Kelleher Eric Robert 4
4 · Okta, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Okta (OKTA) President Eric Kelleher Sells 3,977 Shares
What Happened
- Eric Kelleher, President and Chief Operating Officer of Okta, sold a total of 3,977 shares of Okta common stock in open-market transactions on June 18, 2026. The sales were executed in seven tranches at prices between $107.97 and $118.49 per share, for aggregate proceeds of $453,769. According to the filing, these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted April 15, 2025. These were sales (routine disposition), not purchases.
Key Details
- Transaction date: June 18, 2026 (filed with SEC on June 23, 2026; filing was 1 business day late).
- Sales (by tranche):
- 200 shares @ $107.97 = $21,595
- 400 shares @ $109.00 = $43,602
- 1,000 shares @ $111.05 = $111,047
- 300 shares @ $112.15 = $33,644
- 200 shares @ $115.33 = $23,067
- 1,777 shares @ $117.59 = $208,965
- 100 shares @ $118.49 = $11,849
- Total: 3,977 shares sold for $453,769 in proceeds.
- Weighted-average price notes: the filing includes weighted-average prices and price ranges for several tranches (ranges reported in footnotes).
- Shares owned after transaction: not specified in the provided data.
- Notable footnotes: transaction reported as pursuant to a Rule 10b5-1 trading plan (F1); filing details include RSU vesting schedules and that certain options are fully vested (F9–F13, F13).
Context
- A Rule 10b5-1 trading plan is a pre-arranged program that allows insiders to sell shares according to a preset schedule; trades under such plans are generally considered routine and may be less indicative of insider sentiment than ad-hoc sales. The filing shows disposals only—no purchases or option exercises reported here. The late filing reduces timely transparency but does not itself indicate impropriety.
Insider Transaction Report
Form 4
Okta, Inc.OKTA
Kelleher Eric Robert
See Remarks
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-06-18$107.97/sh−200$21,595→ 23,395 total - Sale
Class A Common Stock
[F1][F4][F3]2026-06-18$109.00/sh−400$43,602→ 22,995 total - Sale
Class A Common Stock
[F1][F5][F3]2026-06-18$111.05/sh−1,000$111,047→ 21,995 total - Sale
Class A Common Stock
[F1][F6][F3]2026-06-18$112.15/sh−300$33,644→ 21,695 total - Sale
Class A Common Stock
[F1][F7][F3]2026-06-18$115.33/sh−200$23,067→ 21,495 total - Sale
Class A Common Stock
[F1][F8][F3]2026-06-18$117.59/sh−1,777$208,965→ 19,718 total - Sale
Class A Common Stock
[F1][F3]2026-06-18$118.49/sh−100$11,849→ 19,618 total
Holdings
- 14,525
Restricted Stock Units
[F9][F10]→ Class A Common Stock (14,525 underlying) - 36,959
Restricted Stock Units
[F9][F11]→ Class A Common Stock (36,959 underlying) - 67,743
Restricted Stock Units
[F9][F12]→ Class A Common Stock (67,743 underlying) - 2,955
Employee Stock Option (Right to Buy)
[F13]Exercise: $211.86Exp: 2030-09-21→ Class A Common Stock (2,955 underlying) - 6,792
Employee Stock Option (Right to Buy)
[F13]Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (6,792 underlying) - 12,587
Employee Stock Option (Right to Buy)
[F13]Exercise: $255.38Exp: 2031-09-22→ Class A Common Stock (12,587 underlying)
Footnotes (13)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2025.
- [F10]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.
- [F11]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.
- [F12]8.33% of the shares underlying the RSU vested 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.
- [F13]The shares subject to the option are fully vested and exercisable by the Reporting Person.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.54 to $108.41 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.
- [F3]Includes 130 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.80 to $109.53 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.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.70 to $111.54 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.935 to $112.38 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.17 to $115.50 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.
- [F8]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 $118.07 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.
- [F9]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
Signature
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person|2026-06-23