other_material
confidence high
sentiment neutral
materiality 0.25
Prothena Biosciences enters employment agreements with CFO, COO, CSO; base salaries set at $518K-$604K
PROTHENA CORP PUBLIC LTD CO
- CFO Tran Nguyen base $603,792 (50% bonus target); COO Brandon Smith $544,201 (50%); CSO Wagner Zago $518,000 (40%).
- Severance without cause or for good reason: 100% base salary, 100% target bonus, up to 12 months COBRA.
- Change-in-control severance: 150% base, 150% target bonus, up to 18 months COBRA plus equity acceleration.
- Agreements memorialize benefits consistent with existing severance plan; no change in roles or compensation levels.
item 5.02item 9.01