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AI brief of an SEC Form 8-K · Okta (OKTA)

Okta Adds Rob Bernshteyn and Paul Sagan to Board; Maggie Wilderotter Departs

Neutral Impact 2 of 5 leadership Written later

Okta expanded its board from 10 to 11 directors and appointed Rob Bernshteyn and Paul Sagan as independent directors, effective December 19, 2025. The company also disclosed that director Mary Agnes (Maggie) Wilderotter resigned from the board on December 15, 2025, for reasons unforeseen at the time of her joining, and not due to any disagreement with the company.

Key points

  • Board expanded from 10 to 11 directors; Bernshteyn and Sagan appointed effective December 19, 2025
  • Bernshteyn joins the Audit and Cybersecurity Risk committees; Sagan joins the Compensation and Nominating committees
  • Each new director receives $35,000 in annual board compensation and an initial grant of 5,876 restricted stock units vesting over three years
  • Wilderotter stepped down from the board on December 15, 2025

The filing

CompanyOkta (OKTA)
Form8-K, current report
Filed with the SECDec 19, 2025, 4:39 PM ET
Accession number0001660134-25-000173

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.