AMERICAN SHARED HOSPITAL SERVICES 8-KCurrent Reports (8-K / ad hoc)

Market for Equity / Stockholders

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 7, 2026, Raymond S. Frech, Chief Financial Officer (“CFO”) of American Shared Hospital Services (the “Company”) resigned from his position as CFO of the Company for personal reasons, effective the same day. Mr. Frech’s resignation was not the result of any disagreement between the Company and Mr. Frech on any matter related to accounting policies or practices. On July 7, 2026, the board of directors of the Company (the “Board”) appointed Alexis N. Tirrito (Wallace), Chief Accounting Officer and Secretary of the Company, to serve as the Company’s interim CFO (the “Interim CFO”) and its principal financial officer and principal accounting officer, effective immediately. In addition to serving as the Interim CFO, Ms. Tirrito will continue serving as the Company’s Chief Accounting Officer (“CAO”) and Secretary. Ms. Tirrito, CPA, has served as the Company’s Chief Accounting Officer and Secretary since October 2021. She joined the Company in April 2013 and has held various positions with the Company during her tenure, including Controller from May 2014 to October 2021and Assistant Controller from April 2013 to May 2014. Prior to joining the Company, Ms. Tirrito was the Director of Finance for Daughters of Charity Health System at St. Louise Regional Hospital from August 2012 to April 2013 and at Moss Adams, LLP from September 2006 to April 2011. Ms. Tirrito received her undergraduate degree from Santa Clara University. Ms. Tirrito is 42 years old. There are no family relationships between Ms. Tirrito and any of the directors and other executive officers of the Company, and there are no transactions in which Ms. Tirrito has an interest requiring disclosure under Item 404(a) of Regulation S-K. In connection with Ms. Tirrito’s appointment to the position of Interim CFO, her assumption of additional responsibilities associated with such role, and her continued service as CAO and Secretary of the Company, the Board approved Ms. Tirrito’s’ base salary of $240,000, effective as of July 7, 2026, and a target performance bonus for 2026 under the Company’s variable compensation plan of 20% of her base salary. As part of his resignation, Mr. Frech and the Company have entered into a customary severance agreement