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Okta | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-I.R.S IDENTIFICATION NOS. OF ABOVE PERSONSTodd McKinnon(4.7%)

SEC announcement ·  Feb 15 05:51
Summary by Futu AI
Todd McKinnon, the reporting person, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on February 14, 2024, indicating a change in his ownership stake in Okta, Inc. As of December 31, 2023, McKinnon beneficially owns 7,874,100 shares of Okta, which includes both Class A and Class B common stock, representing approximately 4.7% of the Class A common stock outstanding. However, due to the ten-for-one voting power of Class B common stock, these holdings represent 30.3% of the aggregate combined voting power of both classes of stock. The filing reflects McKinnon's sole and shared voting and dispositive power over the shares, with certain shares held in trusts. The address for both the issuer and reporting person is listed as 100 First Street, Suite 600, San Francisco, California 94105.
Todd McKinnon, the reporting person, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on February 14, 2024, indicating a change in his ownership stake in Okta, Inc. As of December 31, 2023, McKinnon beneficially owns 7,874,100 shares of Okta, which includes both Class A and Class B common stock, representing approximately 4.7% of the Class A common stock outstanding. However, due to the ten-for-one voting power of Class B common stock, these holdings represent 30.3% of the aggregate combined voting power of both classes of stock. The filing reflects McKinnon's sole and shared voting and dispositive power over the shares, with certain shares held in trusts. The address for both the issuer and reporting person is listed as 100 First Street, Suite 600, San Francisco, California 94105.
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