Okta, Inc. Director Change: Emilie Choi Resigns; Helen Riley Appointed

What Happened Okta, Inc. announced in an 8-K that director Emilie Choi resigned from the Board effective September 14, 2026. The Board then appointed Helen Riley as an independent Class I director, effective September 18, 2026; she will serve until the company’s 2027 Annual Meeting of Stockholders and join the Audit Committee.

Key Details

• Emilie Choi resigned effective September 14, 2026; resignation not due to disagreement with the Company.
• Helen Riley appointed by the Board on September 17, 2026, effective September 18, 2026, as a Class I director and Audit Committee member.
• Compensation for Ms. Riley: $35,000 annual Board fee, $13,000 annual Audit Committee fee, plus an initial grant of 2,907 restricted stock units vesting over three years.
• Ms. Riley will be covered by Okta’s standard indemnification agreement; no related-party transactions or special arrangements were reported.

Why It Matters Board composition and independent oversight can affect governance and committee oversight (here, the Audit Committee). The filing provides clear, concrete succession and compensation details for the new director, which investors can use to assess governance continuity and director-related expenses.