Ninan Shibu 4

4 · Okta, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Okta CAO Ninan Shibu Receives Vested RSUs

What Happened

Ninan Shibu, Chief Accounting Officer of Okta, had multiple restricted stock units (RSUs) vest on March 15, 2026. The filing shows a total of 10,485 shares underlying RSUs vested. Of those, 4,072 shares were issued to Shibu and 6,413 shares were withheld/disposed to satisfy tax withholding obligations. The reported transaction prices are $0.00 because these were RSU conversions (no exercise price/cash purchase).

Key Details

Transaction date: March 15, 2026. Form 4 filed March 17, 2026 (within the standard two-business-day filing window).
Breakdown: Total vested shares = 10,485; Shares issued to insider = 4,072; Shares withheld / disposed for taxes = 6,413.
Reported price/value: $0.00 on the conversion lines (RSU settlement); no cash purchase.
Transaction codes: M = exercise/conversion of derivative security (RSU conversion); F = payment of exercise price or tax liability (share withholding for taxes).
Footnotes: RSUs convert 1-for-1 into Class A common stock (F1); various vesting schedules applied (F2–F5); F3 notes the relevant RSU fully vested on March 15, 2026.
Shares owned after the transaction: Not specified in the supplied filing details.

Context

This was a routine RSU vesting and tax-withholding event, not an open-market buy or sale. Withholdings to cover taxes (code F) are common when equity awards vest and do not by themselves indicate bullish or bearish insider trading intent. The filing shows conversion/settlement activity (M) and withholding to satisfy tax liabilities.

Form 4

Period: 2026-03-15

Chief Accounting Officer

Transactions

Tax Payment
Class A Common Stock
2026-03-15−4,339→ 21,519 total
Exercise/Conversion
Class A Common Stock
2026-03-15+2,196→ 23,715 total
Tax Payment
Class A Common Stock
2026-03-15−1,118→ 22,597 total
Exercise/Conversion
Class A Common Stock
2026-03-15+556→ 23,153 total
Tax Payment
Class A Common Stock
2026-03-15−283→ 22,870 total
Exercise/Conversion
Class A Common Stock
2026-03-15+484→ 23,354 total
Tax Payment
Class A Common Stock
2026-03-15−247→ 23,107 total
Exercise/Conversion
Class A Common Stock
2026-03-15+836→ 23,943 total
Tax Payment
Class A Common Stock
2026-03-15−426→ 23,517 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-03-15−2,196→ 4,392 total
→ Class A Common Stock (2,196 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-03-15−556→ 0 total
→ Class A Common Stock (556 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-15−484→ 1,937 total
→ Class A Common Stock (484 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-03-15−836→ 6,688 total
→ Class A Common Stock (836 underlying)

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
[F2]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.
[F3]The shares underlying the RSU fully vested on March 15, 2026.
[F4]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.
[F5]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.

Signature

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

1 file