OKTA Okta, Inc.
Price Chart
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
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
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
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (8 trades, 7d window) | cluster-OKTA-1774472598432 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 7, 2026
16d ago
|
DEFA14A
| $83.85 $81.05 | ▼ −3.34% | ▼ −4.81% | $92.24 (+10.00%) |
|
Mar 23, 2026
8w ago
|
8-K
| $80.69 $75.43 | ▼ −6.52% | ▼ −2.96% | $92.24 (+14.31%) |
|
Mar 19, 2026
9w ago
|
Insider Cluster
| $80.71 $79.34 | ▼ −1.70% | ▲ +0.51% | $92.24 (+14.28%) |
|
Mar 19, 2026
9w ago
|
Insider Cluster
| $80.71 $79.34 | ▲ +1.70% | ▼ −0.51% | $92.24 (−14.28%) |
|
Mar 11, 2026
10w ago
|
8-K
| $78.63 $80.71 | ▲ +2.65% | ▲ +3.62% | $92.24 (+17.30%) |
|
Mar 4, 2026
11w ago
|
8-K
| $79.30 $78.63 | ▼ −0.84% | ▲ +1.39% | $92.24 (+16.31%) |
US Market Status
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