Tighe Brett 4
4 · Okta, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Okta CFO Brett Tighe Sells 65,000 Shares
What Happened
- Okta (OKTA) Chief Financial Officer Brett Tighe sold a total of 65,000 shares in open-market transactions on June 8, 2026. The sales were reported as three blocks: 28,548 shares at a weighted-average $116.67 ($3,330,570), 34,152 shares at $117.65 ($4,018,109), and 2,300 shares at $118.52 ($272,606). Total proceeds reported: approximately $7.62 million. These were sales (not purchases or option exercises).
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (appears filed timely).
- Lot 1: 28,548 shares, reported WA price $116.67; per footnote (F1) actual trade prices ranged $116.11–$117.10.
- Lot 2: 34,152 shares, reported WA price $117.65; per footnote (F2) actual prices ranged $117.11–$118.10.
- Lot 3: 2,300 shares, reported WA price $118.52; per footnote (F3) actual prices ranged $118.11–$119.00.
- Total sold: 65,000 shares for ~$7,621,285.
- Shares owned after transaction: not disclosed in this filing (not provided in the supplied details).
- Notable footnotes: F1–F3 explain weighted-average prices and per-trade price ranges; F4–F7 describe RSU definitions and vesting schedules; F8 notes Class B conversion rights. No 10b5‑1 plan or tax-withholding sale is identified in the provided text.
Context
- These were open-market sales, which are typically liquidity/diversification moves by insiders; such sales are common and do not by themselves indicate company performance. Purchases tend to be a stronger signal of insider confidence. The filing includes RSU vesting footnotes, but the Form does not specify the source of the shares sold (e.g., vested RSUs vs. previously owned shares).
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Tighe Brett
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1]2026-06-08$116.67/sh−28,548$3,330,570→ 156,132 total - Sale
Class A Common Stock
[F2]2026-06-08$117.65/sh−34,152$4,018,109→ 121,980 total - Sale
Class A Common Stock
[F3]2026-06-08$118.52/sh−2,300$272,606→ 119,680 total
Holdings
- 1,250(indirect: By Trust)
Class A Common Stock
- 15,494
Restricted Stock Units
[F4][F5]→ Class A Common Stock (15,494 underlying) - 28,160
Restricted Stock Units
[F4][F6]→ Class A Common Stock (28,160 underlying) - 55,426
Restricted Stock Units
[F4][F7]→ Class A Common Stock (55,426 underlying) - 69,046(indirect: By Trust)
Class B Common Stock
[F8]→ Class A Common Stock (69,046 underlying)
Footnotes (8)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.11 to $117.10 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.11 to $118.10 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.11 to $119.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
- [F5]8.33% of the shares underlying the RSU vested on June 15, 2024, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
- [F6]8.33% of the shares underlying the RSU vested on June 15, 2025, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
- [F7]8.33% of the shares underlying the RSU shall vest on June 15, 2026, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
- [F8]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.
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person|2026-06-10