Okta Officer Eric Kelleher Files Form 144 to Sell $436K in Common Stock

Insider Filing Analysis: Okta, Inc. ($OKTA) Form 144

Executive Summary

On September 11, 2026, Eric Robert Kelleher, an Officer at Okta, Inc., submitted a Form 144 notice proposing the sale of 2,549 shares of Class A Common Stock with an aggregate market value of approximately $436,159.39.

Transaction Breakdown

• Securities Offered: 2,549 Common shares
• Aggregate Market Value: $436,159.39 (~$171.11 per share)
• Acquisition Origin:
  • 2,419 shares acquired via Restricted Stock Units (RSUs) on June 15, 2026.
  • 130 shares acquired via Employee Stock Purchase Plan (ESPP) on June 18, 2026.
• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.
• Past 3 Months Activity: The filer previously executed a 10b5-1 sale of 3,977 shares on June 18, 2026, for gross proceeds of $453,769.73.

Market & Sentiment Assessment

• Trading Significance: Low. The proposed disposition represents a routine liquidity event following RSU vesting and ESPP participation. Relative to Okta's total shares outstanding of approximately 167.14 million, the transaction size is negligible and executed under a pre-scheduled Rule 10b5-1 plan.