Open Text insider plans Rule 144 sale of 1,961 shares

OPEN TEXT CORPORATION (OTEX) insider Paul Michael Duggan has filed a notice of proposed sale under Rule 144 for 1,961 shares of common stock of Open Text Corporation to be sold through Morgan Stanley Smith Barney LLC.

Rhea-AI Filing Summary

OPEN TEXT CORPORATION (OTEX) insider Paul Michael Duggan has filed a notice of proposed sale under Rule 144 for 1,961 shares of common stock of Open Text Corporation to be sold through Morgan Stanley Smith Barney LLC.

The notice states that Open Text had 242,126,739 common shares outstanding and that Duggan previously sold 1,961 shares during the past three months for $49,025.00.

Key Figures

Shares proposed for sale under Rule 144: 1,961 shares Shares sold in past 3 months: 1,961 shares Value of past 3‑month sale: $49,025.00 +3 more

6 metrics

Shares proposed for sale under Rule 144 1,961 shares Common stock of Open Text Corporation covered by the notice

Shares sold in past 3 months 1,961 shares Common stock sold on August 21, 2026

Value of past 3‑month sale $49,025.00 Total consideration for 1,961 shares sold on August 21, 2026

Shares outstanding 242,126,739 shares Open Text common stock outstanding as referenced in the notice

Planned sale reference date August 5, 2026 Date associated with the restricted stock to be sold

Signature date September 14, 2026 Date the notice was signed by Paul Michael Duggan

Key Terms

Rule 144, restricted stock, securities to be sold, securities sold during the past 3 months, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock financial

"Common | 08/05/2026 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

securities to be sold financial

"144: Securities To Be Sold"

securities sold during the past 3 months financial

"144: Securities Sold During The Past 3 Months"

common stock financial

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 notice disclose for OPEN TEXT CORPORATION (OTEX)?

It discloses that Paul Michael Duggan intends to sell 1,961 shares of Open Text common stock under Rule 144 through Morgan Stanley Smith Barney LLC, and that he previously sold 1,961 shares for $49,025.00 in the prior three months.

How many OTEX shares are planned to be sold under this Rule 144 notice?

The notice covers a proposed sale of 1,961 shares of Open Text common stock under Rule 144, with the securities held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.

What prior sales by Paul Duggan in OTEX stock are reported?

The document reports that 1,961 shares of Open Text common stock were sold on August 21, 2026 for total proceeds of $49,025.00 during the past three months.

How many Open Text (OTEX) shares were outstanding as referenced in the notice?

The notice states that there were 242,126,739 shares of Open Text common stock outstanding, providing context for the relative size of the proposed Rule 144 sale.

What type of OTEX security is involved in this Form 144?

The security is common stock of Open Text Corporation, described as restricted stock that is proposed to be sold pursuant to Rule 144 through a brokerage account.

On what dates are the OTEX transactions and notice associated?

The notice references a proposed sale related to August 5, 2026, a prior sale on August 21, 2026, and is signed and dated September 14, 2026 by Paul Michael Duggan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 06:12 PM Accepted by SEC EDGAR 09/14/2026 - 06:12 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001983825
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	OPEN TEXT CORPORATION
SEC File Number	000-27544
Address of Issuer	275 FRANK TOMPA DRIVE WATERLOO ONTARIO, CANADA N2L 0A1
Phone	519-888-7111
Name of Person for Whose Account the Securities are To Be Sold	PAUL DUGGAN
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1961	47044.39	242126739	09/14/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/05/2026	Restricted Stock	Issuer			1961	08/05/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PAUL DUGGAN 275 FRANK TOMPA DRIVE WATERLOO A6 N2L 0A1	Common	08/21/2026	1961	49025.00

144: Remarks and Signature

Remarks
Date of Notice	09/14/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Paul Michael Duggan
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)