Cherubini Marco sold NKLR
October 16, 2025 · Form 4 insider transaction
Cherubini Marco sold 2,176 shares of Terra Innovatum Global N.V., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each of the Issuer's Preferred Shares, par value EUR 100 per share, is convertible into 10,000 Ordinary Shares, par value EUR 0.01 per share, provided certain targets are satisfied. On October 16, 2025, conditions were met to convert 50% of the Preferred Shares held by certain shareholders. These shares remain subject to resale restrictions.; Marco Cherubini holds 50% of the ownership interests in Nineng s.r.l. ("Nineng"). By virtue of this relationship, Mr. Cherubini may be deemed to beneficially own the shares held of record by Nineng. Mr. Petruzzi disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.