Asana, Inc. 8-K

What Happened
Asana, Inc. announced on April 14, 2026 that directors Matt Cohler, Adam D’Angelo, and Lorrie Norrington have tendered resignations effective at the Company’s 2026 Annual Meeting of Stockholders on June 8, 2026. The company said the departures are part of an orderly board refreshment process; there were no disagreements with the Company and the resignations are not related to operations or accounting matters. The Board will reduce in size from ten to seven directors once the resignations take effect. The Board has appointed Krista Anderson-Copperman to succeed Ms. Norrington as Lead Independent Director effective at the conclusion of the Annual Meeting.

Key Details

• Resignations tendered April 14, 2026 and effective at the Annual Meeting on June 8, 2026.
• Departing directors: Matt Cohler (on Board since Nov 2009, Class I), Adam D’Angelo (on Board since Dec 2008, Class III; not standing for re-election), Lorrie Norrington (on Board since July 2019; Lead Independent Director since Aug 2021, Class II).
• Board size will be reduced from 10 to 7 directors upon effectiveness of resignations.
• New Lead Independent Director: Krista Anderson-Copperman (on Board since July 2022; chairs the Compensation Committee and serves on the Audit Committee), effective at the conclusion of the Annual Meeting.

Why It Matters
This filing signals a planned governance change—Asana is reducing board size and replacing long-serving directors as part of a refresh. For investors, key takeaways are the orderly nature of the transitions (the filing states no disputes or accounting issues) and continuity in oversight given that the new lead independent director already serves on the Board and chairs the Compensation Committee. The changes may affect Board composition and oversight priorities going forward; the effective date to note is the Annual Meeting on June 8, 2026.