Tighe Brett 4

What Happened

• Brett Tighe, Chief Financial Officer of Okta, reported the vesting and conversion of restricted stock units (RSUs) on March 15, 2026. The filing shows conversions (transaction code M) resulting in the acquisition of 18,272 shares of the issuer's common stock (4,581 + 6,298 + 3,873 + 3,520). To cover tax withholding obligations (transaction code F), a total of 32,775 shares were surrendered/withheld (25,500 + 1,885 + 2,479 + 1,525 + 1,386). All reported per-share amounts are $0.00 because these were RSU vesting/conversions rather than open-market purchases or option exercises for cash.

Key Details

• Transaction date(s): March 15, 2026 (reported on Form 4 filed March 17, 2026). Filing appears timely.
• Transaction codes: M = conversion of derivative/RSU into shares; F = payment of exercise price or tax liability via share withholding.
• Shares acquired via conversion: 18,272 shares (total).
• Shares disposed/withheld for taxes: 32,775 shares (total).
• Reported price/value: $0.00 per share on the Form 4 lines (typical for RSU vesting/conversion entries).
• Shares owned after the transaction: Not specified in the provided data.
• Relevant footnotes: F1–F2 confirm each RSU equals one share and that the underlying RSUs fully vested on March 15, 2026. F3–F4 describe prior vesting schedule; F5 notes Class B shares are convertible into Class A.

Context

• These transactions reflect RSU vesting and associated tax withholding, not an open-market buy or voluntary sale. Conversions (M) reflect issuance of shares upon RSU vesting; the F entries show shares withheld to satisfy tax obligations (a common, administrative step). Because amounts were withheld rather than sold in open-market trades, this is generally routine and does not by itself indicate a bullish or bearish signal.