---
schema_version: "secwatch.filing_event.v1"
accession: "0001019056-22-000518"
form_type: "8-K"
ticker: "MODD"
cik: "0001074871"
company_name: "Modular Medical, Inc."
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:33:34.546703+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Modular Medical appoints Kevin Schmid as COO; $250K salary, 175K share option

## Summary
- Kevin Schmid appointed COO on July 21, 2022, effective immediately.
- Annual salary $250,000 with discretionary target bonus up to 50% of base salary.
- Granted option for 175,000 shares vesting over 3 years; 1/3 at one year, then monthly.
- Severance: six months salary if terminated without cause. Previously VP at Insulet, CEO at Common Sensing.

## SEC filing metadata
- accession: 0001019056-22-000518
- form_type: 8-K
- ticker: MODD
- cik: 0001074871
- company_name: Modular Medical, Inc.
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/0001019056-22-000518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/modular_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019056-22-000518
- JSON: https://secwatch.observer/filing/0001019056-22-000518.json
- Plain text: https://secwatch.observer/filing/0001019056-22-000518.txt

## Key facts
- Executive change
  Kevin Schmid was appointed as Chief Operating Officer at Modular Medical, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On July 21, 2022, the Board of Directors (the “Board”) of Modular Medical, Inc. (the “Company”) appointed Kevin Schmid as Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074871/000101905622000518/0001019056-22-000518-index.htm

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