S&P 500 Technology Sector SEC Filings — April 23, 2026

USA S&P 500 Technology

10 high priority16 medium priority26 total filings analysed

Executive Summary

Across 26 filings from S&P 500 Technology stream and related sectors, Q1 2026 results reveal mixed performance with strong revenue growth in tech names (avg +17% YoY for ServiceNow +22%, Lam Research +23.8%, IBM +9%, Knowles +16%) offset by expense pressures and flat incomes, while banks show NIM expansions (e.g., Dime 3.21%, Amalgamated +9bps to 3.75%) but rising provisions/NPLs (Amalgamated NPA to 1.08%, Dime NPL $57.1M). Capital allocation favors shareholder returns via buybacks (ServiceNow $2.225B, Lam $3.6B treasury), dividends (Esquire +14% to $0.20, Community West $0.12), and debt management (CHS tender $600M notes). M&A catalysts cluster in Q2 2026 (Pershing Vantage close, multiple bank mergers), with forward guidance stable (Iridium FY service flat-+2%, Knowles Q2 $152-162M rev). Portfolio trends highlight tech outperformance vs financials' credit risks, with 14/20 Q1 reporters mixed sentiment due to YoY income volatility despite top-line gains. Key implication: Rotate into high-growth tech amid bank margin resilience but watch credit deterioration.

Tracking the trend? Catch up on the prior S&P 500 Technology Sector SEC Filings digest from April 16, 2026.

Investment Signals(12)

  • ServiceNow(BULLISH)

    Q1 revenues +22% YoY to $3,770M (subscription +22% to $3,671M), operating cash flow stable at $1,670M despite $2.225B buybacks signaling conviction

  • Q3 FY2026 rev +23.8% YoY to $5,841M, net income +37.2% to $1,825M, 9-mo rev +24.5%, operating cash +22% YoY to $4,400M

  • IBM(BULLISH)

    Q1 rev +9% YoY to $15,917M (Sales +13%, Services +6%), net income +15% to $1,216M ($1.28 EPS), operating cash +18% to $5,169M

  • Knowles(BULLISH)

    Q1 rev +16% YoY to $153.1M, non-GAAP gross margin +390bps to 45.5%, diluted EPS +50% to $0.27, Q2 guidance rev $152-162M

  • Q1 net income +67% YoY to $32.8M ($0.75 EPS), +9% QoQ, NIM expands to 3.21%, core deposits +$999M YoY

  • Q1 net income +7% YoY to $12.2M, total rev +19.8% YoY to $40.5M, NIM 6.04%, quarterly div +14% to $0.20, Signature merger progress

  • Q1 net income +38.6% YoY to $11.5M ($0.60 EPS), NIM +6bps QoQ to 4.30%, total risk-based capital 14.24%

  • ACNB Corp(BULLISH)

    Q1 net income $13.7M ($1.32 EPS) vs loss YoY, NIM +39bps to 4.46%, loans +0.8% QoQ to $2.35B, NPL stable 0.41%

  • Q1 net rev +9.7% QoQ to $93.4M, NIM +9bps to 3.75%, deposits +2.9% QoQ to $8.2B despite provision spike

  • Q1 net income +40% YoY to $2.8M ($0.28 EPS), NII +11.6% to $11.4M, NIM to 3.10%, merger approvals received

  • Q1 rev +2% YoY to $219.1M, billable subscribers +5% to 2.555M, commercial IoT led growth, FY OEBITDA $480-490M reiterated

  • 13F shows $10.1B NVDA, $2.2B AMD holdings (top after ETFs), signaling conviction in semis amid portfolio concentration

Risk Flags(10)

  • ServiceNow[HIGH RISK]

    Net income +2% YoY only to $469M despite 22% rev growth, op ex +17% to $2,327M, cash equivalents -27% to $2,702M post-buybacks/M&A

  • Q1 net income -29% YoY to $21.6M, OEBITDA -5% to $116.3M, govt subscribers -9% to 121K, equipment sales -13%

  • Provision + to $13.5M (incl $9.2M single borrower reserve), NPA surge to $99.3M (1.08% assets), core income -20% QoQ to $24.1M

  • Total loans -1.3% QoQ/-2.3% YoY to $10.61B, NPL + to $57.1M, provisions + to $12.3M, deposits -1.9% QoQ

  • Q1 rev -12.6% YoY to $790M, net income -38% to $24.4M ($0.84 EPS), home sales -16.9%, op cash use +38% to -$50M

  • Richmond Mutual[MEDIUM RISK]

    Q1 income -18% QoQ to $2.8M, noninterest income -14.7%, NPL to $17.6M (1.48%), provisions +70% to $693K

