secwatch.observer — SEC 8-K summary
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Issuer:     PSYCHEMEDICS CORP (PMDI)
CIK:        0000806517
Form:       8-K
Filed at:   2022-06-09T23:59:59+00:00
Accession:  0001171843-22-004265
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Psychemedics adds two directors, Kamin and Nevin, expands board to six at Aug. 12 annual meeting; Tomenson retires
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806517/000117184322004265/0001171843-22-004265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806517/000117184322004265/f8k_060922.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-004265

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