Kaltura Inc. has announced a new Severance Plan, adopted by the company's Compensation Committee on June 27, 2025. The plan outlines severance payments and benefits for key executives, including CEO Ron Yekutiel, CFO John Doherty, Chief Product Officer Eynav Azariya, and Chief Customer Officer Natan Israeli, in the event of a Qualifying Termination or a Qualifying CIC Termination. Under the plan, executives will receive a notice period with continued compensation, along with extended salary payments post-termination. The plan also addresses the treatment of equity awards and supersedes previous severance provisions in existing agreements. The complete text of the Severance Plan is available in Kaltura's Form 8-K filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.