Schwartz Larissa’s trading activity, as reflected in SEC Form 4 filings, shows a consistent pattern of selling shares in Okta, Inc. (OKTA), with no recorded purchases. Over 59 transactions, all activity has been concentrated in OKTA, resulting in total sales exceeding $1.19 million. Recent filings indicate a continuation of this trend, with three sales in early 2026, including a $146,684 disposal on March 10, a $153,251 transaction on February 6, and a $172,315 sale on January 7. The absence of buy transactions suggests a one-directional reduction in holdings, though the filings also include multiple non-sale events coded as awards (A), gifts (G), or other dispositions (F, M) with no reported value.
The transactions are spread across several months, with the most recent sales occurring in the first quarter of 2026. While the filings do not specify the reasons for the sales, the data reveals a clear divestment pattern rather than accumulation. The lack of diversification—all trades involve OKTA—indicates Schwartz’s exposure is tied solely to this single company. The frequency and consistency of sales, particularly in early 2026, suggest an ongoing effort to reduce holdings rather than an isolated liquidation event. Further monitoring of filings would be necessary to determine whether this trend persists or shifts in future disclosures.
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