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Form 8-K

sec.gov
OKTA The article is a Form 8-K filing announcing the departure of a director and the appointment of a new director. It also mentions the company's business in securing AI and its identity solutions. The sentiment is neutral as it's a routine corporate filing.

8-K — Okta, Inc.

Accession: 0001660134-26-000072

Filed: 2026-09-18

Period: 2026-09-14

CIK: 0001660134

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

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

Item: Financial Statements and Exhibits

Documents

8-K — okta-20260914.htm (Primary)

EX-99.1 (okta-09142026ex991.htm)

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8-K

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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)

September 14, 2026

___________________________________

Okta, Inc.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware 001-38044 26-4175727

(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 class Trading Symbol(s) Name of each exchange on which registered

Class A common stock, par value $0.0001 per share OKTA The 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; Appointment of New Director

On September 14, 2026, Emilie Choi, a Class I director of the Board of Directors (the “Board”) of Okta, Inc. (the “Company”), provided notice that she would resign from the Board, effective that day. Ms. Choi’s resignation is not the result of disagreement with the Company on any matters relating to its operations, policies or practices. The Board expresses its appreciation for Ms. Choi’s service to the Company and her invaluable contributions to the Board.

Additionally, on September 17, 2026, the Board, upon the recommendation of its Compensation and Corporate Governance Committee, appointed Helen Riley as an independent director of the Company, effective September 18, 2026. The Board appointed Ms. Riley as a Class I director, to serve until the Company’s 2027 Annual Meeting of Stockholders, and as a member of the Audit Committee of the Board (the “Audit Committee”). She will hold office until her successor has been duly elected and qualified, or until her earlier death, resignation or removal.

There are no arrangements or understandings between Ms. Riley and any other persons pursuant to which she was appointed as a director. There are no transactions between Ms. Riley and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

Ms. Riley will participate in the Company’s standard non-employee director compensation arrangements. Under the terms of those arrangements, she will receive, among other things, annual compensation of $35,000 for her service on the Board, $13,000 for her service on the Audit Committee, and an initial grant of 2,907 restricted stock units that vest annually over three years, subject to continuous service.

The Company has entered into its standard form of indemnification agreement with Ms. Riley.

A copy of the press release announcing the appointment of Ms. Riley to the Board and departure of Ms. Choi from the Board is attached hereto as Exhibit 99.1.

Item 9.01 - Financial Statements and Exhibits

(d) Exhibits

Exhibit

Number

Description

99.1

Press release dated September 18, 2026, issued by Okta, Inc.

104 Cover 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 18th day of September 2026.

Okta, Inc.

By: /s/ Scott Morgan

Name: Scott Morgan

Title: Chief Legal Officer

EX-99.1

EX-99.1

Filename: okta-09142026ex991.htm · Sequence: 2

Document

Exhibit 99.1

Okta Names Helen Riley to Board of Directors

SAN FRANCISCO – September 18, 2026 – Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced the appointment of Helen Riley to the Company’s board of directors, effective as of today.

“Helen brings two decades of deep financial and operational experience from her time at companies solving some of the world’s most challenging problems with AI,” said Todd McKinnon, Okta CEO and Co-Founder. “Her perspective will be invaluable as we seize the growing opportunity to secure AI with every agent needing a trusted identity and clear controls over what it can access and do.”

“Okta has been at the forefront of neutral, independent identity for nearly two decades, and its most exciting opportunity is ahead in securing AI. I look forward to joining the board of directors and contributing my experience to a company that is essential to how organizations securely drive innovation while helping people freely use any technology,” said Riley.

Also today, the Company announced that Emilie Choi stepped down from the Board on September 14, 2026.

“We thank Emilie for her service to Okta, and wish her the best on her future endeavors,” added Mr. McKinnon.

About Helen Riley

Helen Riley is the Chief Financial Officer and Chief Operating Officer at X (The Moonshot Factory), a research and development company and subsidiary of Alphabet, Inc. Helen joined X in 2015 as Vice President and Chief Financial Officer before assuming her expanded executive role in 2023. For over two decades, Helen has held various senior leadership positions at Alphabet and its subsidiaries, including in global financial strategy, analytics and sales finance. She more recently served at Google as Senior Finance Director of Global Marketing from 2013 to 2015 and as Finance Director of Global G&A from 2011 to 2013.

An experienced public company director, Helen served on the boards of directors of Eventbrite, Inc., a global live event ticketing platform, from July 2018 to April 2026, and Marqeta, Inc., a digital payment platform, from May 2020 to June 2025. Helen received her Bachelor of Arts and Master of Arts in Philosophy, Politics and Economics from the University of Oxford and a Master of Business Administration from Harvard Business School.

About Okta

Okta, Inc. is The World’s Identity Company™. We secure AI, machine, and human identity so everyone is free to safely use any technology. Our workforce and customer solutions empower businesses and developers to protect their AI agents, users, employees, and partners while driving security, efficiencies, and innovation. Learn why the world’s leading brands trust Okta for authentication, authorization, and more at okta.com.

Investor Contact:

Dave Gennarelli

investor@okta.com

Media Contact:

Eddie McGraw

press@okta.com

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