Form 4: Okta CEO Sells Shares
Insider Transaction (Form 4)
Todd Mckinnon, Chief Executive Officer and a Director of Okta, Inc., sold 48,822 shares of common stock on September 22, 2026.
Summary
- Open-market sale: disposed of 4,793 Class A Common Stock at $189.04 ($906,082) on September 22, 2026; holds 44,029 after (Direct).
- Open-market sale: disposed of 6,961 Class A Common Stock at $190.05 ($1,322,915) on September 22, 2026; holds 37,068 after (Direct).
- Open-market sale: disposed of 3,970 Class A Common Stock at $190.81 ($757,529) on September 22, 2026; holds 33,098 after (Direct).
- Open-market sale: disposed of 5,337 Class A Common Stock at $192.02 ($1,024,818) on September 22, 2026; holds 27,761 after (Direct).
- Open-market sale: disposed of 4,558 Class A Common Stock at $192.88 ($879,136) on September 22, 2026; holds 23,203 after (Direct).
- Open-market sale: disposed of 2,101 Class A Common Stock at $194.24 ($408,096) on September 22, 2026; holds 21,102 after (Direct).
- Open-market sale: disposed of 3,194 Class A Common Stock at $195.46 ($624,293) on September 22, 2026; holds 17,908 after (Direct).
- Open-market sale: disposed of 9,996 Class A Common Stock at $196.24 ($1,961,659) on September 22, 2026; holds 7,912 after (Direct).
- Open-market sale: disposed of 6,065 Class A Common Stock at $197.20 ($1,196,021) on September 22, 2026; holds 1,847 after (Direct).
- Open-market sale: disposed of 1,847 Class A Common Stock at $197.79 ($365,317) on September 22, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $9,445,866 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Todd Mckinnon — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-22 | Open-market sale | Class A Common Stock | 4,793 | $189 | $906.1K | 44,029 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 6,961 | $190 | $1.3M | 37,068 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 3,970 | $191 | $757.5K | 33,098 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 5,337 | $192 | $1.0M | 27,761 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 4,558 | $193 | $879.1K | 23,203 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 2,101 | $194 | $408.1K | 21,102 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 3,194 | $195 | $624.3K | 17,908 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 9,996 | $196 | $2.0M | 7,912 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 6,065 | $197 | $1.2M | 1,847 |
| 2026-09-22 | Open-market sale | Class A Common Stock | 1,847 | $198 | $365.3K | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-22 | Open-market sale (4,793 shares) |
| 2026-09-22 | Open-market sale (6,961 shares) |
| 2026-09-22 | Open-market sale (3,970 shares) |
| 2026-09-22 | Open-market sale (5,337 shares) |
| 2026-09-22 | Open-market sale (4,558 shares) |
| 2026-09-22 | Open-market sale (2,101 shares) |
| 2026-09-22 | Open-market sale (3,194 shares) |
| 2026-09-22 | Open-market sale (9,996 shares) |
| 2026-09-22 | Open-market sale (6,065 shares) |
| 2026-09-22 | Open-market sale (1,847 shares) |
Keywords
insider transaction, Form 4, OKTA, Okta, Inc., bearish, Todd Mckinnon
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