  • $600M tender for high-yield notes (4.75%/10.875%), signals debt management needs amid potential liquidity strain

  • Immunic Inc[HIGH RISK]

    1-for-10 reverse split effective Apr 27, 2026, often precedes distress/liquidity issues in biotechs

  • CFO transition (Young out Apr30 for PE role, Duckworth interim May1), amid reaffirmed guidance but leadership stability watch

  • ROA down to 2.10%/-29bps YoY, ROE to 16.82%/-2.31pts, efficiency ratio worsens to 51.1%, merger costs $1.3M

Opportunities(10)

  • Lam Research(OPPORTUNITY)

    Strong semi demand with rev +23.8% YoY, inventories -7% QoQ to $4B signaling efficiency, equity +7% to $10.6B post-buybacks

  • S-1/A for PSUS IPO/private placement, $2.1B Vantage acquisition closes Q2 2026, expands AUM under 1940 Act with concentrated growth stakes

  • Knowles Corp(OPPORTUNITY)

    Design wins/backlog in medtech/defense/industrial, exceeded 5-yr growth targets, Q2 EPS guide $0.28-0.32, EBITDA margin +290bps YoY

  • ServiceNow(OPPORTUNITY)

    Subscription dominance (97% rev), goodwill +27% post-M&A to $4.5B, potential for guidance raise on momentum

  • IBM(OPPORTUNITY)

    Acquisitions drove goodwill +10% to $74.7B, rev beats with Sales +13% YoY, cash flow +18% supports further M&A

  • Business loans +$576M YoY, rebrand to Dime Commercial Bank Q2, new hires for growth, NIM expansion

  • Approvals in, votes May26-27, close Q2; Farmers owners get 38% post-merger at 3.40x exchange

  • Progress on merger, loans +$57M QoQ to $1.82B, deposits +$40M QoQ, div hike

  • Closed Apr1 2026 (Q2 impact), NIM 4.30%, capital 14.24%, div $0.12 payable May22

  • Element Squared(OPPORTUNITY)

    Heavy semi exposure (NVDA $10B, AMD $2.2B) in $177B portfolio, track for conviction plays in tech semis

Sector Themes(6)

  • Tech Revenue Acceleration

    5/7 tech filings (ServiceNow, Lam, IBM, Knowles, Iridium) avg +14% YoY rev growth (range 2-24%), driven by subscriptions/services/semis, outpacing financials' flat/declining loans [BULLISH IMPLICATION: Sector rotation into tech]

  • Bank NIM Resilience Amid Provisions

    8/10 banks expanded NIM QoQ/YoY (avg +20bps, e.g., Dime 3.21%, ACNB 4.46%), but provisions/NPLs up avg +50% (Amalgamated $13.5M, Dime $12.3M); signals yield curve benefits offset by credit stress [CAUTION: Monitor CECL trends]

  • Aggressive Capital Returns

    7 filings show buybacks/divs (ServiceNow $2.2B, Lam $3.6B treasury, Esquire +14% div, Dime preferred div), totaling >$6B deployed Q1, vs cash declines (ServiceNow -27%, IBM -20%) prioritizing shareholders [BULLISH: Attractive yields]

  • M&A Catalyst Cluster Q2 2026

    5 deals (Pershing Vantage, Richmond/Farmers, Esquire/Signature, Community West/United done Apr1, Dime hires/rebrand), exchange ratios/terms favorable, expected accretion post-close [OPPORTUNITY: Event-driven plays]

  • Mixed Income vs Topline

    14/20 Q1 reporters mixed sentiment, rev + avg 10% YoY but income flat/-20% (e.g., ServiceNow +2%, Iridium -29%, Century -38%) due to op ex +15% avg, provisions [IMPLICATION: Quality growth scrutiny]

  • Guidance Stability

    Reiterated FY/Q2 outlooks (Iridium flat-+2% service/$480-490M OEBITDA, Knowles $152-162M rev, Acadia FY $3.37-3.45B rev) amid transitions, signaling mgmt confidence [BULLISH: Lower volatility]

Watch List(8)

  • Track NYSE listing, Vantage acquisition close Q2 2026, fee structures/inflation adjustments for AUM expansion [Q2 2026]

  • Shareholder votes May26-27, 2026 close target, post-merger ownership 38% [May 26-27, 2026]

  • FY2026 guidance $480-490M OEBITDA, subscriber trends (commercial IoT vs govt -9%), Q2 earnings for updates [Ongoing FY2026]

  • Q1 results Apr29 post-close, earnings call Apr30 9AM EDT, CFO transition May1, reaffirmed FY $575-610M EBITDA [Apr 29-30, 2026]

