Kelleher Eric Robert

Eric Robert Kelleher sells 16,818 shares (52.1% reduction) of OKTA at $80.00; repeat seller with 100% 90-day well-timed rate at ticker

Kelleher reduced his OKTA position by 52.1%, selling 16,818 shares at $80.00 for $1,345,440.00, leaving 15,470 shares. This is his third open-market sale of OKTA; his two prior sells at this ticker (both 2025-07-15) generated negative 90-day returns (-1.7% and -2.4%), establishing a 100% well-timed pattern where the stock fell after his sales. His cross-ticker track record shows 2 prior sells with a 90-day well-timed rate of 100.00%. The current stock price of $81.10 sits 36.3% below the 52-week high of $127.30, suggesting material downward pressure since his prior sales—a context where a substantial holding reduction warrants attention to whether execution patterns persist and what underlying conviction this signals.

Okta CFO Kelleher sells 16,018 shares in 2 transactions at $91.66–$92.33; retains 7,044 shares post-sale via derivative conversion.

Eric Robert Kelleher executed 2 separate sales totaling 16,018 shares for $1,470,594.52 at prices ranging from $91.66 to $92.33, reducing his direct holdings by 69.5% while retaining 7,044 shares. This transaction involves a conversion of derivative securities, so the Form 4 Table I holding of 7,044 shares does not represent his total position; derivative holdings remain unpopulated in the structured database. The sales occurred near the current market price of $92.10, within the stock's recent downtrend (down 6.7% over 30 days and 6.0% over 90 days from the 52-week high of $127.30). Okta's fundamentals show net income of $62,000,000.00 on quarterly revenue of $688,000,000.00 with 15.3% annual revenue growth, though the elevated P/E of 575.62 reflects limited recent profitability relative to valuation.