Larissa Schwartz

Larissa Schwartz sells 25.0K shares at blended avg $134.13 under scheduled 10b5-1 plan; posts 23.5K shares remaining.

This filing reports 8 separate sales totaling 25.0K shares for $3.3M on a single date under a pre-arranged 10b5-1 trading plan adopted on 2025-07-03, reducing Schwartz's holdings by 51.5% from 48.4K to 23.5K shares. The transactions are scheduled, not discretionary. Her prior three sales at OKTA each resulted in negative 30-day returns (-13.8%, -14.3%, -15.0%) and negative 90-day returns (-13.1%, -13.7%, -14.3%), and her cross-ticker track record shows 3 prior sells with average 90-day return of -13.7%. The stock currently trades at $123.48, down 13.3% from its 52-week high of $142.35 yet up 58.8% over the last 30 days and 53.0% over 90 days, suggesting recent momentum that may not have persisted after historical sale points.

OKTA CFO Larissa Schwartz sells 11,552 shares for $1.3M; reduces stake to 22.1K shares post-sale

On 2025-03-19, Larissa Schwartz executed 3 separate sales totaling 11,552 shares for $1,317,967.80, reducing her holdings from 33,677 to 22,125 shares (-34.3% net change in position). The blended average sale price of $114.09 sits near current levels ($113.74), and the stock has delivered a 30-day gain of +17.3% and 90-day gain of +36.6% on improving fundamentals: FY revenue growth of +15.3% and recent quarterly revenue of $665,000,000.00. The significance of this sale is tempered by the substantial remaining stake (22.1K shares), Okta's strong near-term momentum, and the lack of prior transaction history provided to establish whether this represents a pattern change at the company.