secwatch.observer — SEC 8-K summary
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Issuer:     PROTHENA CORP PUBLIC LTD CO (PRTA)
CIK:        0001559053
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001193125-25-169367
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prothena Biosciences enters employment agreements with CFO, COO, CSO; base salaries set at $518K-$604K
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559053/000119312525169367/0001193125-25-169367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559053/000119312525169367/d28458d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-169367

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer