Tighe Brett 4

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).