---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010563"
form_type: "8-K"
ticker: "AMS"
cik: "0000744825"
company_name: "AMERICAN SHARED HOSPITAL SERVICES"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T01:00:46.790389+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Shared Hospital Services appoints Robert Hiatt as CFO effective April 17, 2023

## Summary
- Hiatt previously CFO of AmeriCash Loans (2007-2022); also held CFO roles at United Financial Mortgage and Novamed.
- Base salary of $210,000; eligible for bonus up to $35,000 in 2023 based on performance goals.
- Granted option to purchase 20,000 shares of AMS common stock, vesting equally over five years.
- Craig Tagawa remains President but steps down as CFO, principal financial and accounting officer.
- No family relationships or related transactions requiring disclosure under Reg S-K Item 404(a).

## SEC filing metadata
- accession: 0001437749-23-010563
- form_type: 8-K
- ticker: AMS
- cik: 0000744825
- company_name: AMERICAN SHARED HOSPITAL SERVICES
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744825/000143774923010563/0001437749-23-010563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744825/000143774923010563/asha20230418_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010563
- JSON: https://secwatch.observer/filing/0001437749-23-010563.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010563.txt

## Key facts
- Executive change
  Robert Hiatt was appointed as Chief Financial Officer at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On April 12, 2023, American Shared Hospital Services (the “Company”) appointed Robert Hiatt as its Chief Financial Officer, effective April 17, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774923010563/0001437749-23-010563-index.htm
- Executive change
  Craig Tagawa changed role as President at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: stepped down as Chief Financial Officer
  - Role: President
  source text: As previously disclosed, in connection with the commencement of Mr. Hiatt’s employment, effective April 17, 2023, Craig Tagawa will continue to serve as the Company’s President and Assistant Secretary, but will no longer serve as the Company’s Chief Financial Officer, principal financial officer or principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774923010563/0001437749-23-010563-index.htm

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