SCHEDULE: FMR LLC Reports Stake in Okta Inc.

FMR LLC and Abigail P. Johnson have updated their beneficial ownership filing for Okta Inc., reporting a 9.8% stake as of June 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Okta Inc. Class A Common Stock.
• As of June 30, 2026, FMR LLC and Abigail P. Johnson collectively beneficially own 16,272,067.75 shares of Okta Inc. Class A Common Stock.
• This represents 9.8% of the class of securities outstanding.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an investment company (IN).
• The filing indicates that other persons have the right to receive or direct the sale of dividends from these shares, but no single other person holds more than 5%.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports a change in beneficial ownership percentage without providing new operational or financial performance data.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant stake in Okta Inc., indicating continued investor confidence from a major financial institution.
• The filing is an update, suggesting ongoing monitoring and management of the investment.

Negatives

• The filing does not provide any new operational or financial performance data for Okta Inc., limiting insights into the company's current health.
• The disclosure of beneficial ownership does not inherently signal positive or negative performance for the underlying company.

Risks

• The filing does not explicitly mention any new risks associated with Okta Inc.'s business operations or the investment itself.
• Potential risks for investors in Okta Inc. could include market competition, cybersecurity threats, and regulatory changes, though these are not detailed in this specific filing.

Future Outlook

This filing is a Schedule 13G amendment and does not contain forward-looking statements or specific guidance regarding Okta Inc.'s future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors like FMR LLC when their beneficial ownership crosses certain thresholds. This filing indicates FMR LLC's continued significant investment in the identity and access management sector, a critical area for enterprise security.

Comparison to Industry Standards

• This filing is a standard disclosure for significant beneficial ownership and does not lend itself to direct comparison with industry operational or financial benchmarks.
• FMR LLC's investment size (9.8%) is substantial and typical for a major institutional holder in a publicly traded technology company.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can influence market perception and trading activity.
• Okta Inc. Management: The continued significant holding by FMR LLC may signal ongoing support or scrutiny from a major investor.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to monitor their beneficial ownership of Okta Inc. Class A Common Stock.
• Future amendments to Schedule 13G will be filed if there are material changes in beneficial ownership.

Key Dates

Keywords

Okta Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Management, Fidelity