---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000431"
form_type: "8-K"
ticker: "PMDI"
cik: "0000806517"
company_name: "PSYCHEMEDICS CORP"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T17:00:39.871876+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Psychemedics sets 2024 CEO cash bonus target at $190,000; other execs at 25-40% of salary

## Summary
- CEO Brian Hullinger's 2024 bonus target is $190,000 with a maximum of $285,000 tied to financial and individual goals.
- Other executive officers can earn cash bonuses of 25% to 40% of base salary under the 2024 plan.
- Actual payouts are subject to Compensation Committee discretion after fiscal year-end performance review.
- No changes to base salary or equity compensation were disclosed in the filing.

## SEC filing metadata
- accession: 0001171843-24-000431
- form_type: 8-K
- ticker: PMDI
- cik: 0000806517
- company_name: PSYCHEMEDICS CORP
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/806517/000117184324000431/0001171843-24-000431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/806517/000117184324000431/f8k_012624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000431
- JSON: https://secwatch.observer/filing/0001171843-24-000431.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000431.txt

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