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[8-K] Open Text Corp Reports Material Event

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(Neutral)
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(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Open Text (NASDAQ:OTEX) filed a Form 8-K on June 26, 2025 reporting the appointment of Kristen Ludgate, former HP Chief People Officer and 3M EVP & CHRO, to its Board of Directors. She will receive standard non-employee director compensation and may defer fees into shares through the company鈥檚 Director鈥檚 Deferred Share Unit Plan. No other material business, financial, or strategic changes were disclosed.

Open Text (NASDAQ:OTEX) ha presentato un modulo 8-K il 26 giugno 2025, annunciando la nomina di Kristen Ludgate, ex Chief People Officer di HP e EVP & CHRO di 3M, nel suo Consiglio di Amministrazione. Ricever脿 una retribuzione standard come amministratore non esecutivo e potr脿 differire i compensi in azioni tramite il Piano di Unit脿 Azionarie Differite per Amministratori della societ脿. Non sono state comunicate altre modifiche rilevanti di natura commerciale, finanziaria o strategica.

Open Text (NASDAQ:OTEX) present贸 un Formulario 8-K el 26 de junio de 2025, informando sobre el nombramiento de Kristen Ludgate, ex Chief People Officer de HP y EVP & CHRO de 3M, en su Junta Directiva. Recibir谩 la compensaci贸n est谩ndar para directores no empleados y podr谩 diferir honorarios en acciones a trav茅s del Plan de Unidades de Acciones Diferidas para Directores de la compa帽铆a. No se divulgaron otros cambios materiales en los negocios, financieros o estrat茅gicos.

Open Text (NASDAQ:OTEX)電� 2025雲� 6鞗� 26鞚检棎 鞝滌稖頃� Form 8-K毳� 韱淀暣 鞝� HP 斓滉碃鞚胳偓毂呾瀯鞛愳澊鞛� 3M EVP 瓴� CHRO鞚� Kristen Ludgate毳� 鞚挫偓須岇棎 靹犾瀯頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 攴鸽厐電� 牍勳瀯鞗� 鞚挫偓鞐� 雽�頃� 響滌 氤挫垬毳� 氚涭溂氅� 須岇偓鞚� 鞚挫偓 歆�鞐� 欤检嫕 雼渼 瓿勴殟鞚� 韱淀暣 氤挫垬毳� 欤检嫕鞙茧 鞚挫棸頃� 靾� 鞛堨姷雼堧嫟. 攴� 鞕胳棎 欷戩殧頃� 靷梾鞝�, 鞛鞝� 霕愲姅 鞝勲灥鞝� 氤�頇旊姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.

Open Text (NASDAQ:OTEX) a d茅pos茅 un formulaire 8-K le 26 juin 2025, annon莽ant la nomination de Kristen Ludgate, ancienne Chief People Officer chez HP et EVP & CHRO chez 3M, au sein de son conseil d'administration. Elle recevra une r茅mun茅ration standard en tant qu'administratrice non salari茅e et pourra diff茅rer ses honoraires en actions via le Plan d'Unit茅s d'Actions Diff茅r茅es pour Administrateurs de la soci茅t茅. Aucune autre modification significative d'ordre commercial, financier ou strat茅gique n'a 茅t茅 divulgu茅e.

Open Text (NASDAQ:OTEX) reichte am 26. Juni 2025 ein Formular 8-K ein und berichtete 眉ber die Ernennung von Kristen Ludgate, ehemalige Chief People Officer bei HP und EVP & CHRO bei 3M, in den Vorstand. Sie erh盲lt die 眉bliche Verg眉tung f眉r nicht angestellte Direktoren und kann Honorare im Rahmen des Director鈥檚 Deferred Share Unit Plans des Unternehmens in Aktien umwandeln. Weitere wesentliche gesch盲ftliche, finanzielle oder strategische 脛nderungen wurden nicht bekannt gegeben.

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Open Text (NASDAQ:OTEX) ha presentato un modulo 8-K il 26 giugno 2025, annunciando la nomina di Kristen Ludgate, ex Chief People Officer di HP e EVP & CHRO di 3M, nel suo Consiglio di Amministrazione. Ricever脿 una retribuzione standard come amministratore non esecutivo e potr脿 differire i compensi in azioni tramite il Piano di Unit脿 Azionarie Differite per Amministratori della societ脿. Non sono state comunicate altre modifiche rilevanti di natura commerciale, finanziaria o strategica.

Open Text (NASDAQ:OTEX) present贸 un Formulario 8-K el 26 de junio de 2025, informando sobre el nombramiento de Kristen Ludgate, ex Chief People Officer de HP y EVP & CHRO de 3M, en su Junta Directiva. Recibir谩 la compensaci贸n est谩ndar para directores no empleados y podr谩 diferir honorarios en acciones a trav茅s del Plan de Unidades de Acciones Diferidas para Directores de la compa帽铆a. No se divulgaron otros cambios materiales en los negocios, financieros o estrat茅gicos.

