Okta Insider Sells $192,720 in Stock

Eric Robert Kelleher, an Okta insider, sold over 2,400 shares of the company's stock.

Apr. 3, 2026 at 10:43pm by Ben Kaplan

Got story updates? Submit your updates here. ›

An extreme close-up of intricate, industrial banking mechanisms and components in shades of steel, bronze, and chrome, conceptually representing the complex financial transactions and infrastructure behind a major technology company.An insider's sale of Okta stock highlights the complex financial machinery powering the cybersecurity firm.San Francisco Today

Okta, Inc. (NASDAQ:OKTA) insider Eric Robert Kelleher sold 2,409 shares of Okta stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $80.00, for a total transaction value of $192,720.00. Following the sale, Kelleher now directly owns 15,470 shares in the company, valued at $1,237,600.

Why it matters

Insider transactions can provide insight into a company's performance and management's outlook. This sale represents a 13.47% decrease in Kelleher's ownership stake, which could signal a change in his confidence in Okta's future prospects.

The details

The sale was disclosed in a filing with the Securities & Exchange Commission and was executed under a pre-arranged Rule 10b5-1 trading plan. Kelleher also recently sold 16,818 shares of Okta stock on March 19th for $1,345,440.

  • The stock sale occurred on Wednesday, April 1st, 2026.
  • Kelleher also sold 16,818 shares on Thursday, March 19th, 2026.

The players

Eric Robert Kelleher

An insider at Okta, Inc. who sold over 2,400 shares of the company's stock.

Okta, Inc.

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

Got photos? Submit your photos here. ›

The takeaway

This insider sale could signal a shift in Kelleher's confidence in Okta's future performance, though the transaction was executed under a pre-arranged trading plan. Investors will likely continue to monitor Okta's stock price and any further insider activity.