SEC EDGARJun 4$OKTA

Schwartz Larissa sold $3.3M of OKTA

Schwartz Larissa (See Remarks) sold 24,971 shares of Okta, Inc. (OKTA) at an average of $134.13 ($129.90–$136.62, $3.35M total) across 8 trades on 2026-06-02 under a Rule 10b5-1 trading plan.

Original reporting

SEC EDGAR · Schwartz Larissa

Published Jun 4, 2026, 9:47 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Sep 28, 2026, 4:03 AM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

AlphAI market briefInsider activity

Primary signal

$OKTA

Bearish

medium confidence

Mentioned

$OKTA

Relevance

5/10

AlphAI data visualization · based on SEC EDGAR

Decision brief

The 30-second read

$OKTABearishLow

Why it matters

The disclosed sale may prompt short‑term traders to consider selling pressure.

Market read

Insider sale of modest size; limited market impact.

What to watch

The 10b5‑1 plan pre‑arranges sales, reducing informational value of the transaction.

Relevance 5/10Novelty 4/10Timing: post‑filing today

Background

Okta reported a Form 4 filing showing an officer's share sale.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$OKTABearishMedium confidence

Context

Officer Larissa Schwartz sold 24,971 shares for $3.35M via a 10b5‑1 plan, reducing her stake to 23,477 shares.

Expected impact

likely downward pressure as the market prices the insider sell

Evidence & confidence

A $3.3M sale by an officer is material enough to attract short‑term traders, but the amount is modest relative to market cap.

Market effects

Sector

Minimal impact on the broader identity‑access market.

Regional

None

Global

Low

Counterpoint

What could challenge this read

The sale could be routine liquidity planning, not a negative signal.

Key entities

Company
Okta, Inc.
Identity and access management provider.
Officer
Larissa Schwartz
Company officer who sold shares.

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