---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-004716"
form_type: "8-K"
ticker: "TKNO"
cik: "0001850902"
company_name: "Alpha Teknova, Inc."
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:27:53.326044+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alpha Teknova cuts 15% of workforce, CCO and CPO depart; option repricing approved

## Summary
- Workforce reduction of ~15% of current employees; annualized cost savings estimated at $6.4M.
- Severance and related charges of ~$1.2M expected, all cash; RIF substantially complete by Feb 1, 2024.
- CCO Ken Gelhaus and CPO Lisa McCann to exit March 1; roles eliminated in restructuring.
- Outstanding employee and director options repriced to fair market value on March 14, 2024; reduced exercise price effective only after Sept 14, 2025 or earlier qualifying termination.
- Option repricing applies to 1,635,381 shares held by employees/directors; stockholder consent obtained Jan 16.

## SEC filing metadata
- accession: 0000950170-24-004716
- form_type: 8-K
- ticker: TKNO
- cik: 0001850902
- company_name: Alpha Teknova, Inc.
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850902/000095017024004716/0000950170-24-004716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850902/000095017024004716/tkno-20240111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-004716
- JSON: https://secwatch.observer/filing/0000950170-24-004716.json
- Plain text: https://secwatch.observer/filing/0000950170-24-004716.txt

## Key facts
- Executive change
  Lisa McCann was terminated as Chief People Officer at Alpha Teknova, Inc..
  - Action: terminated
  - Role: Chief People Officer
  source text: On January 11, 2024, the Company informed Ken Gelhaus, its Chief Commercial Officer, and Lisa McCann, its Chief People Officer, that their employment with the Company would end at the close of business on March 1, 2024, because the Company had decided to eliminate the roles of Chief Commercial Officer and Chief People Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850902/000095017024004716/0000950170-24-004716-index.htm
- Executive change
  Ken Gelhaus was terminated as Chief Commercial Officer at Alpha Teknova, Inc..
  - Action: terminated
  - Role: Chief Commercial Officer
  source text: On January 11, 2024, the Company informed Ken Gelhaus, its Chief Commercial Officer, and Lisa McCann, its Chief People Officer, that their employment with the Company would end at the close of business on March 1, 2024, because the Company had decided to eliminate the roles of Chief Commercial Officer and Chief People Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850902/000095017024004716/0000950170-24-004716-index.htm
- Restructurings & Charges
  Alpha Teknova, Inc. announced a restructuring with charges of approximately $1.2 million (approximately 15% of its current employees).
  - Type: restructuring
  - Charge: approximately $1.2 million
  - Headcount: approximately 15% of its current employees
  source text: the RIF are estimated at approximately $6.4 million. The Company expects to substantially complete the RIF by February 1, 2024. The Company expects to recognize approximately $1.2 million in total charges for severance and related benefits for employees whose employment was or will be terminated pursuant to the RIF. These are one-time termination benefits and are
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850902/000095017024004716/0000950170-24-004716-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.