Schwartz Larissa 4

What Happened

• Larissa Schwartz, Okta's Chief Legal Officer and Corporate Secretary, sold 1,836 shares of OKTA on Feb 6, 2026 at $83.47 per share, for total proceeds of $153,251. The transaction is reported as a sale (code S).

Key Details

• Transaction date and price: Feb 6, 2026 — 1,836 shares at $83.47 each.
• Total value: $153,251 (proceeds from the sale).
• Filing date: Feb 10, 2026 — filed within the required reporting window (timely).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes of note:
  • F1: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Schwartz on July 3, 2025.
  • F2–F6: The filing describes the underlying shares as RSUs (one RSU = one share) with staged vesting schedules from 2022–2025 and subsequent quarterly installments; the sold shares likely originated from vested RSUs.

Context

• A 10b5-1 plan indicates the sale was made under a pre-established trading arrangement, which is commonly used by insiders to execute planned sales and reduce timing concerns; it does not by itself indicate the insider's view of the company's prospects.
• Sales of vested RSUs are routine for liquidity or tax purposes; retail investors should view this as a routine insider disposition rather than a definitive signal about company performance.