{"schema_version":"secwatch.filing_event.v1","accession":"0001660134-24-000005","form_type":"8-K","ticker":"OKTA","cik":"0001660134","company_name":"Okta, Inc.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.011633+00:00","generated_at":"2026-06-06T11:09:52.901313+00:00","sec_items":["2.02","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Okta announces workforce reduction of ~400 employees (7%) and $24M restructuring charge","bullets":["Reducing workforce by ~400 full-time employees, or ~7% of total.","Expects ~$24M restructuring charges in Q4 FY2024 for cash severance and benefits, mostly paid in Q1 FY2025.","Reaffirms Q4 and full-year FY2024 financial guidance previously issued on Nov 29, 2023.","Q4 FY2024 results to be reported after market close on February 28, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001660134-24-000005","json":"https://secwatch.observer/filing/0001660134-24-000005.json","markdown":"https://secwatch.observer/filing/0001660134-24-000005.md","text":"https://secwatch.observer/filing/0001660134-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1660134/000166013424000005/0001660134-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1660134/000166013424000005/okta-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T11:09:52.901313+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23b6c675ff1f7113dbbb8394c1d30135e65f1234","claim":"Okta, Inc. updated its the fourth quarter and fiscal year ending January 31, 2024 guidance (reaffirmed).","evidence_excerpt":"Okta, Inc. (the “Company”) reaffirms its financial guidance for the fourth quarter and fiscal year ending January 31, 2024, as provided in a press release issued November 29, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1660134/000166013424000005/0001660134-24-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ending January 31, 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}