secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2026-07-13T20:16:48+00:00
Accession:  0001437749-26-023433
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Raymond Frech resigns; CAO Alexis Tirrito named interim CFO
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- Raymond S. Frech resigned as CFO effective July 7, 2026, for personal reasons; no disagreement with the Company.
- Alexis N. Tirrito (Wallace), CAO and Secretary, appointed interim CFO and principal financial/accounting officer.
- Tirrito's base salary set at $240,000 with a 20% target bonus under the variable compensation plan.
- Tirrito has been with the Company since 2013, serving as Controller from 2014 to 2021 before becoming CAO.
- Frech and the Company entered a severance agreement with customary general releases and waivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774926023433/0001437749-26-023433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774926023433/asha20260710c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-023433

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