secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001432133-25-000072
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213325000072/0001432133-25-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213325000072/kltr-20250627.htm
  HTML page:      https://secwatch.observer/filing/0001432133-25-000072

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