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Okta | 4: Statement of changes in beneficial ownership of securities-Officer Ninan Shibu

SEC announcement ·  Mar 20 06:02
Summary by Futu AI
On March 15, 2024, Shibu Ninan, Chief Accounting Officer of Okta, Inc. [OKTA], engaged in a series of transactions involving the company's Class A Common Stock. Ninan acquired a total of 2,751 shares at no cost, as part of the exercise or conversion of derivative securities. On the same day, Ninan disposed of 1,995 shares, also at no cost, to cover exercise prices or tax liabilities, a common practice in equity compensation. Following these transactions, Ninan's direct holdings in Okta's common stock amounted to 8,390 shares. The transactions were completed on the reported date, and the nature of the shares involved was direct ownership.
On March 15, 2024, Shibu Ninan, Chief Accounting Officer of Okta, Inc. [OKTA], engaged in a series of transactions involving the company's Class A Common Stock. Ninan acquired a total of 2,751 shares at no cost, as part of the exercise or conversion of derivative securities. On the same day, Ninan disposed of 1,995 shares, also at no cost, to cover exercise prices or tax liabilities, a common practice in equity compensation. Following these transactions, Ninan's direct holdings in Okta's common stock amounted to 8,390 shares. The transactions were completed on the reported date, and the nature of the shares involved was direct ownership.
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