secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K/A
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001002638-25-000069
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

OpenText names Cosmin Balota interim CFO; details C$4,688/period premium, C$100k bonus, 20k options
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- Cosmin Balota, SVP & CAO, will serve as interim CFO effective August 15, 2025.
- Receives C$4,688 per pay period premium above base salary during interim role.
- Completion bonus of C$100,000 payable three months after interim CFO service ends.
- Granted 20,000 stock options vesting 25% annually over four years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000069/0001002638-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000069/otex-20250709.htm
  HTML page:      https://secwatch.observer/filing/0001002638-25-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer