Summary by Moomoo AI
Jonathan James Addison, Chief Revenue Officer of Okta, Inc. [OKTA], completed a series of transactions involving Class A Common Stock on March 15, 2024. Addison exercised options to acquire a total of 14,476 shares at no cost, as part of derivative security conversions. Concurrently, he disposed of 7,904 shares to cover exercise prices or tax liabilities, a common practice in equity compensation. These transactions did not involve any market sales, and the prices for both acquisitions and disposals were set at $0.0. Following these transactions, Addison's direct holdings in Okta amounted to 24,911 shares of Class A Common Stock.