  • Q2 guidance rev $152-162M/EPS $0.28-0.32, design wins in medtech/defense, post-divestiture momentum [Q2 2026 earnings]

  • Multifamily CRE concentration 232% risk-based capital, NPA $99M single borrower, Q2 provision trends [Q2 2026]

  • Preferred div record May8/pay May15, NPL $57M/loan decline, rebrand Q2 hires impact [May 8/15, 2026]

  • Post-AGM Apr21 director elections/approvals, executive presentation Exhibit 99.1 for strategy [Ongoing 2026]

Filing Analyses(26)
PERSHING SQUARE HOLDCO, L.P.S-1/Amixedmateriality 9/10

23-04-2026

Pershing Square Holdco, L.P. filed an S-1/A registration statement on April 23, 2026, for the PSUS IPO and PSUS Private Placement, positioning PSUS as its flagship NYSE-listed permanent capital vehicle to materially expand permanent capital AUM under 1940 Act restrictions. The filing details core investment strategy of concentrated long-term stakes in growth companies, fee structures including a predictable $3.75M quarterly HHH Base Management Fee and Preferred Performance Fees, and HHH's transformation via the $2.1B Vantage Acquisition announced December 17, 2025, expected to close in Q2 2026. While highlighting operational efficiencies and investor alignment like fee offsets, it acknowledges risks such as concentrated portfolio exposure and potential portfolio company resistance.

  • ·HHH Services Agreement includes annual inflation adjustments based on Core PCE Price Index.
  • ·PSUS subject to 1940 Act restrictions on investments, leverage, derivatives, and diversification.
  • ·Historical SPVs raised capital for single-name co-investments since 2003.
  • ·Fee offset expanded for PSH in February 2024 to address NAV discount.
  • ·Chipotle investment initiated in 2016, involving board changes and turnaround initiatives.
Richmond Mutual Bancorporation, Inc.8-Kmixedmateriality 9/10

23-04-2026

Richmond Mutual Bancorporation reported Q1 2026 net income of $2.8 million ($0.28 diluted EPS), up 40% from $2.0 million ($0.20 EPS) in Q1 2025 driven by higher net interest income (up 11.6% to $11.4 million) and improved NIM to 3.10%, but down from $3.4 million ($0.35 EPS) in Q4 2025 due to higher provision for credit losses ($693,000 vs $409,000), lower noninterest income (down 14.7%), and higher noninterest expense. Assets, loans, and deposits remained flat at $1.5 billion, $1.2 billion, and $1.1 billion, respectively, while nonperforming loans ticked up to $17.6 million (1.48%). The company provided an update on its merger with Farmers Bancorp, with regulatory approvals received and shareholder votes scheduled for May 26-27, 2026, targeting Q2 2026 close.

  • ·Merger exchange ratio: 3.40 shares of RMBI common stock per Farmers Bancorp share; Farmers shareholders expected to own 38% post-merger.
  • ·Merger agreement signed November 11, 2025; Farmers Bancorp shareholder meeting May 26, 2026; RMBI shareholder meeting May 27, 2026.
  • ·Nonrecurring expenses in Q1 2026: $188K core processor fees, $263K fraud losses, $150K real estate taxes on nonaccrual loan.
  • ·Net charge-offs Q1 2026: $347K vs $369K Q4 2025 and $395K Q1 2025.
  • ·Book value per share $13.80 at March 31, 2026 (down from $13.88 at Dec 31, 2025).
Iridium Communications Inc.8-Kmixedmateriality 9/10

23-04-2026

Iridium Communications Inc. reported Q1 2026 total revenue of $219.1 million, up 2% YoY, driven by 2% service revenue growth to $158.0 million and 5% increase in total billable subscribers to 2,555,000, led by commercial IoT. However, net income declined to $21.6 million from $30.4 million YoY, OEBITDA fell to $116.3 million from $122.1 million due to changes in incentive compensation, equipment sales dropped 13% to $20.2 million, and several segments like commercial broadband (-5%) and government subscribers (-9% to 121,000) underperformed. The company reiterated FY2026 outlook with service revenue flat to +2% and OEBITDA of $480-490 million.

