Addison Jonathan James 4

What Happened
Addison Jonathan James, Chief Revenue Officer of Okta, sold a total of 23,304 shares of Okta common stock in open‑market transactions on March 25, 2026, generating approximately $1,812,756 in proceeds. The three reported disposals were: 6,782 shares at a weighted average price of $77.10 ($522,900), 12,322 shares at $77.87 ($959,513), and 4,200 shares at $78.65 ($330,343). These sales were reported on a Form 4 filed March 27, 2026.

Key Details

• Transaction date: March 25, 2026 (reported on Form 4 filed March 27, 2026). Filing appears timely (within the usual 2‑business‑day window).
• Transaction type/code: Open market sales (Code S). Total shares sold: 23,304; total proceeds ≈ $1,812,756.
• Price details / footnotes:
  • 6,782 shares — weighted avg $77.10; prices ranged $76.40–$77.38 (footnote F2).
  • 12,322 shares — weighted avg $77.87; prices ranged $77.41–$78.40 (footnote F3).
  • 4,200 shares — weighted avg $78.65; prices ranged $78.44–$79.08 (footnote F4).
  • All sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Dec 24, 2025 (footnote F1). The reporting person offers to provide detailed per‑price breakdowns on request.
• Shares owned after transaction: Not specified in the information provided in this summary/filing excerpt.
• Additional filing notes: The Form 4 includes RSU‑related footnotes (F5–F9) describing RSU definition and vesting schedules referenced in the filing.

Context

• These were routine open‑market sales executed under a pre‑arranged 10b5‑1 plan. Such sales typically follow a predetermined schedule and do not, by themselves, indicate the insider’s current view of the company.
• For retail investors, purchases usually carry more informational weight than routine sales; this filing documents disposition of existing shares rather than an acquisition.