Okta Officer Files Form 144 to Sell $467K in Common Stock
Okta, Inc.
Subscribe to track OKTA
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Form 144 Proposed Sale Notice • Issuer: Okta, Inc. ($OKTA) • Filer: Larissa Schwartz (Officer) • Proposed Sale: 2,462 shares ($467,829.24 market value) • Approx. Sale Date: 09/18/2026 • Acquisition Source: RSU vesting on 09/15/2026 • 10b5-1 Plan Adopted: 07/03/2025
Comprehensive Analysis
Executive Summary
On September 18, 2026, Larissa Schwartz, an Officer at Okta, Inc. (CIK: 0001660134), filed a Form 144 notification of proposed sale covering 2,462 shares of Common Stock with an estimated aggregate market value of $467,829.24 ($190.02 per share).
Transaction Details
- Security: Common Stock
- Shares Proposed for Sale: 2,462
- Aggregate Value: $467,829.24
- Broker: Morgan Stanley Smith Barney LLC
- Origin of Shares: Acquired via Restricted Stock Unit (RSU) vesting on September 15, 2026 from the Issuer.
- Trading Plan: The planned sale is executed pursuant to a Rule 10b5-1 trading plan adopted on July 3, 2025.
- Past 3 Months Activity: Filer reported a prior 10b5-1 sale of 2,463 shares on June 22, 2026, generating $295,560.00.
Impact and Significance
The transaction represents a standard post-vesting equity disposition under a pre-established 10b5-1 trading plan. Given the modest volume relative to the total shares outstanding (167,139,757), the trading significance is rated Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.