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Okta, Inc. (OKTA) Form 8-K — Jun 23, 2026

$OKTAForm 8-KItems 5.02, 5.07, 9.01Filed Jun 23, 2026, 5:05 PM ET0001660134-26-000054Original filing

Okta, Inc. stockholders approved an amendment to the company’s 2017 Equity Incentive Plan at the 2026 annual meeting, modifying key terms related to share availability and duration. The amendment removes the plan’s termination date, allowing it to continue indefinitely until terminated by the Board, and eliminates the automatic annual increase provision known as the 'evergreen' clause. Additionally, the amendment removes liberal share recycling for stock options and stock appreciation rights, a change intended to limit future dilution.

Key figures

Quorum Votes
224434332
Shares Reserved
58404344
Proposal4 Votes For
144073135
Proposal4 Votes Against
59915901
Incentive Stock Option Limit
10000000

Price after filing

1 day: +0.4%7 days: +15.5%30 days: +15.7%

Close on the filing date to close N calendar days later (from $118.16). Historical, not a forecast.

AI analysis

Red flags1 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.