Form 4: Okta Director Archambeau Executes Stock Sale

Okta Director Shellye L. Archambeau sold 2,500 shares of Class A Common Stock via a pre-arranged 10b5-1 trading plan.

Summary

• Director Shellye L. Archambeau sold 2,500 shares of Okta, Inc. (OKTA) Class A Common Stock.
• The transaction occurred on May 18, 2026, at a price of $85.00 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on December 12, 2025.
• Following the transaction, the reporting person maintains beneficial ownership of 9,192 shares held by an LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-planned 10b5-1 arrangement, which is standard practice for directors.

Positives

• The transaction was conducted through a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.

Negatives

• The sale represents a reduction in the director's direct or indirect equity stake in the company.

Risks

• Insider selling can sometimes be perceived by the market as a lack of confidence in future share price appreciation, though this specific sale was pre-planned.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine corporate governance practice among technology executives and directors, typically carrying no signal regarding company performance.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate insiders to manage personal liquidity while maintaining regulatory compliance.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and represents a small portion of the director's holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Okta, OKTA, Insider Trading, Form 4, Shellye Archambeau, Equity Sale