Shopify Inc. reported a board-level change on July 2, 2026, announcing that Prashanth Mahendra-Rajah resigned from the company’s board of directors effective immediately. Mahendra-Rajah had served as a Shopify director and as chair of the board’s Audit Committee. According to the company, his resignation follows his acceptance of a full-time position with the U.S. Department of Commerce. The filing does not state that the departure was connected to any disagreement with Shopify, its operations, accounting, policies, or governance. Following the resignation, Joe Natale is expected to serve as chair of the Audit Committee. Natale is already chair of Shopify’s board and the company’s Lead Independent Director, so the change keeps Audit Committee leadership within the existing board structure. The company reported the matter under Item 5.02 of Form 8-K, which covers director departures, officer changes, and certain compensatory arrangements. No securities transactions, share sales, option exercises, awards, vesting terms, or changes in beneficial ownership were reported in the filing. Item 9.01 listed only the standard inline XBRL cover page exhibit. The report was signed on behalf of Shopify by Michael L. Johnson, Corporate Secretary, on July 2, 2026.