Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Okta, Inc. Director's Dealing 2025

Mar 24, 2025

30365_dirs_2025-03-24_2a11680b-874c-403f-a4c6-4712f5f67374.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Okta, Inc. (OKTA)
CIK: 0001660134
Period of Report: 2025-03-20

Reporting Person: McKinnon Todd (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-20 Class A Common Stock C 224533 Acquired 269840 Direct
2025-03-20 Class A Common Stock S 57366 $112.2644 Disposed 212474 Direct
2025-03-20 Class A Common Stock S 91731 $113.1378 Disposed 120743 Direct
2025-03-20 Class A Common Stock S 81050 $114.0565 Disposed 39693 Direct
2025-03-20 Class A Common Stock S 4142 $114.7287 Disposed 35551 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-20 Employee Stock Option (Right to Buy) $8.97 M 390533 Disposed 2026-07-29 Class B Common Stock (390533) Direct
2025-03-20 Class B Common Stock $ M 390533 Acquired Class A Common Stock (390533) Direct
2025-03-20 Class B Common Stock $ C 224533 Disposed Class A Common Stock (224533) Direct
2025-03-20 Class B Common Stock $ G 166000 Disposed Class A Common Stock (166000) Direct
2025-03-20 Class B Common Stock $ G 166000 Acquired Class A Common Stock (166000) Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (128247) 128247 Indirect
Employee Stock Option (Right to Buy) $39.21 2028-03-21 Class A Common Stock (5438) 5438 Direct
Employee Stock Option (Right to Buy) $82.16 2029-03-24 Class A Common Stock (32251) 32251 Direct
Employee Stock Option (Right to Buy) $142.47 2030-04-14 Class A Common Stock (48372) 48372 Direct
Employee Stock Option (Right to Buy) $274.96 2031-04-21 Class A Common Stock (63667) 63667 Direct
Employee Stock Option (Right to Buy) $274.96 2031-04-21 Class A Common Stock (127334) 127334 Direct
Restricted Stock Units $ Class A Common Stock (42021) 42021 Direct
Restricted Stock Units $ Class A Common Stock (40282) 40282 Direct

Footnotes

F1: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 15, 2024.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.65 to $112.645 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.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.65 to $113.64 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 $113.65 to $114.63 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 $114.65 to $114.885 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 shares subject to the option are fully vested and exercisable by the Reporting Person.

F8: Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.

F9: 8.33% of the shares underlying the RSU vested on June 15, 2023, 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.

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.