OKTA Okta, Inc.

BEARISH Impact: 6/10 Insider Cluster (6 insiders)
Horizon days Filed Mar 19, 2026 Processed 1mo ago
Insider cluster: 2 insiders, $1.4M total
Latest settled — T+20d
OKTA ▼ -10.73% at T+20d
SHORT call ✓ call won +10.73% · α vs SPY +18.35% · entry $80.71 → $72.05
Next anchor: T+60d in 19d
Last close $92.24 (close May 22) · -14.28% from $80.71 entry (call sign-flipped)
Entry anchored
Mar 18, 04:37 PM ET
via Databento tick
T+1d
-2.86%
call +2.86% · α +1.12%
$78.40
settled 2mo ago
T+5d
-1.70%
call +1.70% · α -0.51%
$79.34
settled 2mo ago
T+20d
-10.73%
call +10.73% · α +18.35%
$72.05
settled 5w ago
T+60d
call — · α —
in 19d

Price Chart

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Executive Summary

Okta insiders executed open-market sales totaling $1.38 million within the past week, led by CFO Eric Kelleher selling $1.35 million worth of shares. Multiple C-suite executives also received non-cash stock awards totaling hundreds of thousands of shares, which are routine compensation events.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
6

Actionable Insight

Monitor for potential downward pressure on the stock ahead of next earnings; consider whether this selling reflects valuation concerns or routine diversification. The scale of CFO selling is notable and may signal caution.

Key Facts

  • CFO Eric Kelleher sold $1.345 million in open-market transactions on March 19, 2026.
  • CEO Todd McKinnon sold $31,516 in open-market shares on March 23, 2026.
  • All other transactions were non-cash grants totaling 341,873 shares awarded to C-suite executives and insiders.
  • Total open-market selling volume: $1.377 million over 7 days.
  • Recent insider activity shows consistent selling, with $1.4 million in sales over the past 30 days.

Financial Impact

$1.38 million in net open-market selling by insiders, representing 0.01% of Okta's $13.6B market cap

insider sentimentshareholder confidence

Risk Factors

  • Insider selling, especially by CFO, may indicate lack of confidence in near-term prospects.
  • Non-cash grants dilute shareholders over time, though they are standard practice.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (8 trades, 7d window)cluster-OKTA-1774472598432
6 reports for OKTA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for OKTA — sortable, filterable
Type Now
May 7, 2026
16d ago
DEFA14A
NEUTRAL ★ 3/10
$83.85 $81.05▼ −3.34%▼ −4.81%$92.24 (+10.00%)
Mar 23, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$80.69 $75.43▼ −6.52%▼ −2.96%$92.24 (+14.31%)
Mar 19, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$80.71 $79.34▼ −1.70%▲ +0.51%$92.24 (+14.28%)
Mar 19, 2026
9w ago
Insider Cluster
BEARISH ★ 6/10
$80.71 $79.34▲ +1.70%▼ −0.51%$92.24 (−14.28%)
Mar 11, 2026
10w ago
8-K
NEUTRAL ★ 3/10
$78.63 $80.71▲ +2.65%▲ +3.62%$92.24 (+17.30%)
Mar 4, 2026
11w ago
8-K
BULLISH ★ 8/10
$79.30 $78.63▼ −0.84%▲ +1.39%$92.24 (+16.31%)
Showing 6 of 6

US Market Status

Market Closed — Opens Tue (34h 50m)

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