Christopher James McGourlay, executive of Open Text Corporation (TSX:OTEX), exercised 20,057 options or warrants at an exercise price of US$25.04 and sold 10,737 Common Shares OTEX Common on the open market at an average of US$25.04, a US$269K sale (about C$380K) on Nov 6, 2026, disclosed Nov 10, 2026.
The exercise and sale increased the direct holding by about 22%. McGourlay now holds 51,717 shares directly, worth about C$1.8M at the Nov 10, 2026 close. 5 other insiders at the company also sold in the 7 days to Nov 10, 2026.
OTEX closed at C$34.86 on Nov 10, 2026, up 4.5% over the prior three months. In the 52 weeks to that date it closed between C$28.34 and C$48.96, and that close was 29% below the high.
