Open Text Corp SEC Filings

OpenText Corporation announced quarterly results for the period ended September 30, 2025 and declared a cash dividend of $0.2750 per common share, payable on December 19, 2025 to shareholders of record on December 5, 2025. The results were furnished via a press release included as Exhibit 99.1.

The company reaffirmed its intent to maintain its dividend program, while noting that future dividends are at the Board’s discretion and subject to factors such as financial position, available cash, alternative uses of cash, and contractual limitations under existing credit agreements.

Form 144 notice shows a proposed sale by an insider of 100,009 common shares, with an aggregate market value of $3,868,308.12, planned for 10/10/2025 on NASDAQ. The shares were recorded as acquired on 10/10/2025 through an exercise of options under a registered plan with payment in cash. The filing lists the broker as Morgan Stanley Smith Barney LLC.

The issuer has 254,316,690 shares outstanding, and the filer disclosed two recent sales within the prior three months: 108,320 shares sold on 10/07/2025 for $4,108,306.80 and 217,957 shares sold on 09/05/2025 for $7,232,772.28. The signer affirms no undisclosed material adverse information.

Open Text Corporation (OTEX) has four Canadian institutional filers reporting a combined beneficial ownership of 25,342,398 common shares, equal to 10.02% of the outstanding class as of the 09/30/2025 event date. Individual holdings disclosed include 21,150,154 shares (Jarislowsky, Fraser Limited, 8.3624%), 3,485,528 shares (1832 Asset Management, 1.3781%), 410,284 shares (Scotia McLeod, 0.1622%), and 296,432 shares (MD Financial Management, 0.1172%). The filers certify these shares are held in the ordinary course of business and not for the purpose of changing or influencing control.

Open Text Corp (OTEX) filed a Form 144 reporting a proposed sale of 108,320 common shares acquired by exercise of options under a registered plan and to be sold through Morgan Stanley Smith Barney LLC on 10/07/2025. The filing lists an $4,108,306.80 aggregate market value and shows 254,316,690 shares outstanding, placing the proposed sale at a small fraction of the outstanding base. The filing also discloses a prior disposition by the same account of 217,957 shares on 09/05/2025 with gross proceeds of $7,232,772.28. The signer represents no undisclosed material adverse information.

OpenText Corporation appointed George Schindler to its board of directors on October 6, 2025. Mr. Schindler served as President and Chief Executive Officer of CGI Inc. from 2016 to 2024 and previously held senior operating roles at CGI, bringing multi‑year leadership experience in large IT services operations. He is eligible to participate in OpenText’s Director’s Deferred Share Unit Plan, under which non‑management directors may elect to defer retainers and fees into common shares, and will receive standard non‑employee director compensation. The Board concluded Mr. Schindler is independent under applicable Canadian and U.S. rules and NASDAQ/Toronto Stock Exchange standards. The company disclosed there are no related‑party arrangements or family relationships requiring reporting. A press release announcing the appointment is filed as Exhibit 99.1.

Open Text Corp (OTEX) filed a Form 144 notice disclosing a proposed sale of 217,957 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $7,232,772.27. The filing lists 254,316,690 shares outstanding, and indicates an approximate sale date of 09/05/2025 on NASDAQ. The shares were acquired by the seller through previously exercised options on multiple dates in 2019, 2020 and 2021, and were paid for in cash. The filer states there were no securities sold by the person in the past three months and signs the required representations about lacking undisclosed material information.

OpenText appointed James McGourlay as Interim Chief Executive Officer effective immediately on August 11, 2025. He will receive an additional premium of C$25,695 per pay period while serving as interim CEO and for fiscal 2026 will be eligible for targeted annual variable compensation equal to 100% of his annual base salary (inclusive of the premium). He is also eligible for a target award of US$281,250 in restricted and performance share units. No other employment terms will change.