SEC Filing Analysis: Okta, Inc. (OKTA)

Executive Summary

• Trading Significance: Low
• Key Takeaway: An Okta executive sold a small amount of stock ($112k) under a pre-scheduled 10b5-1 trading plan.
• Market Impact: Neutral. The transaction is immaterial relative to the company's size and was pre-planned, suggesting no new insider sentiment.

Company Information

Field	Value
Company	Okta, Inc.
Ticker Symbol	OKTA
CIK	0001660134
Industry	SERVICES-PREPACKAGED SOFTWARE

Insider Information

Field	Value
Name	Schwartz Larissa
CIK	0001968125
Title/Position	Chief Legal Officer and Corporate Secretary
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-11
Transaction Code	S (Sale)
Security Type	Class A Common Stock
Shares Involved	1,318
Price Per Share	$85.26
Total Value	$112,372.68
Shares Owned After	36,519
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$112,372.68
% of Market Cap	0.0007%
Shares Transacted	1,318
% of Shares Outstanding	0.0008%
Post-Transaction Ownership	36,519 shares (0.022% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The $112k transaction is negligible for a large-cap company with a market capitalization of $15.09 billion.
• Transaction Significance: The sale represents a tiny fraction of both the company's market cap and total shares outstanding, indicating it is not a material event.

Additional Context

Special Circumstances

• The filing notes this sale was executed under a Rule 10b5-1 trading plan adopted on July 3, 2025. This means the sale was pre-scheduled and is not indicative of the insider's current view of the company's prospects.