PMI Picard Medical, Inc.
Price Chart
Executive Summary
Picard Medical terminated CFO Bernard Skaggs effective June 1, 2026, and appointed Georgina Smith as Chief Accounting Officer. No replacement CFO was named, and the filing provides no reason for the termination, which is a red flag for a small-cap company.
Actionable Insight
The abrupt termination of the CFO without explanation at a $16M market cap company is a governance red flag. Monitor for further executive departures or a delayed 10-Q filing. If no CFO is named within weeks, expect increased volatility and potential sell-off.
Key Facts
- CFO Bernard Skaggs was terminated effective June 1, 2026, with no reason given.
- Georgina Smith, 54, appointed Chief Accounting Officer effective June 1, 2026.
- No replacement CFO was named; the CAO role is a step down from CFO.
- Smith's prior role was Controller of a subsidiary (SynCardia) for only 5 months.
- Market cap is $16M, making the loss of a key C-suite officer more significant.
Financial Impact
No financial figures provided in the filing.
Risk Factors
- CFO vacancy creates accounting and reporting risk, especially for a small-cap.
- Potential for further executive departures or internal turmoil.
- No reason given for termination — could indicate undisclosed issues.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-019099 |
| Document: 0001437749-26-019099-index-headers.html | 0001437749-26-019099 |
| Document: 0001437749-26-019099-index.html | 0001437749-26-019099 |
| Document: 0001437749-26-019099.txt | 0001437749-26-019099 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
12d ago
|
Press Release
| $0.2700 $0.3080 | ▲ +14.07% | ▲ +14.77% | $0.1790 (−33.70%) |
|
Jun 2, 2026
12d ago
|
8-K
| $0.2700 $0.3080 | ▼ −14.07% | ▼ −14.77% | $0.1790 (+33.70%) |
|
Jun 1, 2026
14d ago
|
EFFECT
| $0.1680 $0.2700 | ▼ −60.71% | ▼ −60.57% | $0.1790 (−6.55%) |
|
May 29, 2026
16d ago
|
8-K
| $0.1480 $0.1680 | ▲ +13.51% | ▲ +13.26% | $0.1790 (+20.95%) |
|
May 29, 2026
16d ago
|
Press Release
| $0.1480 $0.1684 | ▲ +13.78% | ▲ +13.51% | $0.1790 (+20.95%) |
|
May 21, 2026
24d ago
|
Press Release
| $0.1410 $0.1510 | ▼ −7.09% | ▼ −6.65% | $0.1790 (−26.95%) |
|
May 20, 2026
25d ago
|
S-1
| $0.1410 $0.1510 | ▲ +7.09% | ▲ +6.65% | $0.1790 (+26.95%) |
|
May 6, 2026
5w ago
|
424B4
| $0.2320 $0.2210 | ▲ +4.74% | ▲ +4.41% | $0.1790 (+22.84%) |
|
May 5, 2026
5w ago
|
8-K
| $0.2100 $0.2320 | ▼ −10.48% | ▼ −9.09% | $0.1790 (+14.76%) |
|
Apr 22, 2026
7w ago
|
8-K
| $0.9070 $0.8430 | ▼ −7.06% | ▼ −6.66% | $0.1790 (−80.26%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access