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Okta (NASDAQ: OKTA) announces resignation of board member Michael Stankey

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Okta, Inc. reported a board change with the resignation of director Michael Stankey, effective after he informed the company on March 5, 2026. The company states that his departure is not due to any disagreement with Okta. The board publicly thanked him for his service and contributions.

Positive

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Negative

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported)
March 5, 2026
___________________________________
Okta, Inc.
(Exact name of registrant as specified in its charter)
___________________________________
Delaware001-3804426-4175727
(State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification Number)

100 First Street, Suite 600
San Francisco, California 94105
(Address of principal executive offices)

(888) 722-7871
(Registrant's telephone number, including area code)

___________________________________

___________________________________
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A common stock, par value $0.0001 per shareOKTAThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Director

On March 5, 2026, Michael Stankey informed Okta, Inc. (the “Company”) of his resignation from the Board of Directors (the “Board”) of the Company.

Mr. Stankey’s departure is not the result of any disagreement with the Company. The Board expresses its appreciation for Mr. Stankey’s service to the Company and his invaluable contributions to the Board.






Item 9.01 - Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number
Description
104Cover Page Interactive Data File—the cover page XBRL tags are embedded within the Inline XBRL document


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 11th day of March 2026.
Okta, Inc.
  
By:/s/ Larissa Schwartz
Name:Larissa Schwartz
Title:Chief Legal Officer
 

Source: View Original Filing on SEC EDGAR

FAQ

What board change did Okta (OKTA) disclose in this 8-K?

Okta disclosed that director Michael Stankey resigned from its Board of Directors. The company notes the departure is not due to any disagreement and expresses appreciation for his service and contributions to the board over his tenure.

Which Okta (OKTA) executive signed the 8-K about the director resignation?

The 8-K was signed on behalf of Okta by Larissa Schwartz, the company’s Chief Legal Officer. Her signature indicates the filing is an authorized corporate disclosure prepared under the requirements of the Securities Exchange Act of 1934.

What securities of Okta (OKTA) are listed on Nasdaq according to this filing?

The filing states that Okta’s Class A common stock, with a par value of $0.0001 per share, is listed on The Nasdaq Stock Market LLC under the trading symbol OKTA. This confirms the primary equity security available to public investors.

Does the Okta (OKTA) 8-K include any financial statements or earnings data?

The 8-K does not include financial statements or earnings data. It only lists an Exhibit 104, which is the cover page interactive data file with Inline XBRL tags, focusing the filing on the director resignation rather than financial performance.

What exhibit is included with Okta’s (OKTA) 8-K about the board change?

The filing includes Exhibit 104, described as the cover page Interactive Data File. This exhibit contains the cover page XBRL tags embedded within the Inline XBRL document, satisfying technical SEC disclosure and data-structure requirements.

Filing Exhibits & Attachments

3 documents

Other Documents