the next regular annual meeting, subject to continued service.
• Shares owned after the transactions: not specified in the information provided.
• Filing timeliness: Form 4 was filed June 22, 2026, five calendar days after the June 17 transaction. Form 4s are generally due within two business days, so this filing appears to have been submitted late.

Context

• The "exercise/conversion" (code M) here reflects conversion of vested RSUs into shares; the simultaneous reported "disposition" at $0 often accompanies RSU settlement activity (e.g., net-share settlement or other non-cash transfers), but the filing does not state the specific reason for the disposition.
• The new 2,080 RSU award vests over roughly one year (subject to service), so it is a forward-looking equity grant rather than an immediate share purchase.