{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-24-000060","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2024-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.836323+00:00","generated_at":"2026-05-31T05:07:27.559999+00:00","sec_items":["5.02","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OpenText shareholders reject Say-on-Pay; director Powell departs; all other directors re-elected","bullets":["Say-on-Pay advisory vote: 74.89% against (163.8M votes), strong dissent on executive compensation.","Director Ann M. Powell declined re-election prior to AGM; no disagreement cited.","All 10 remaining director nominees re-elected; David Fraser received highest opposition at 14.54% against.","Shareholders approved KPMG re-appointment (95.61%) and 6M share increase to ESPP (99.51%).","Board re-appointed P. Thomas Jenkins as Chair and Mark J. Barrenechea as Vice Chair."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-24-000060","json":"https://secwatch.observer/filing/0001002638-24-000060.json","markdown":"https://secwatch.observer/filing/0001002638-24-000060.md","text":"https://secwatch.observer/filing/0001002638-24-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000060/0001002638-24-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000060/otex-20240912.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:07:27.559999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cc4536bf2e","claim":"Ann M. Powell resigned as Director at OPEN TEXT CORP.","evidence_excerpt":"Ann M. Powell informed the Company of her decision not to stand for election to the Board of Directors of the Company at the Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000060/0001002638-24-000060-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}