  • ·Commercial service revenue $130.4M, 60% of total revenue.
  • ·Government service revenue $27.6M, up 3% YoY.
  • ·Commercial voice/data ARPU $48 (up from $45).
  • ·Commercial IoT ARPU $7.63 (down from $7.75).
  • ·Commercial broadband ARPU $254 (down from $261).
  • ·Net leverage 3.4x TTM OEBITDA.
  • ·FY2026 OEBITDA guidance $480-490M impacted by $17M incentive comp change.
  • ·Cash taxes < $10M/year through 2027.
Amalgamated Financial Corp.8-Kmixedmateriality 9/10

23-04-2026

Amalgamated Financial Corp. reported strong Q1 2026 results with net revenue of $93.4 million, up 9.7% QoQ from $85.2 million, net interest margin expanding 9 basis points to 3.75%, on-balance sheet deposits growing $228.9 million or 2.9% to $8.2 billion, and net loans increasing $65.5 million or 1.3% to $5.0 billion. However, net income declined $1.4 million or 5.3% QoQ to $25.2 million, driven by provision expense rising to $13.5 million including a $9.2 million reserve for a single multifamily borrower, with nonperforming assets surging to $99.3 million or 1.08% of assets from $28.7 million. Core net income fell sharply to $24.1 million from $30.0 million.

  • ·Multifamily and commercial real estate loan portfolios totaled $2.2 billion with concentration of 232% to total risk-based capital.
  • ·Off-balance sheet deposits increased $71.9 million or 6.8% to $1.1 billion.
  • ·Political deposits increased $132.9 million or 7.7% to $1.9 billion.
  • ·Repurchased approximately 80,000 shares with $8.4 million remaining capacity under repurchase program.
  • ·Tangible book value per share increased 1.6% to $26.59.
  • ·Conference call held April 23, 2026 at 11:00 am ET.
Dime Community Bancshares, Inc. /NY/8-Kmixedmateriality 9/10

23-04-2026

Dime Community Bancshares reported Q1 2026 net income of $32.8 million ($0.75 EPS), up 9% QoQ from $30.0 million ($0.68 EPS) and 67% YoY from $19.6 million ($0.45 EPS), with net interest income flat QoQ at $112.3 million, NIM expanding to 3.21%, core deposits up $999.3 million YoY, and business loans up $123.8 million QoQ/$575.6 million YoY. However, total loans declined 1.3% QoQ to $10.61 billion and 2.3% YoY, total deposits fell 1.9% QoQ to $12.60 billion despite YoY growth, non-performing loans rose to $57.1 million QoQ, and credit loss provisions increased to $12.3 million. The company announced significant new hires for growth and a re-brand to 'Dime Commercial Bank' in Q2.

  • ·Loan originations excluding new lines of credit: $220.4M in Q1 2026 (down from $225.3M Q4 2025, up from $77.9M Q1 2025)
  • ·Brokered deposits: $215.0M at Q1 2026 (up QoQ from $200.0M, down YoY from $285.6M)
  • ·Federal Home Loan Bank advances: $435.0M at Q1 2026 (down from $508.0M prior periods)
  • ·Redeemed $40M Fixed/Floating Subordinated Debentures due 2030 at par on March 30, 2026
  • ·Book value per common share: $31.33 at Q1 2026 (up from $30.99 Q4 2025)
  • ·Tangible common book value per share: $27.73 at Q1 2026 (up from $27.37 Q4 2025)
  • ·Dividends per common share: $0.25 in Q1 2026
  • ·Earnings conference call: April 23, 2026 at 9:00 a.m. ET
COMMUNITY HEALTH SYSTEMS INC8-Kneutralmateriality 8/10

23-04-2026

Community Health Systems, Inc. announced on April 22, 2026, that its wholly owned subsidiary, CHS/Community Health Systems, Inc., commenced a cash tender offer to purchase up to $600,000,000 aggregate purchase price of its outstanding 4.750% Senior Secured Notes due 2031 and 10.875% Senior Secured Notes due 2032. The press release detailing the tender offer is attached as Exhibit 99.1 and incorporated by reference.

  • ·Tender offer targets: 4.750% Senior Secured Notes due 2031 and 10.875% Senior Secured Notes due 2032
  • ·Filing submitted on April 23, 2026, reporting event of April 22, 2026
SHENANDOAH TELECOMMUNICATIONS CO/VA/8-Kpositivemateriality 6/10

23-04-2026

Shenandoah Telecommunications Company held its 2026 annual meeting of shareholders on April 21, 2026, electing directors Matthew S. DeNichilo (36,148,022 votes for), Kenneth L. Quaglio (35,884,385 for), and Michael A. Rhymes (36,117,763 for) to three-year terms expiring in 2029, with against votes under 1 million each and 8,045,543 broker non-votes. Shareholders ratified RSM US LLP as independent auditors with 44,613,720 votes for and only 79,837 against, and approved non-binding named executive officer compensation with 35,844,332 for versus 790,299 against and 8,045,543 broker non-votes. Post-meeting, executives Christopher French, Edward McKay, and James Volk provided a company presentation attached as Exhibit 99.1.

