Okta CRO Sells Over $1.8M in Shares

Insider selling raises questions about leadership and future growth prospects

Mar. 29, 2026 at 8:19am by Ben Kaplan

Got story updates? Submit your updates here. ›

Okta, Inc.'s Chief Revenue Officer Jonathan James Addison sold 23,304 shares of the company's stock on March 25th, 2026, for a total value of $1,812,818.16. This represents an 84.23% decrease in Addison's position. The transaction was disclosed in a filing with the Securities and Exchange Commission.

Why it matters

Significant insider selling, especially by a high-ranking executive like the CRO, can raise concerns about the company's future prospects and leadership's confidence in the business. This could impact investor sentiment and the stock price, especially for a high-growth tech company like Okta.

The details

Addison sold the shares at an average price of $77.79 per share. Following the sale, he still owns 4,364 shares of Okta stock, valued at approximately $339,475.56. The company's stock has traded in the range of $68.77 to $127.57 over the past 52 weeks and closed at $73.23 on the day of the transaction.

  • The shares were sold on Wednesday, March 25, 2026.

The players

Jonathan James Addison

Chief Revenue Officer of Okta, Inc.

Okta, Inc.

A publicly traded provider of identity and access management solutions, headquartered in San Francisco, California.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The significant insider selling by Okta's CRO raises questions about the company's future growth prospects and leadership's confidence in the business. Investors will be closely watching for any further developments or commentary from the company regarding this transaction.