Kerrest Jacques Frederic 4

4 · Okta, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Okta Director Jacques Kerrest Receives 843 Shares via RSU Vesting

What Happened

Jacques Frederic Kerrest, a director of Okta, reported RSU-related activity on March 15, 2026. The filing shows 843 shares were acquired at $0.00 (exercise/conversion of a derivative), and 245 shares were surrendered at $0.00 to cover tax withholding. The transactions are reported with zero cash price because the shares were issued on vesting/settlement of equity awards, not purchased on the open market.

Key Details

Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (timely).
Reported entries: M (exercise/conversion of derivative) — 843 shares acquired at $0.00; F (payment of tax liability) — 245 shares disposed at $0.00; an additional M-coded disposition of 843 shares is also reported on the same date (see filing notes).
Price: $0.00 per share (award settlement/vesting).
Shares owned after the transaction: not specified in the supplied data.
Relevant footnotes: F1–F3 indicate these were RSUs (each RSU = 1 share) and the RSUs fully vested on March 15, 2026; F4/F5 pertain to other outstanding derivative/convertible share mechanics in the filing.
This was not an open-market sale—245 shares were withheld to satisfy tax obligations (common net settlement), not sold as a directional trade.

Context

For retail investors: this looks like routine equity-compensation settlement (RSU vesting) rather than a buy or a market sell. Tax-withholding via share surrender is a common administrative step and does not necessarily signal the insider’s view on the stock.

Form 4

Period: 2026-03-15

Director

Transactions

Exercise/Conversion
Class A Common Stock
2026-03-15+843→ 4,881 total
Tax Payment
Class A Common Stock
2026-03-15−245→ 4,636 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-03-15−843→ 0 total
→ Class A Common Stock (843 underlying)

Holdings

Class A Common Stock
(indirect: By Trust)
500
Restricted Stock Units
[F1][F3]
→ Class A Common Stock (2,487 underlying)
2,487
Employee Stock Option (Right to Buy)
[F4]
Exercise: $39.21Exp: 2028-03-21→ Class A Common Stock (114,000 underlying)
114,000
Employee Stock Option (Right to Buy)
[F4]
Exercise: $82.16Exp: 2029-03-24→ Class A Common Stock (71,547 underlying)
71,547
Employee Stock Option (Right to Buy)
[F4]
Exercise: $142.47Exp: 2030-04-14→ Class A Common Stock (41,673 underlying)
41,673
Employee Stock Option (Right to Buy)
[F4]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (13,263 underlying)
13,263
Employee Stock Option (Right to Buy)
[F4]
Exercise: $274.96Exp: 2031-04-21→ Class A Common Stock (26,527 underlying)
26,527
Class B Common Stock
[F5]
(indirect: By Trust)
→ Class A Common Stock (843,487 underlying)
843,487
Class B Common Stock
[F5]
(indirect: By Trust)
→ Class A Common Stock (88,776 underlying)
88,776
Class B Common Stock
[F5]
(indirect: By Trust)
→ Class A Common Stock (157,668 underlying)
157,668

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
[F2]The shares underlying the RSU fully vested on March 15, 2026.
[F3]The RSUs vest in full on the earlier of June 24, 2026 or the date immediately prior to the Issuer's next regular annual stockholder meeting, subject to the Reporting Person's continued service to the Issuer through such vesting date.
[F4]The shares subject to the option are fully vested and exercisable by the Reporting Person.
[F5]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.

Signature

/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person|2026-03-17

1 file