SMID NT 10-Q: Late filing
Smith-Midland Corporation
Filed with the SEC on · accession 0001654954-26-004890
SMID filed a NT 10-Q (nt 10-q) with the SEC on May 14, 2026. Smith-Midland Corporation filed a Form 12b-25 notification of late filing for its quarterly report on Form 10-Q for the period ended March 31, 2026, due to the unanticipated resignation of a key accounting staff member that disrupted the quarter-end close process. The stock moved +4.3% by the first close after the filing.
Summary of the filing
Smith-Midland Corporation filed a Form 12b-25 notification of late filing for its quarterly report on Form 10-Q for the period ended March 31, 2026, due to the unanticipated resignation of a key accounting staff member that disrupted the quarter-end close process. The company expects revenue to be slightly lower and net income significantly lower compared to the prior year quarter due to the absence of a high-margin special barrier project.
Key details
How SMID stock reacted
Close before
$29.61
May 13, 2026
First close after
+4.26%
$30.87
5 trading days
+2.23%
$30.27
Since filing
-11.82%
$26.11
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Click hereFrequently asked questions
What did SMID file with the SEC on May 14, 2026?
SMID filed a NT 10-Q (Late filing). Smith-Midland Corporation filed a Form 12b-25 notification of late filing for its quarterly report on Form 10-Q for the period ended March 31, 2026, due to the unanticipated resignation of a key accounting staff member that disrupted the quarter-end close process. The company expects revenue to be slightly lower and net income significantly lower compared to the prior year quarter due to the absence of a high-margin special barrier project.
What does a late filing mean for SMID stock?
The stock often falls sharply. In a Chapter 11 reorganization existing shares are frequently cancelled or heavily diluted; in Chapter 7 the company is liquidated and shareholders are paid last, usually nothing.
How do I read a NT 10-Q?
A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A NT 10-Q (nt 10-q): A report the company filed with the SEC (the US market regulator).
How did SMID stock react to this filing?
SMID closed at $29.61 before the filing and $30.87 on May 14, 2026 (+4.26%). Five trading days later: $30.27 (+2.23%).
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