A Form 4 filed with the SEC on September 15, 2026 discloses that Eric Robert Kelleher, President and Chief Operating Officer of Okta, Inc. (NASDAQ:OKTA), sold 2,549 shares of Class A Common Stock on September 11, 2026 under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: Kelleher disposed of 2,549 shares of Class A Common Stock on September 11, 2026.
  • Weighted average price: The sale was executed at a weighted average price of $168.5534 per share, with individual transactions ranging from $168.365 to $169.09 per share.
  • Trading plan: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Kelleher on June 12, 2026.
  • Remaining direct ownership: Following the sale, Kelleher directly held 17,069 shares of Class A Common Stock.
  • Outstanding RSUs: Kelleher holds three tranches of Restricted Stock Units covering 14,525, 36,959, and 67,743 underlying shares of Class A Common Stock, respectively.
  • Fully vested stock options: Three Employee Stock Option grants covering 2,955, 6,792, and 12,587 shares are reported as fully vested and exercisable, with exercise prices of $211.86, $274.96, and $255.38.

Kelleher's Share Sale and Equity Holdings at Okta

According to the filing, Kelleher sold 2,549 shares of Okta Class A Common Stock on September 11, 2026, at a weighted average price of $168.5534. The filing notes that the shares were sold in multiple transactions at prices ranging from $168.365 to $169.09 per share, and that Kelleher undertakes to provide full information regarding the number of shares sold at each separate price upon request by the issuer, any security holder, or the SEC staff. The transaction was made pursuant to a Rule 10b5-1 trading plan that Kelleher adopted on June 12, 2026.

Following the reported transaction, Kelleher directly beneficially owned 17,069 shares of Class A Common Stock, according to the filing. The Form 4 also discloses three separate Restricted Stock Unit grants. The first covers 14,525 underlying shares, with 8.33% having vested on June 15, 2024 and the remainder vesting in 11 equal quarterly installments thereafter. The second covers 36,959 underlying shares, with the initial 8.33% vesting on June 15, 2025. The third covers 67,743 underlying shares, with 8.33% having vested on June 15, 2026. Each RSU represents the right to receive one share of Class A Common Stock, and all RSU vesting is subject to Kelleher's continuous employment with Okta on each vesting date.

The filing further discloses three fully vested Employee Stock Options. These cover 2,955 shares at an exercise price of $211.86 expiring September 21, 2030; 6,792 shares at $274.96 expiring April 21, 2031; and 12,587 shares at $255.38 expiring September 22, 2031. All three are reported as fully vested and exercisable, and all are held directly.

What Was Disclosed

The filing reports the sale of 2,549 shares of Okta Class A Common Stock by President and COO Eric Kelleher on September 11, 2026, under a Rule 10b5-1 plan, along with his remaining direct shareholding and outstanding RSU and stock option positions.