Form 4: Okta Director Jeff Epstein Reports RSU Vesting and New Equity Grant

Okta, Inc. Director Jeff Epstein has reported the vesting of 2,832 Restricted Stock Units into Class A Common Stock and the acquisition of 2,487 new Restricted Stock Units.

Summary

• On June 20, 2025, Okta, Inc. Director Jeff Epstein acquired 2,832 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Mr. Epstein directly beneficially owns 10,324 shares of Class A Common Stock.
• On June 24, 2025, Mr. Epstein was granted an additional 2,487 Restricted Stock Units.
• These newly granted RSUs are scheduled to vest in full on the earlier of June 24, 2026, or the date immediately prior to Okta's next regular annual stockholder meeting, contingent on Mr. Epstein's continued service to the company.

Sentiment

Score: 6

Explanation: The document reports routine insider equity transactions, which are generally neutral to slightly positive as they align director interests with shareholders through increased ownership and ongoing compensation.

Positives

• The vesting of RSUs increases Director Jeff Epstein's direct ownership stake in Okta, aligning his interests with shareholders.
• The grant of new RSUs indicates continued equity-based compensation for the director, which is a common practice to incentivize long-term commitment and performance.

Future Outlook

The newly granted 2,487 Restricted Stock Units are expected to vest in full on the earlier of June 24, 2026, or the date immediately prior to Okta's next regular annual stockholder meeting, subject to the director's continued service.

Industry Context

This Form 4 filing represents a routine insider transaction, specifically the vesting of previously granted equity awards and the grant of new ones, which is a standard component of executive and director compensation packages across the technology industry.

Stakeholder Impact

• Shareholders: The transactions increase the director's equity stake, potentially aligning his long-term interests with shareholder value creation.

Next Steps

• The vesting of the 2,487 Restricted Stock Units on the earlier of June 24, 2026, or the date immediately prior to Okta's next regular annual stockholder meeting.

Key Dates

Keywords

Okta, OKTA, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Equity Compensation, Director, Stock Ownership, Corporate Governance