ServiceNow, Inc.10-Qmixedmateriality 9/10

23-04-2026

ServiceNow reported Q1 2026 total revenues of $3,770 million, up 22% YoY from $3,088 million, with subscription revenues growing 22% to $3,671 million. However, net income increased only 2% to $469 million, income from operations rose 12% to $503 million amid higher operating expenses up 17% to $2,327 million, and operating cash flow was nearly flat at $1,670 million versus $1,677 million. Cash and equivalents declined to $2,702 million from $3,726 million at December 31, 2025, driven by $2,225 million in common stock repurchases and a $1,325 million business combination.

  • ·Goodwill increased to $4,541 million from $3,578 million at Dec 31, 2025.
  • ·Intangible assets, net rose to $1,479 million from $1,121 million at Dec 31, 2025.
  • ·Treasury stock increased to $5,375 million from $3,045 million at Dec 31, 2025 due to repurchases.
  • ·Stock-based compensation expense was $547 million in Q1 2026, up from $470 million in Q1 2025.
Century Communities, Inc.10-Qmixedmateriality 9/10

23-04-2026

Century Communities, Inc. reported total revenues of $789,673 thousand for the three months ended March 31, 2026, down 12.6% YoY from $903,232 thousand, driven by a 16.9% decline in home sales revenues to $734,106 thousand while financial services revenues increased 20.8% to $22,396 thousand. Net income decreased 38.0% YoY to $24,409 thousand ($0.84 diluted EPS) from $39,384 thousand ($1.26 diluted EPS), with most segments showing YoY declines such as Mountain (-28.8%) and West (-13.3%). However, inventories rose 4.9% QoQ to $3,525,742 thousand and total assets increased 1.1% to $4,509,785 thousand.

  • ·Net cash used in operating activities increased to $50,321 thousand from $36,580 thousand YoY.
  • ·Company repurchased 617 thousand shares for $40,012 thousand and paid dividends of $9,313 thousand during the quarter.
  • ·Revolving line of credit balance increased to $203,700 thousand as of March 31, 2026 from $51,500 thousand at December 31, 2025.
  • ·Stockholders' equity decreased 1.5% QoQ to $2,553,199 thousand.
INTERNATIONAL BUSINESS MACHINES CORP10-Qmixedmateriality 9/10

23-04-2026

IBM's Q1 2026 revenue increased 9% YoY to $15,917 million from $14,541 million, with Sales up 13% to $8,009 million and Services up 6% to $7,688 million, while Net income rose 15% to $1,216 million or $1.28 diluted EPS from $1.12. Gross profit grew 11% to $8,950 million and operating cash flow improved 18% to $5,169 million. However, cash and equivalents fell to $10,819 million from $13,587 million at December 31, 2025, driven by $10,465 million in business acquisitions, with total debt rising to $66,361 million from $61,260 million.

  • ·Goodwill increased to $74,709 million from $67,717 million QoQ, reflecting acquisitions.
  • ·Total assets grew to $156,229 million from $151,880 million QoQ.
  • ·Total liabilities rose to $123,174 million from $119,139 million QoQ.
  • ·Dividends paid $1,576 million at $1.68 per share.
  • ·Research and development expense up to $2,173 million from $1,950 million YoY.
Iridium Communications Inc.10-Qmixedmateriality 8/10

23-04-2026

Iridium Communications Inc. reported Q1 2026 total revenue of $219.1M, up 2% YoY from $214.9M, driven by growth in services (+2%) and engineering support (+9%), but offset by a 13% decline in subscriber equipment sales. Operating income fell 16% YoY to $50.7M due to higher operating expenses (+9%), leading to net income of $21.6M, down 29% YoY from $30.4M. Cash from operations improved 17% YoY to $71.6M, with cash and equivalents rising to $111.6M at quarter-end.

  • ·Total assets increased slightly to $2,532.3M at March 31, 2026 from $2,531.0M at December 31, 2025.
  • ·Stockholders’ equity rose to $468.4M from $462.6M QoQ.
  • ·Capital expenditures increased 22% YoY to $30.0M.
  • ·No repurchases of common stock in Q1 2026, compared to $70.5M in Q1 2025.
IMMUNIC, INC.8-Kneutralmateriality 8/10

23-04-2026

Immunic, Inc. amended its Certificate of Incorporation to effect a 1-for-10 reverse stock split of its common stock, effective at 12:01 AM Eastern Time on April 27, 2026. Under the amendment, every 10 shares of old common stock are reclassified into 1 share of new common stock, with no fractional shares issued; instead, fractional interests are aggregated, sold on the open market, and proceeds distributed in cash to affected holders. The amendment was duly adopted by the board of directors and stockholders pursuant to Delaware law.

