---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-006535"
form_type: "8-K"
ticker: null
cik: "0001679379"
company_name: "NYIAX, INC."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:22:14.742317+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NYIAX appoints Teresa Gallo as CEO; $400K salary, IPO-contingent early exit clause

## Summary
- Appointed Teresa Gallo as CEO effective Jan 19, 2024; interim CEO role eliminated.
- Annual base salary $400,000; commencement deferred until IPO or 45 days.
- Severance: 12 months base salary, accelerated vesting if terminated without cause or non-renewal.
- Early termination right: if IPO not done by Feb 14, 2024, executive may terminate with no severance.
- Initial term 2 years, auto-renew annually; board nomination at term end if not terminated for cause.

## SEC filing metadata
- accession: 0001213900-24-006535
- form_type: 8-K
- cik: 0001679379
- company_name: NYIAX, INC.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679379/000121390024006535/0001213900-24-006535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679379/000121390024006535/ea192212-8k_nyiax.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-006535
- JSON: https://secwatch.observer/filing/0001213900-24-006535.json
- Plain text: https://secwatch.observer/filing/0001213900-24-006535.txt

## Key facts
- Executive change
  Teresa Gallo was appointed as Chief Executive Officer at NYIAX, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On January 19, 2024, the Board of Directors (the “Board”) of the Company appointed Teresa Gallo as the Chief Executive Officer (the “CEO”) of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679379/000121390024006535/0001213900-24-006535-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.