Ninan Shibu, chief accounting officer at Okta (OKTA), has filed 58 Form 4 transactions, all in that single company. The pattern is one-sided: no open-market purchases and no acquisitions of shares for cash. The total sell value across his filings is $3,967,732.97, with every sale coded as an open-market disposition.
The recent activity is concentrated in early October 2026. On October 7, Shibu filed three separate sales totaling $2,756,163. The largest was $1,713,789, followed by $584,157.69 and $458,216.22. The next day, October 8, he sold another $440,440. That four-day stretch accounts for roughly $3.2 million of his total sell value.
The other filings are mechanical. Around September 15 and June 15, 2026, he reported option exercises (code M) paired with shares withheld for tax (code F), both at zero dollar values. There was also a grant (code A) in March and a gift (code G) in June. None of those involve a discretionary sale. The only decision-based transactions are the October sells, which show a clear bias toward reducing his position in Okta stock.
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