Okta (OKTA) President & COO Eric Kelleher Sells Shares

What Happened
Eric Kelleher, President and Chief Operating Officer of Okta, sold a total of 6,395 shares of Okta common stock in open‑market transactions on September 18, 2026 for aggregate proceeds of approximately $1,174,000. The filings report the following individual sales: 1,495 shares @ $182.23 ($272,440); 3,244 shares @ $183.37 ($594,847); 956 shares @ $184.26 ($176,154); 300 shares @ $185.65 ($55,694); 300 shares @ $186.70 ($56,009); and 100 shares @ $188.56 ($18,856). These were sales (S), not purchases or option exercises.

Key Details

• Transaction date: September 18, 2026 (Form 4 filed Sept 22, 2026 — timely per reporting rules).
• Prices: reported as weighted averages; per footnotes the sales were executed in multiple trades with prices roughly ranging from about $181.70 to $188.56.
• Total shares sold: 6,395 for total proceeds of ~$1.17M.
• Shares owned after transaction: not stated in the excerpt provided (see the Form 4 for ending holdings).
• Notable footnotes: F1 indicates the sales were effected under a Rule 10b5‑1 trading plan adopted June 12, 2026. Other footnotes clarify weighted‑average pricing and vesting schedules for RSUs and that certain options are fully vested.

Context

• These were open‑market sales (code S) conducted under a pre‑existing 10b5‑1 plan, which typically sets up automatic trades in advance of trading windows. Sales are often routine monetization by executives and do not, by themselves, indicate company performance or insider sentiment.
• No option exercises or awards were reported in these transactions; footnotes reference vesting schedules for RSUs and that some options are fully vested.