---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-006571"
form_type: "8-K"
ticker: "PMDI"
cik: "0000806517"
company_name: "PSYCHEMEDICS CORP"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:20:54.763892+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Psychemedics shareholders approve reverse-forward stock split and ratify stock purchase agreement

## Summary
- Re-elected five directors: Robyn C. Davis, Brian Hullinger, Peter H. Kamin, Darius G. Nevin, Andrew M. Reynolds with votes ranging 3.70–3.73M for.
- Approved reverse stock split (ratio 1:4,000–6,000) and immediate forward split (4,000–6,000:1); Board sets exact ratio.
- Ratified Stock Purchase Agreement dated Aug 12, 2024, with 2,981,855 for vs 1,091,026 against.
- Non-binding advisory vote on executive compensation passed with 3,654,822 for; auditor Whitley Penn LLP ratified for FY 2024.
- Reverse split vote: 3,002,727 for, 1,099,996 against; broker non-votes 1,104,904.

## SEC filing metadata
- accession: 0001171843-24-006571
- form_type: 8-K
- ticker: PMDI
- cik: 0000806517
- company_name: PSYCHEMEDICS CORP
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/806517/000117184324006571/0001171843-24-006571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/806517/000117184324006571/f8k_112524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-006571
- JSON: https://secwatch.observer/filing/0001171843-24-006571.json
- Plain text: https://secwatch.observer/filing/0001171843-24-006571.txt

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