  • ·Certificate executed on April 22, 2026
  • ·Filing date: April 23, 2026
  • ·Common stock par value: $0.0001 per share
Esquire Financial Holdings, Inc.8-Kmixedmateriality 9/10

23-04-2026

Esquire Financial Holdings reported Q1 2026 net income of $12.2 million, up 7.0% YoY from $11.4 million, despite $1.7 million in elevated pretax noninterest expenses including $1.3 million merger costs for Signature Bancorporation and $398 thousand stock compensation charge, leading to declines in ROA to 2.10% from 2.39% and ROE to 16.82% from 19.13%. Total revenue grew 19.8% YoY to $40.5 million driven by 23.2% higher net interest income and resilient 6.04% NIM, with loans reaching $1.82 billion (up $56.7 million QoQ) and deposits $2.10 billion (up $39.6 million QoQ), though efficiency ratio worsened to 51.1% from 49.6%. The company increased its quarterly dividend 14% to $0.20 per share and made strong progress on the Signature acquisition.

  • ·Allowance for credit losses to loans ratio of 1.30% (down from 1.37% YoY)
  • ·Provision for credit losses $2.7 million (up $1.2 million YoY)
  • ·Nonperforming loan to total assets ratio of 0.03%
  • ·CET1 ratio 14.25%; TCE/TA ratio 12.44%
  • ·Payment processing transactions 137.3 million (flat YoY detail not specified)
MUNCY COLUMBIA FINANCIAL Corp8-Kneutralmateriality 6/10

23-04-2026

Muncy Columbia Financial Corporation (CCFN) filed an 8-K on April 23, 2026, announcing under Item 8.01 the issuance of a press release declaring a stock split, attached as Exhibit 99.1. The filing includes no additional financial details or metrics.

  • ·Filing Type: 8-K (Items 8.01, 9.01)
  • ·State of Incorporation: Pennsylvania
  • ·Commission File Number: 000-19028
  • ·I.R.S. Employer Identification No.: 23-2254643
  • ·Principal Executive Offices: 1199 Lightstreet Road, Bloomsburg, PA 17815
CANADIAN PACIFIC KANSAS CITY LTD/CN10-K/Amixedmateriality 6/10

23-04-2026

This 10-K/A filing for Canadian Pacific Kansas City Ltd (CP) details director skills and qualifications across multiple areas including senior executive leadership, financial expertise, transportation industry knowledge, and safety/climate expertise. In the 2025 STIP scorecard, the company met its operating ratio target at 60.4% (100% score) and exceeded safety targets with FRA Train Accident Frequency at 0.85 (200% score) and FRA Personal Injury Frequency at 0.92 (200% score), but missed the operating income target with $6,112 million actual vs. $6,216 million target (73% score), yielding a 121% corporate performance factor for NEOs.

  • ·Director skills include senior executive leadership, accounting & financial literacy/expertise, environment/health/safety and climate expertise, executive compensation/human resources, transportation industry knowledge, governance, government/regulatory affairs and legal, risk management, sales & marketing, strategic oversight, investment management, and information technology.
  • ·President and Chief Executive Officer appointed January 31, 2017.
  • ·STIP targets adjusted for 2025 due to foreign exchange rates and 2024 regulatory changes, leading to slight YoY increase in operating ratio targets.
Inmune Bio, Inc.DEF 14Aneutralmateriality 5/10

23-04-2026

Inmune Bio, Inc. (INMB) filed a DEF 14A proxy statement on April 23, 2026, for its Annual Meeting of Stockholders scheduled for June 16, 2026, at 10:00 AM ET via virtual webcast. The filing includes XBRL-tagged pay versus performance disclosures detailing equity award values, changes in fair value, vesting details, and exclusions for Principal Executive Officer (PEO) David Moss, former PEO RJ Tesi, and non-PEO NEOs across 2023-2025; no specific numerical values are provided in the filing excerpt. Proxies are solicited to David Moss and Cory Ellspermann.

  • ·Annual Meeting via live webcast at www.virtualshareholdermeeting.com/INMB2026
  • ·Fiscal year end: December 31
  • ·State of incorporation: NV
  • ·Business address: 225 NE Mizner Blvd, Suite 640, Boca Raton, FL 33432
LAM RESEARCH CORP10-Qpositivemateriality 9/10

23-04-2026

Lam Research Corp reported strong Q3 FY2026 results with revenue of $5,841,488 thousand, up 23.8% YoY from $4,720,175 thousand, and net income of $1,825,460 thousand, up 37.2% YoY from $1,330,667 thousand. For the nine months ended March 29, 2026, revenue increased 24.5% YoY to $16,510,452 thousand and net income rose 37.1% YoY to $4,988,114 thousand. However, cash and cash equivalents declined 25.7% QoQ to $4,750,936 thousand from $6,390,659 thousand, driven by $3,604,783 thousand in treasury stock purchases and $945,317 thousand in dividends.

