Okta (OKTA) President & COO Eric Kelleher Sells 2,549 Shares

What Happened
Eric Kelleher, President and Chief Operating Officer of Okta, sold 2,549 shares of Okta common stock in an open-market transaction on September 11, 2026. The reported weighted-average sale price was $168.55 per share, for total proceeds of approximately $429,643. This sale was effected pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: September 11, 2026; Filing date (Form 4): September 15, 2026 (filed within the typical 2-business-day window).
• Price: weighted average $168.55; individual trade prices ranged from $168.365 to $169.09 per share.
• Shares sold: 2,549; proceeds ≈ $429,643.
• Shares owned after transaction: not specified in the provided filing.
• Notable footnotes: (F1) sale executed under a 10b5-1 plan adopted June 12, 2026; (F2) weighted-average price with per-trade range and offer to provide detailed per-price quantities on request; (F3–F6) RSU definitions and vesting schedules noted in filing; (F7) certain options are fully vested and exercisable.
• Other: Exhibit 24 (Power of Attorney) referenced.

Context
Sales made under a Rule 10b5-1 plan are prearranged and commonly viewed as routine liquidity events rather than a direct signal about company prospects. The filing includes RSU vesting details and a note that some options are fully vested, but the Form 4 does not explicitly state which holdings were sold. No late filing indication appears based on the transaction and filing dates.