Okta (OKTA) CFO Brett Tighe Converts RSUs — Net +7,283 Shares

What Happened
Brett Tighe, Chief Financial Officer of Okta, converted vested restricted stock units (RSUs) into 12,012 shares of Class A common stock on September 15, 2026. The filing shows 4,729 shares were withheld to satisfy tax withholding obligations, resulting in a net increase of 7,283 shares to his holdings. All conversions and withholdings were reported at $0.00 per share (no cash paid for conversion).

Key Details

• Transaction date: September 15, 2026; Form 4 filed September 17, 2026.
• Conversion (derivative exercise) totals: 3,873 + 3,520 + 4,619 = 12,012 shares.
• Tax withholding (shares disposed to cover taxes): 1,525 + 1,386 + 1,818 = 4,729 shares.
• Net shares acquired: 12,012 − 4,729 = 7,283 shares.
• Price: $0.00 per share (RSU conversion, not an open-market purchase).
• Footnotes: F1 confirms each RSU converts to one Class A share; F2–F4 describe the RSU vesting schedule (initial 8.33% vesting on prior dates with remaining shares vesting in quarterly installments); F5 notes Class B shares are convertible to Class A.
• Shares owned after the transaction: not specified in the filing.
• Filing timeliness: filed two days after the transactions (no late-filing flag shown).

Context
This is a routine RSU vesting and tax-withholding event (common for equity compensation). The conversions are derivative exercises of RSUs, and the withheld shares simply satisfy tax obligations—these are not open-market sales or purchases that necessarily signal a change in insider sentiment.