Kelleher Eric Robert 4

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.