Open Text (NASDAQ:OTEX)電� 2025雲� 6鞗� 26鞚检棎 鞝滌稖頃� Form 8-K毳� 韱淀暣 鞝� HP 斓滉碃鞚胳偓毂呾瀯鞛愳澊鞛� 3M EVP 瓴� CHRO鞚� Kristen Ludgate毳� 鞚挫偓須岇棎 靹犾瀯頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 攴鸽厐電� 牍勳瀯鞗� 鞚挫偓鞐� 雽�頃� 響滌 氤挫垬毳� 氚涭溂氅� 須岇偓鞚� 鞚挫偓 歆�鞐� 欤检嫕 雼渼 瓿勴殟鞚� 韱淀暣 氤挫垬毳� 欤检嫕鞙茧 鞚挫棸頃� 靾� 鞛堨姷雼堧嫟. 攴� 鞕胳棎 欷戩殧頃� 靷梾鞝�, 鞛鞝� 霕愲姅 鞝勲灥鞝� 氤�頇旊姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.

Open Text (NASDAQ:OTEX) a d茅pos茅 un formulaire 8-K le 26 juin 2025, annon莽ant la nomination de Kristen Ludgate, ancienne Chief People Officer chez HP et EVP & CHRO chez 3M, au sein de son conseil d'administration. Elle recevra une r茅mun茅ration standard en tant qu'administratrice non salari茅e et pourra diff茅rer ses honoraires en actions via le Plan d'Unit茅s d'Actions Diff茅r茅es pour Administrateurs de la soci茅t茅. Aucune autre modification significative d'ordre commercial, financier ou strat茅gique n'a 茅t茅 divulgu茅e.

Open Text (NASDAQ:OTEX) reichte am 26. Juni 2025 ein Formular 8-K ein und berichtete 眉ber die Ernennung von Kristen Ludgate, ehemalige Chief People Officer bei HP und EVP & CHRO bei 3M, in den Vorstand. Sie erh盲lt die 眉bliche Verg眉tung f眉r nicht angestellte Direktoren und kann Honorare im Rahmen des Director鈥檚 Deferred Share Unit Plans des Unternehmens in Aktien umwandeln. Weitere wesentliche gesch盲ftliche, finanzielle oder strategische 脛nderungen wurden nicht bekannt gegeben.

0001002638false00010026382025-06-262025-06-26


 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
FORM 8-K
______________________

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 26, 2025
______________________
Open Text Corporation
(Exact name of Registrant as specified in its charter)
______________________
Canada0-2754498-0154400
(State or Other Jurisdiction
of Incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
275 Frank Tompa Drive, Waterloo, Ontario, Canada N2L 0A1
(Address of principal executive offices)
(519) 888-7111
(Registrant's telephone number, including area code)
______________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class 
Trading Symbol(s)Name of each exchange on which registered
Common stock without par valueOTEXNASDAQ Global Select Market
  
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 26, 2025, the Board of Directors (the “Board”) of Open Text Corporation (“OpenText”) announced the appointment of Kristen Ludgate to its board of directors. Ms. Ludgate is a seasoned executive and strategic advisor on global workforce and human resource strategies. Most recently, Ms. Ludgate served as Chief People Officer at HP Inc.
Prior to joining HP, Ms. Ludgate spent more than 15 years at 3M Company, with her most recent role as Executive Vice President and Chief Human Resources Officer. Ms. Ludgate has a bachelor's degree from Bowdoin College and a J.D. from University of Minnesota Law School. Ms. Ludgate currently serves on the Board of Directors of Associated Bank, a publicly-traded bank, and is a member of their Compensation and Benefits and Corporate Governance and Social Responsibilities committees.
Ms. Ludgate will participate in OpenText’s Director’s Deferred Share Unit Plan (the “DSU Plan”), whereby any non-management director of OpenText may elect to defer all or part of his or her retainer and/or fees in the form of common shares. A copy of the DSU Plan is filed as Exhibit 10.4 to OpenText’s Annual Report on Form 10-K for the year ended June 30, 2024, filed with the Securities and Exchange Commission on August 1, 2024. In addition, Ms. Ludgate will receive compensation for her service on the Board consistent with OpenText’s standard compensation practice for non-employee directors.
On June 26, 2025, OpenText issued a press release announcing the appointment of Ms. Ludgate to the Board, a copy of which is filed herewith as Exhibit 99.1.
Item 8.01. Other Events.
Incorporated by reference is a press release issued by OpenText on June 26, 2025, which is attached hereto as Exhibit 99.1.
Item  9.01    Financial Statements and Exhibits
(d)    Exhibits
Exhibit No. 
Description
 
99.1
Press Release, dated June 26, 2025.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

  OPEN TEXT CORPORATION
June 26, 2025
 By:/s/ Michael F. Acedo
   
Michael F. Acedo
Executive Vice-President, Chief Legal Officer & Corporate Secretary


Source:

FAQ

Who was appointed to Open Text's board on June 26 2025?

The company appointed Kristen Ludgate, previously Chief People Officer at HP and EVP & CHRO at 3M.

Will Kristen Ludgate receive equity as part of her compensation at [[**OTEX**]]?

Yes. She may defer fees into shares under the Director鈥檚 Deferred Share Unit Plan referenced in the filing.

Did the 8-K announce any changes to Open Text's financial guidance?

No. The filing solely covers the new director appointment; no financial guidance or operational changes were provided.
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Open Text Corp

NASDAQ:OTEX

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[8-K] Open Text Corp Reports Material Event

OTEX Stock Data

7.96B
253.14M
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Software - Application
Services-computer Integrated Systems Design
Canada
ONTARIO CANADA