Okta, Inc. Files 8-K: Director/Officer Changes & Financials

Ticker: OKTA · Form: 8-K · Filed: 2025-02-10T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes

TL;DR

Okta filed an 8-K on Feb 10, 2025, detailing leadership changes and financial exhibits.

AI Summary

Okta, Inc. filed an 8-K on February 10, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits, with the date of report and change as February 10, 2025.

Why It Matters

This 8-K filing indicates potential shifts in Okta's leadership and governance, which could impact strategic direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in directors or officers, especially if significant, can signal internal shifts or strategic realignments that may affect the company's future performance.

Key Players & Entities

FAQ

What specific director or officer departures are reported in this 8-K filing?

The filing indicates the 'Departure of Directors or Certain Officers' as an item reported, but the specific names and details of these departures are not provided in the provided text.

Who has been elected as a new director for Okta, Inc. according to this filing?

The filing lists 'Election of Directors' as an item, but the names of any newly elected directors are not specified in the provided text.

Are there any new officer appointments mentioned in this 8-K?

Yes, the filing explicitly mentions the 'Appointment of Certain Officers' as a reported item.

What is the primary business address of Okta, Inc. as listed in the filing?

The primary business address is listed as 100 First Street, Suite 600, San Francisco, California 94105.

What is the filing date and the earliest event date reported?

The filing date and the date of the earliest event reported are both February 10, 2025.

From the Filing

0001660134-25-000024.txt : 20250210 0001660134-25-000024.hdr.sgml : 20250210 20250210083759 ACCESSION NUMBER: 0001660134-25-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250210 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250210 DATE AS OF CHANGE: 20250210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Okta, Inc. CENTRAL INDEX KEY: 0001660134 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 264175727 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 25603820 BUSINESS ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 888-722-7871 MAIL ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 8-K 1 okta-20250210.htm 8-K okta-20250210 false 0001660134 0001660134 2025-02-10 2025-02-10 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) February 10, 2025 ___________________________________ 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. Appointment of Principal Operating Officer On February 10, 2025, Okta, Inc. (the “Company”) announced that Eric Kelleher, age 53, became the Company’s President and Chief Operating Officer (“COO”) on February 1, 2025. In this position, he will serve as the Company’s principal operating officer. Mr. Kelleher previously served as the Compa

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