Genenta Science S.p.A. (GNTA) Form 6-K — Jun 24, 2026
Genenta Science entered into a Parachute Agreement with CEO Pierluigi Paracchi on June 19, 2026, guaranteeing him a lump-sum severance payment equal to twelve months of gross remuneration. Additionally, the agreement includes a payment equal to his target annual bonus, capped at 40% of his annual gross remuneration, upon qualifying termination events. Concurrently, the company amended the non-compete covenant in Paracchi's employment contract to clarify and narrow the scope of restricted activities.
Key figures
- Bonus Percentage Cap
- 40%
- Severance Duration Months
- 12
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