secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001660134-25-000173
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Okta appoints Rob Bernshteyn and Paul Sagan to board, Maggie Wilderotter resigns
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- Board expanded to 11 directors; Bernshteyn and Sagan appointed as independent directors effective Dec 19, 2025.
- Bernshteyn (ex-SaaS exec) joins Audit & Cybersecurity Risk Cmtes; Sagan (cybersecurity/AI) joins Compensation & Nominating Cmtes.
- Director Maggie Wilderotter resigned Dec 15, 2025 due to unforeseen personal reasons; no disagreement with company.
- Each new director receives $35,000 annual retainer and initial grant of 5,876 RSUs vesting over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013425000173/0001660134-25-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013425000173/okta-20251215.htm
  HTML page:      https://secwatch.observer/filing/0001660134-25-000173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer