secwatch.observer — SEC 8-K summary
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Issuer:     Terra Innovatum Global N.V. (NKLR)
CIK:        0002067627
Form:       8-K/A
Filed at:   2026-05-22T20:35:09+00:00
Accession:  0001213900-26-060617
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terra Innovatum corrects Frepoli 2026 comp from €5M to €500K; discloses executive bonuses
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- Correction reduces Cesare Frepoli's FY2026 fixed compensation from EUR 5,000,000 to EUR 500,000.
- CEO Petruzzi: EUR 500K (FY2025), EUR 558K (FY2026); CSO Morichi: EUR 400K/450K; COO Frepoli: EUR 450K/500K.
- Subsidiary-level bonus payments approved Dec 2025: Petruzzi EUR 130,374; Cherubini, Frepoli each EUR 116,832; Morichi EUR 105,144; Moyen $100,002; Morichi Atelier $131,400.
- Additional payments: Petruzzi EUR 75,000, Cherubini EUR 75,000, Frepoli EUR 47,700.
- Directorship agreements include one-year term, change-in-control severance of 18 months' compensation plus target bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2067627/000121390026060617/0001213900-26-060617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2067627/000121390026060617/ea0292062-8ka2_terra.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-060617

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