This level of insider selling is routine and not economically significant relative to company size. No immediate concern for traders, especially given the lack of large-scale or coordinated divestment.
Price Chart
Executive Summary
Two Okta executives sold shares in the past week, including CRO Jonathan Addison selling $523K and CEO Todd McKinnon selling $31.5K, all through open-market transactions. The total value of $554K represents less than 0.01% of Okta's $14B market cap, indicating routine insider activity.
Key Financial Metrics
Key Facts
- Chief Revenue Officer Jonathan Addison sold 6,782 shares for $522,899.66 on March 25, 2026, at $77.1011 per share.
- CEO Todd McKinnon sold 400 shares for $31,515.96 on March 23, 2026, at $78.7899 per share.
- Total open-market sales amount to $554,415.62 across two insiders.
- Sales represent approximately 0.004% of Okta's $14.0B market capitalization.
Financial Impact
$554K in total open-market sales, less than 0.01% of market cap
Risk Factors
- Perception risk if additional selling follows in coming days.
- CEO participation, even small, could be misinterpreted as lack of confidence.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-OKTA-1774645549292 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 23, 2026 14w ago | 8-K | $118.58 $190.02 | ▲ +60.25% | ▲ +57.41% | $211.49 (+78.35%) |
May 28, 2026 18w ago | 8-K | $123.27 $130.97 | ▲ +6.25% | ▲ +5.06% | $211.49 (+71.57%) |
May 7, 2026 21w ago | DEFA14A | $83.85 $141.57 | ▲ +68.83% | ▲ +66.11% | $211.49 (+152.22%) |
Mar 23, 2026 27w ago | 8-K | $80.69 $116.27 | ▲ +44.09% | ▲ +29.60% | $211.49 (+162.09%) |
Mar 19, 2026 28w ago | Insider Cluster | $80.71 $117.58 | ▲ +45.68% | ▲ +31.34% | $211.49 (+162.03%) |
Mar 19, 2026 28w ago | Insider Cluster | $80.71 $117.58 | ▼ −45.68% | ▼ −31.34% | $211.49 (−162.03%) |
Mar 11, 2026 29w ago | 8-K | $78.63 $118.72 | ▲ +50.98% | ▲ +40.28% | $211.49 (+168.96%) |
Mar 4, 2026 30w ago | 8-K | $79.30 $139.79 | ▲ +76.27% | ▲ +64.97% | $211.49 (+166.69%) |
Feb 23, 2026 31w ago | Court Ruling | $69.51 $85.70 | ▼ −23.29% | ▼ −15.77% | $211.49 (−204.26%) |
US Market Status
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