---
schema_version: "secwatch.filing_event.v1"
accession: "0001432133-25-000072"
form_type: "8-K"
ticker: "KLTR"
cik: "0001432133"
company_name: "KALTURA INC"
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:43:37.952636+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kaltura adopts Severance Plan; CEO gets 12-month salary on qualifying termination

## Summary
- Plan covers key employees for Qualifying Termination (no cause/good reason) and Qualifying CIC Termination.
- CEO Ron Yekutiel: 12-month base salary continuation + prorated bonus + 12-month COBRA; on CIC: 18-month base salary lump sum + 150% target bonus + full equity acceleration.
- CFO John Doherty, CPO Eynav Azariya, CCO Natan Israeli: 6-month base salary continuation + 6-month COBRA; on CIC: 8-month base salary lump sum + prorated target bonus + full equity acceleration.
- Severance supersedes prior notice provisions in executive agreements; requires execution of release.

## SEC filing metadata
- accession: 0001432133-25-000072
- form_type: 8-K
- ticker: KLTR
- cik: 0001432133
- company_name: KALTURA INC
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1432133/000143213325000072/0001432133-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1432133/000143213325000072/kltr-20250627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001432133-25-000072
- JSON: https://secwatch.observer/filing/0001432133-25-000072.json
- Plain text: https://secwatch.observer/filing/0001432133-25-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.