---
schema_version: "secwatch.filing_event.v1"
accession: "0001731289-24-000076"
form_type: "8-K"
ticker: null
cik: "0001731289"
company_name: "Nikola Corp"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:49:02.854651+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nikola appoints Thomas B. Okray as CFO; salary $695K, 300K RSUs + 600K PSUs

## Summary
- Thomas B. Okray named CFO, effective March 4, 2024; previously CFO at Eaton Corporation.
- Annual base salary of $695,000; eligible for 300,000 RSUs and 600,000 performance stock units.
- Severance includes $1.39M lump sum, 18 months COBRA, and accelerated equity vesting.
- One-time taxable relocation bonus of $20,000 plus relocation expense reimbursement.
- Okray brings prior CFO experience from Eaton, W.W. Grainger, Advance Auto Parts, and Amazon.

## SEC filing metadata
- accession: 0001731289-24-000076
- form_type: 8-K
- cik: 0001731289
- company_name: Nikola Corp
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1731289/000173128924000076/0001731289-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1731289/000173128924000076/nkla-20240303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731289-24-000076
- JSON: https://secwatch.observer/filing/0001731289-24-000076.json
- Plain text: https://secwatch.observer/filing/0001731289-24-000076.txt

## Key facts
- Executive change
  Thomas B. Okray was appointed as Chief Financial Officer at Nikola Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 3, 2024, the board of directors of Nikola Corporation (the “Company”) appointed Thomas B. Okray to serve as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective March 4, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1731289/000173128924000076/0001731289-24-000076-index.htm

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