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Okta | 4: Statement of changes in beneficial ownership of securities-Officer Addison Jonathan James

SEC ·  Sep 18 05:45

Summary by Moomoo AI

On September 15, 2024, Jonathan James Addison, Chief Revenue Officer of Okta, Inc. [OKTA], completed a series of transactions involving the company's Class A Common Stock. Addison exercised options to acquire a total of 10,278 shares at no cost, as part of derivative security conversions. Concurrently, he disposed of 5,613 shares to cover exercise prices or tax liabilities, a common practice in stock-based compensation. These transactions did not involve any market sales, and the prices for both acquisitions and disposals were set at $0.00. Following these transactions, Addison's direct holdings in Okta amounted to 24,451 shares of Class A Common Stock.
On September 15, 2024, Jonathan James Addison, Chief Revenue Officer of Okta, Inc. [OKTA], completed a series of transactions involving the company's Class A Common Stock. Addison exercised options to acquire a total of 10,278 shares at no cost, as part of derivative security conversions. Concurrently, he disposed of 5,613 shares to cover exercise prices or tax liabilities, a common practice in stock-based compensation. These transactions did not involve any market sales, and the prices for both acquisitions and disposals were set at $0.00. Following these transactions, Addison's direct holdings in Okta amounted to 24,451 shares of Class A Common Stock.
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