secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001178913-24-000157
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura appoints John Doherty as CFO; Yaron Garmazi resigns; Michal Tsur retires as President
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- CFO Yaron Garmazi resigns effective Feb 29, 2024; will serve as special assistant to CEO through July 10, 2024.
- John Doherty appointed CFO effective March 1, 2024; base salary $470k; sign-on RSUs $2.06M; MBO bonus potential.
- President and CMO Michal Tsur retired; CEO Ron Yekutiel appointed President effective immediately.
- Doherty's severance includes 6 months base salary, prorated MBO, and COBRA subsidy for 6 months.
- Garmazi to receive restricted stock units valued at NIS 216,686 for Q1 2024 bonus; no cash bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000117891324000157/0001178913-24-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000117891324000157/zk2430781.htm
  HTML page:      https://secwatch.observer/filing/0001178913-24-000157

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