Okta COO Eric Kelleher Vests RSUs with Routine Tax Withholding

Executive Summary

On September 17, 2026, Okta, Inc. ($OKTA) filed a Form 4 detailing equity transactions by Eric Robert Kelleher, President and Chief Operating Officer. The filing reflects routine quarterly vesting of restricted stock units (RSUs) and associated share withholdings to satisfy tax obligations, executed on September 15, 2026.

Transaction Details

• RSU Conversions (Code M):

  • 4,841 shares acquired at $0.00
  • 5,280 shares acquired at $0.00
  • 6,158 shares acquired at $0.00
  • Total Acquired: 16,279 shares of Class A Common Stock

• Tax Withholdings (Code F):

  • 2,464 shares withheld at $0.00
  • 2,687 shares withheld at $0.00
  • 3,134 shares withheld at $0.00
  • Total Disposed for Taxes: 8,285 shares

• Net Change: Net increase of 7,994 shares of Class A Common Stock held directly.

• Ending Direct Ownership: 25,063 shares of Class A Common Stock.

Derivative Holdings Summary

Following the vestings, Mr. Kelleher retains:

• 102,948 unvested RSUs across various grant tranches.
• 22,334 vested and exercisable stock options across exercise prices ranging from $211.86 to $274.96.

Analysis & Market Impact

• Trading Significance: Low.
• The transactions represent scheduled, non-discretionary equity vesting and mandatory tax withholdings rather than discretionary open-market purchases or sales. Such transactions are standard executive compensation events and typically carry neutral sentiment for investors.