Okta CFO Dumps 80,000 Company Shares Worth $12.9 Million After the Stock Hit a 52-Week High
This sale represented nearly half of the insider's total equity stake.
Overview
Brett Tighe, Chief Financial Officer of Okta, Inc. (NASDAQ:OKTA), sold 80,000 shares of Class A Common Stock on September 2, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($160.97); post-transaction value based on September 02, 2026 market close ($163.15).
Details
Okta, Inc. is a leading provider of identity and access management solutions with trailing 12-month revenue of $3.1 billion, reflecting strong demand for cloud-based security infrastructure. The company's Okta Identity Cloud platform represents a comprehensive, integrated approach to identity management, positioning the organization as a critical infrastructure provider for enterprises navigating digital transformation and heightened security requirements.
Source
Originally published at www.fool.com.
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