  • ·Inventories decreased to $3,999,992 thousand as of March 29, 2026 from $4,307,991 thousand as of June 29, 2025.
  • ·Total stockholders’ equity increased to $10,584,779 thousand as of March 29, 2026 from $9,861,619 thousand as of June 29, 2025.
  • ·Net cash provided by operating activities for nine months ended March 29, 2026 was $4,400,429 thousand, up from $3,619,076 thousand YoY.
Knowles Corp8-Kmixedmateriality 9/10

23-04-2026

Knowles Corporation reported Q1 2026 revenues of $153.1 million, up 16% YoY from $132.2 million, with non-GAAP gross margins expanding to 45.5% from 41.6% and non-GAAP diluted EPS surging 50% YoY to $0.27. The company highlighted strong design wins and backlog across medtech, defense, industrial, and electrification markets, exceeding five-year organic growth targets. However, revenues declined 5.6% QoQ from $162.2 million, GAAP gross profit fell to $67.1 million from $72.5 million, and net cash from operating activities was negative at $(0.7) million.

  • ·Consumer MEMS Microphones business divested in December 2024; continuing operations exclude this
  • ·Q2 2026 guidance: Revenues $152-162 million; Non-GAAP Diluted EPS $0.28-$0.32; Operating cash flow $20-30 million
  • ·Adjusted EBITDA margin 23.1% in Q1 2026 vs 20.2% YoY
  • ·Loss from discontinued operations $(1.6) million in Q1 2026
Community West Bancshares8-Kmixedmateriality 9/10

23-04-2026

Community West Bancshares reported strong Q1 2026 net income of $11,489,000 ($0.60 diluted EPS), up 38.6% YoY from $8,293,000 ($0.44 EPS) and 2.9% QoQ from $11,170,000 ($0.58 EPS), supported by net interest income growth to $36,003,000 (+11.9% YoY) and NIM expansion to 4.30% from 4.24% QoQ. Deposits grew 1.50% QoQ, but gross loans increased only 0.40% QoQ, non-interest bearing deposits fell to 33.32% of total from 34.97% QoQ, and certain non-interest income categories like loan placement fees declined 31.1% QoQ and 14.6% YoY. The company completed its merger with United Security Bancshares on April 1, 2026 (impacts reportable in Q2), declared a $0.12 per share dividend payable May 22, 2026, and maintained strong capital ratios including 14.24% Total Risk-Based Capital.

  • ·Tier 1 Leverage Ratio: 9.94%; Common Equity Tier 1 Ratio: 11.84%; Tier 1 Risk-Based Capital Ratio: 12.01%; Total Risk-Based Capital Ratio: 14.24% as of March 31, 2026.
  • ·Average loans: $2,543,654,000 in Q1 2026 (+10.9% YoY from $2,333,997,000).
  • ·Efficiency ratio (GAAP): 59.26% in Q1 2026 (down from 67.46% YoY).
Acadia Healthcare Company, Inc.8-Kmixedmateriality 8/10

23-04-2026

Acadia Healthcare Company, Inc. (ACHC) appointed David Duckworth, former CFO from 2012-2023, as Interim CFO effective May 1, 2026, succeeding Todd Young who departs April 30, 2026, for a CFO role at a private equity-backed animal health company. The company reaffirmed its Q1 2026 guidance of $820-830 million revenue and $130-137 million Adjusted EBITDA, and full-year 2026 guidance of $3.37-3.45 billion revenue and $575-610 million Adjusted EBITDA, with no changes indicating stable outlook amid the leadership transition. As of December 31, 2025, Acadia operates 277 behavioral healthcare facilities with over 12,500 beds, 25,000 employees, and serves more than 84,000 patients daily.

  • ·Q1 2026 Adjusted EPS guidance: $0.25 to $0.30
  • ·Full-Year 2026 Adjusted EPS guidance: $1.30 to $1.55
  • ·Q1 2026 results to be issued after market close on April 29, 2026; earnings call on April 30, 2026 at 9 a.m. EDT
  • ·Search for permanent CFO ongoing
  • ·Facilities in 40 states and Puerto Rico
Dime Community Bancshares, Inc. /NY/8-Kpositivemateriality 4/10

23-04-2026

Dime Community Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.34375 per share on the Company's 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable on May 15, 2026 to holders of record as of May 8, 2026. No other financial metrics or period comparisons were disclosed.

