Okta Officer Files Form 144 to Sell $1.22M in Common Stock Under Rule 10b5-1 Plan

Executive Summary

On September 18, 2026, Okta, Inc. officer Eric Robert Kelleher filed a Form 144 notice proposing the sale of 6,395 shares of Common Stock with an estimated aggregate market value of $1,215,177.90 (~$190.02 per share).

Key Transaction Details

• Securities to be Sold: 6,395 Common shares
• Aggregate Market Value: $1,215,177.90
• Acquisition Origin: Acquired via Restricted Stock Units (RSUs) on September 15, 2026 from the issuer.
• Trading Plan: Executed under a pre-established Rule 10b5-1 trading plan adopted on June 12, 2026.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
• Prior Sales: In the past three months, the reporting person sold 2,549 shares on September 11, 2026, generating gross proceeds of $429,642.62.

Market Impact & Significance

The proposed sale of 6,395 shares represents a negligible fraction of Okta's 167,139,757 outstanding shares. Given that the sale is conducted pursuant to an RSU vesting event and under a pre-scheduled Rule 10b5-1 trading plan, the transaction indicates routine executive compensation liquidity rather than a directional signal on company fundamentals. Trading significance is assessed as Low.