8-Kfiled June 9, 2022, 7:59 PM ETticker PMDICIK 0000806517
other materialconfidence highsentiment neutralmateriality 0.60
Psychemedics adds two directors, Kamin and Nevin, expands board to six at Aug. 12 annual meeting; Tomenson retires
PSYCHEMEDICS CORP
Board increases from 5 to 6 directors; Peter H. Kamin and Darius G. Nevin nominated for election at Aug. 12, 2022 annual meeting.
Walter S. Tomenson, Jr. will retire as director at the 2022 annual meeting after more than 20 years of service.
Cooperation Agreement with Kamin entities (beneficial owners of ~11.1% of PMD common stock) includes standstill until ~20 business days before 2023 annual meeting deadline.
Kamin and Nevin will serve on committees: Kamin on Compensation, Nominating, Strategic Alternatives; Nevin on Compensation, Audit, Strategic Alternatives.
On June 9, 2022, Walter S. Tomenson, Jr., a director of the Board notified the Company that he will be retiring from the Board at the 2022 Annual Meeting.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Walter S. Tomenson, Jr. departed as Director at PSYCHEMEDICS CORP.
Action
retiring
Role
Director
Exact text from the filing
On June 9, 2022, Walter S. Tomenson, Jr., a director of the Board notified the Company that he will be retiring from the Board at the 2022 Annual Meeting.
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