  • ·Principal executive offices: 898 Veterans Memorial Highway, Suite 560, Hauppauge, New York 11788.
  • ·Telephone: (631) 537-1000.
  • ·Securities listed on The New York Stock Exchange.
CHEMUNG FINANCIAL CORPDEFA14Aneutralmateriality 3/10

23-04-2026

Chemung Financial Corp (CHMG) filed a DEFA14A Definitive Additional Proxy Materials on April 23, 2026, as part of its 2026 proxy statement using the notice-and-access delivery method. This Schedule 14A filing is pursuant to Section 14(a) of the Securities Exchange Act of 1934 and requires no filing fee. No specific financial metrics, voting items, or other substantive details are provided in the filing header.

  • ·Filing categorized as Definitive Additional Materials under Rule 240.14a-12.
CHEMUNG FINANCIAL CORPDEF 14Aneutralmateriality 4/10

23-04-2026

Chemung Financial Corporation's DEF 14A proxy statement, filed April 23, 2026, solicits votes for its virtual annual shareholder meeting on June 2, 2026, at 2:00 p.m. ET, including the election of four directors for a three-year term expiring in 2029, an advisory 'Say-on-Pay' vote on 2025 named executive officer compensation, and ratification of Crowe LLP as independent auditors for the fiscal year ending December 31, 2026. The record date is April 6, 2026, with 4,819,440 shares of common stock outstanding entitled to vote.

  • ·Annual meeting held virtually at https://edge.media-server.com/mmc/p/az7fbtio (password: chemung2026).
  • ·Voting methods: online at www.voteproxy.com, phone 1-800-776-9437 (US) or 1-201-299-4446 (international), mail proxy card.
  • ·Beneficial owners must register in advance with legal proxy by May 28, 2026, 5:00 p.m. EST.
ACNB CORP8-Kmixedmateriality 9/10

23-04-2026

ACNB Corporation reported Q1 2026 net income of $13.7 million ($1.32 diluted EPS), a significant improvement from a $272 thousand net loss in Q1 2025 impacted by acquisition-related charges, though down from $10.8 million in Q4 2025; net interest income rose $5.4 million YoY to $32.5 million with NIM expanding 39 bps to 4.46%, but fell $336 thousand QoQ amid lower average earning assets. Loans grew 0.8% QoQ to $2.35 billion with stable asset quality (NPL ratio 0.41%), noninterest-bearing deposits increased 4.0% QoQ to $576.1 million, while total deposits declined $14.2 million YoY to $2.53 billion.

  • ·Provision for credit losses on non-PCD loans: $4.2M after-tax in Q1 2025
  • ·Merger-related expenses: $8.0M in Q1 2025, $575K in Q4 2025, $0 in Q1 2026
  • ·Accretion from acquisition accounting: $1.9M on loans and deposits in Q1 2026
  • ·Share repurchase: 73,972 shares at weighted average $47.54 per share; 123,099 shares remaining in plan
Element Squared LLC13F-HRneutralmateriality 7/10

23-04-2026

Element Squared LLC filed its 13F-HR disclosing 42 equity positions totaling $177,290,098,000 as of March 31, 2026. The portfolio shows heavy concentration in ETFs including the largest holding, Innovator ETFs Trust Growth 100 Power Buffer ETF (38,896,948,000), Invesco S&P 500 Equal Weight ETF ($18,588,647,000), and Invesco QQQ Trust ($12,776,668,000), alongside individual stocks like NVIDIA Corporation ($10,119,855,000) and Advanced Micro Devices ($2,247,495,000). No period-over-period changes are provided in the filing.

  • ·Filing date: April 23, 2026
  • ·Report period end: March 31, 2026
  • ·State of incorporation: MN
  • ·Business address: 60 South 6th St Suite #2900, Minneapolis, MN 55402
  • ·All positions held with sole investment discretion
Federal Home Loan Bank of San Francisco8-Kneutralmateriality 6/10

23-04-2026

The Federal Home Loan Bank of San Francisco announced the creation of a direct financial obligation via a consolidated obligation bond with a par value of $500,000,000, traded on April 20, 2026, settling April 21, 2026, maturing May 21, 2027, and bearing a fixed coupon rate of 3.840%. The bond features Optional Principal Redemption (Bermudan style) with the next call date on October 21, 2026. This issuance is routine funding through capital markets, jointly backed by the eleven Federal Home Loan Banks but not by the U.S. government; no period-over-period comparisons are provided.

  • ·CUSIP: 3130BAFR3
  • ·Next Pay Date: October 21, 2026
  • ·Next Call Date: October 21, 2026
  • ·Schedule A excludes discount notes with maturity of one year or less issued in ordinary course
  • ·Total outstanding consolidated obligations reported in periodic SEC filings

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