Form 4: Okta Director Emilie Choi Reports Stock Transactions

Director Emilie Choi reports the vesting and disposal of restricted stock units (RSUs) and acquisition of Class A Common Stock.

Summary

• On June 19, 2024, Emilie Choi, a director of Okta, Inc., had 2,818 Restricted Stock Units (RSUs) vest in full, which converted into 2,818 shares of Class A Common Stock.
• These shares were then disposed of at a price of $0.
• On June 20, 2024, Choi acquired 2,832 Restricted Stock Units (RSUs) which will vest on the earlier of June 20, 2025, or the date immediately prior to Okta's next annual stockholders meeting.
• Following these transactions, Choi directly owns 4,030 shares of Class A Common Stock and 2,832 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The acquired RSUs will vest on the earlier of June 20, 2025, or the date immediately prior to the Issuer's next regular annual stockholders meeting, subject to continued service.

Industry Context

This is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by a company insider.

Key Dates