OGE ENERGY CORP. 8-K

What Happened

• OGE Energy Corp. announced on April 13, 2026 that director Luther C. Kissam IV informed the company he will not stand for re‑election and will resign from the Board effective at the Annual Meeting on May 14, 2026.
• Mr. Kissam has served more than five years on the Board and various committees. He said his departure follows accepting a new CEO position at another company and is not the result of any disagreement with OGE. The company has amended its proxy materials to remove him as a nominee.

Key Details

• Director: Luther C. Kissam IV notified OGE on April 13, 2026; resignation effective May 14, 2026 (Annual Meeting).
• Tenure: Served more than five years on the Board and multiple Board committees.
• Board size: Effective May 14, 2026 the Board will be reduced to eight directors.
• Proxy impact: Mr. Kissam was previously listed as a nominee; proxy materials are amended and previously voted proxies remain valid except with respect to Mr. Kissam.

Why It Matters

• This is a governance change that reduces OGE’s board to eight members and removes one director nominee from the company’s proxy materials.
• The filing states the departure is due to Mr. Kissam’s new CEO role elsewhere and explicitly notes there is no disagreement with OGE about operations, policies or practices—reassuring investors that the exit is not conflict‑driven.
• Proxy holders should note their existing votes remain valid except for votes regarding Mr. Kissam.