Okta Insider Todd McKinnon Files Form 4 on March 23, 2026
| Field | Detail |
|---|---|
| Company | Mckinnon Todd |
| Form Type | 4 |
| Filed Date | Mar 23, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, ownership-change
TL;DR
**Okta insider Todd McKinnon filed a Form 4, signaling a potential change in his holdings.**
AI Summary
This Form 4 filing, dated March 23, 2026, indicates that Todd McKinnon, a reporting insider, has filed a statement of changes in beneficial ownership of securities for Okta, Inc. (CIK: 0001660134). While the filing itself doesn't detail specific transactions, it signals that an insider's holdings in Okta may have changed as of the period of report, March 19, 2026. This matters to investors because insider activity can sometimes signal management's confidence (or lack thereof) in the company's future prospects, potentially influencing stock price.
Why It Matters
This filing signals potential changes in an insider's stake in Okta, which can be an important indicator for investors tracking management sentiment and future company performance.
Risk Assessment
Risk Level: low — This filing is purely administrative, indicating a change in beneficial ownership, but does not inherently present a direct risk without transaction details.
Analyst Insight
Investors should monitor subsequent filings or news for details on the specific transactions (e.g., buys or sells) indicated by this Form 4 to understand the insider's sentiment towards Okta, Inc.
Key Players & Entities
- McKinnon Todd (person) — Reporting Owner
- Okta, Inc. (company) — Issuer
- 0001700626 (person) — CIK of McKinnon Todd
- 0001660134 (company) — CIK of Okta, Inc.
FAQ
What is the purpose of this Form 4 filing?
This Form 4 filing, dated March 23, 2026, is a 'Statement of changes in beneficial ownership of securities' for Todd McKinnon regarding his holdings in Okta, Inc., as required by the SEC.
Who is the reporting person in this filing?
The reporting person in this filing is McKinnon Todd, with CIK 0001700626.
What company is the subject of this filing?
The company that is the subject of this filing is Okta, Inc., with CIK 0001660134.
What is the period of report for this filing?
The period of report for this filing is March 19, 2026.
Filing Stats: 918 words · 4 min read · ~3 pages · Grade level 7.6 · Accepted 2026-03-23 18:06:01
Filing Documents
- wk-form4_1774303558.html (4)
- wk-form4_1774303558.xml (4) — 15KB
- 0001700626-26-000003.txt ( ) — 17KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * McKinnon Todd (Last) (First) (Middle) 100 FIRST ST, SUITE 600 (Street) SAN FRANCISCO CALIFORNIA 94105 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Okta, Inc. [ OKTA ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 108,346 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (1) 03/19/2026 A 103,462 (2) (2) Class A Common Stock 103,462 $ 0 103,462 D Restricted Stock Units (1) (3) (3) Class A Common Stock 20,141 20,141 D Restricted Stock Units (1) (4) (4) Class A Common Stock 59,135 59,135 D Class B Common Stock (5) (5) (5) Class A Common Stock 6,383,887 6,383,887 I By Trust Class B Common Stock (5) (5) (5) Class A Common Stock 128,247 128,247 I By Trust Employee Stock Option (Right to Buy) $ 82.16 (6) 03/24/2029 Class A Common Stock 32,251 32,251 D Employee Stock Option (Right to Buy) $ 142.47 (6) 04/14/2030 Class A Common Stock 48,372 48,372 D Employee Stock Option (Right to Buy) $ 274.96 (6) 04/21/2031 Class A Common Stock 127,334 127,334 D Employee Stock Option (Right to Buy) $ 274.96 (6) 04/21/2031 Class A Common Stock 63,667 63,667 D Explanation of Responses: 1. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock. 2. 8.33% of the shares underlying the RSU shall vest on June 15, 2026, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 3. 8.33% of the shares underlying the RSU vested on June 15, 2024, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 4. 8.33% of the shares underlying the RSU vested on June 15, 2025, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date. 5. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. 6. The shares subject to the option are fully vested and exercisable by the Reporting Person. Remarks: /s/ Larissa S