Welcome to our dedicated page for Open Text SEC filings (Ticker: OTEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Open Text Corporation filings document material events for a Canadian enterprise software issuer whose common shares trade on Nasdaq and the TSX. Recent Form 8-K reports cover quarterly financial results, preliminary revenue expectations, cash dividend declarations, and capital-return actions including a normal course issuer bid for common share repurchases.
The filing record also documents governance and executive-officer changes, employment agreement disclosure, and portfolio management actions, including the completed divestiture of Vertica from OpenText's non-core Analytics portfolio. Exhibits to these reports include press releases and, where applicable, agreement materials and Inline XBRL cover-page data.
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 Corporation disclosed that it has signed a definitive agreement to divest its on-premise eDOCS solution, which is part of its Analytics portfolio, to NetDocuments. The transaction is valued at US$163 million in cash, meaning Open Text is set to receive cash proceeds while transferring this specific product line to the buyer. The agreement reflects a targeted portfolio move focused on this on-premise solution, rather than a broader business sale. The company also issued a press release on October 2, 2025, providing further details on the divestiture.
Open Text Corporation furnished an investor presentation as a corporate update for analysts and investors, beginning on or after September 8, 2025. The presentation is attached as Exhibit 99.1 and is also available on the Events & Presentations section of the company’s website.
The company states that this information is being provided under Regulation FD and is considered “furnished,” not “filed,” which limits how it is treated under U.S. securities laws. The materials include forward-looking statements and are subject to the safe harbor provisions in U.S. and Canadian securities laws, and should be read together with the risk factors in the company’s annual and quarterly reports.
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.
OpenText named Cosmin Balota as interim Chief Financial Officer effective August 15, 2025. While retaining his SVP, Chief Accounting Officer role, Mr. Balota will receive an additional C$4,688 per pay period while serving as interim CFO, a completion bonus of C$100,000 payable three months after his interim service ends, and a grant of 20,000 stock options that vest 25% each year over four years. No other employment terms will change.
OpenText announced an immediate executive leadership transition: James McGourlay was appointed Interim Chief Executive Officer and Mark J. Barrenechea was transitioned from his roles as CEO, Chief Technology Officer and Vice Chairman, effective immediately. The Board designated P. Thomas Jenkins as Executive Chair and Chief Strategy Officer and established an Executive Committee to support leadership during the transition; members include Jenkins (Chair), McGourlay (Interim CEO), Paul Duggan, Todd Cione, Cosmin Balota (Interim CFO & Chief Accounting Officer) and Michael Acedo.
The Board also named Major-General (Ret.) David Fraser as independent Lead Director and formed a CEO Search Committee of independent directors that will retain a leading executive search firm to identify the company’s next CEO. The filing notes Mr. McGourlay previously served as Executive Vice President, International Sales since 2021, leading sales across Asia, Japan, Latin America and Advancing Market regions, and states there are no arrangements, family relationships or related transactions requiring disclosure regarding his appointment.