Okta Insider Ninan Shibu Files Form 4 on March 23, 2026
| Field | Detail |
|---|---|
| Company | Ninan Shibu |
| Form Type | 4 |
| Filed Date | Mar 23, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, ownership-change
Related Tickers: OKTA
TL;DR
**Okta insider Ninan Shibu filed a Form 4, indicating a change in their stock ownership.**
AI Summary
This Form 4 filing indicates that Ninan Shibu, an insider at Okta, Inc. (OKTA), filed a Statement of Changes in Beneficial Ownership of Securities on March 23, 2026, for a period ending March 19, 2026. While the filing itself doesn't detail specific transactions, it signals that Shibu's ownership of Okta shares has changed. This matters to investors because insider transactions can provide clues about how company executives view the stock's future prospects, potentially influencing their decision to buy, sell, or hold shares.
Why It Matters
This filing signals a change in an insider's stake in Okta, which can be interpreted by investors as a signal of confidence or concern regarding the company's future performance.
Risk Assessment
Risk Level: low — This filing is purely administrative, reporting a change in ownership, and does not inherently carry high risk without transaction details.
Analyst Insight
Investors should monitor subsequent filings or news to understand the nature of Ninan Shibu's transaction (buy or sell) and its magnitude, as this filing only indicates a change occurred.
Key Players & Entities
- Ninan Shibu (person) — Reporting Person
- Okta, Inc. (company) — Issuer
- 0001940985 (person) — CIK of Ninan Shibu
- 0001660134 (company) — CIK of Okta, Inc.
FAQ
Who is the reporting person in this Form 4 filing?
The reporting person in this Form 4 filing is Ninan Shibu, with CIK 0001940985.
Which company is the issuer of the securities mentioned in this filing?
The issuer of the securities is Okta, Inc., with CIK 0001660134.
What is the filing date and period of report for this Form 4?
The filing date is March 23, 2026, and the period of report is March 19, 2026.
Filing Stats: 827 words · 3 min read · ~3 pages · Grade level 8.1 · Accepted 2026-03-23 18:06:33
Filing Documents
- wk-form4_1774303588.html (4)
- wk-form4_1774303588.xml (4) — 9KB
- 0001940985-26-000004.txt ( ) — 11KB
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 * Ninan Shibu (Last) (First) (Middle) 100 FIRST STREET, 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) Director 10% Owner X Officer (give title below) Other (specify below) Chief Accounting 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 23,517 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 13,549 (2) (2) Class A Common Stock 13,549 $ 0 13,549 D Restricted Stock Units (1) (3) (3) Class A Common Stock 4,392 4,392 D Restricted Stock Units (1) (4) (4) Class A Common Stock 1,937 1,937 D Restricted Stock Units (1) (5) (5) Class A Common Stock 6,688 6,688 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. 25% of the shares underlying the RSU vested on September 15, 2023, and the remaining shares underlying the RSU shall vest in 12 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, 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. 5. 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. Remarks: /s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must b