secwatch.observer — SEC 8-K summary
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Issuer:     PSYCHEMEDICS CORP (PMDI)
CIK:        0000806517
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001171843-24-000431
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806517/000117184324000431/0001171843-24-000431-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806517/000117184324000431/f8k_012624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000431

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