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  4. [8-K] TOMI Environmental Solutions, Inc. Reports Material Event

Interim CFO named at TOMI Environmental (NASDAQ: TOMZ) after unexpected CFO death

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TOMI Environmental Solutions, Inc. reported a leadership change in its finance team. On May 16, 2026, the company appointed Niroshan Srirathan as Interim Chief Financial Officer, effective immediately, under an offer letter providing an annual base salary of $180,000.

The company plans to update the market later regarding its search for a permanent Chief Financial Officer. Separately, on May 11, 2026, TOMI learned of the untimely and unexpected death of its Chief Financial Officer, David Vanston, whose passing is described as a significant loss for the organization.

Positive

  • None.

Negative

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Insights

TOMI quickly installed an interim CFO after its CFO’s unexpected death.

The filing describes the sudden death of CFO David Vanston on May 11, 2026 and the prompt appointment of Niroshan Srirathan as Interim CFO on May 16, 2026. His compensation includes an annual base salary of $180,000.

This shows continuity planning in the finance function after an unforeseen loss of a key officer. The company notes it will provide an update on its search for a permanent Chief Financial Officer in a later periodic filing, which will clarify the long-term finance leadership structure.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Interim CFO base salary $180,000 per year Annual base salary in offer letter for Interim CFO Niroshan Srirathan
Interim CFO appointment date May 16, 2026 Effective date of Niroshan Srirathan’s appointment as Interim CFO
Former CFO date of death May 11, 2026 Date company learned of CFO David Vanston’s unexpected death
Former CFO start date May 30, 2025 Date from which David Vanston had been with the company
Interim CFO experience Over 14 years International finance and operational leadership experience of Niroshan Srirathan
Interim Chief Financial Officer financial
"appointed Mr. Niroshan Srirathan as the Company’s Interim Chief Financial Officer, effective immediately"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
offer letter financial
"the Company entered into an offer letter with Mr. Srirathan providing for an annual base salary of $180,000"
Item 404(a) of Regulation S-K regulatory
"there are no transactions between Mr. Srirathan and the Company that would be reportable under Item 404(a) of Regulation S-K"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What executive change did TOMI Environmental Solutions (TOMZ) disclose in this 8-K?
TOMI Environmental Solutions appointed Niroshan Srirathan as Interim Chief Financial Officer, effective May 16, 2026. He steps into the role after serving as Controller and brings more than 14 years of international finance and operational leadership experience from public companies in the United Kingdom.

What is the interim CFO’s compensation at TOMI Environmental Solutions (TOMZ)?
The offer letter for Interim CFO Niroshan Srirathan provides an annual base salary of $180,000. The company stated that the full offer letter will be filed as an exhibit to its next periodic report, where additional compensation terms, if any, may be detailed for investors.

What happened to TOMI Environmental Solutions’ previous Chief Financial Officer?
TOMI Environmental Solutions reported the untimely and unexpected death of its Chief Financial Officer, David Vanston, on May 11, 2026. Vanston had been with the company since May 30, 2025, and the filing notes that his passing will be deeply felt across the organization.

What is the background of TOMI Environmental Solutions’ new interim CFO?
Interim CFO Niroshan Srirathan has over 14 years of international finance and operational leadership experience. He previously served at UK public companies Vistry Group plc and Berkeley Group Holdings plc, and holds a BSc (Hons) in Economics plus an ACA qualification from the Institute of Chartered Accountants in England and Wales.

Will TOMI Environmental Solutions conduct a search for a permanent CFO?
Yes. TOMI Environmental Solutions notes it will provide an update later regarding its search for a permanent Chief Financial Officer. For now, Niroshan Srirathan serves as Interim CFO while the company evaluates long-term leadership needs for its finance function.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 16, 2026

 

TOMI ENVIRONMENTAL SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

 

Florida

000-09908

59-1947988

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

 

8430 Spires Way

Frederick, Maryland 21701

(Address of principal executive offices) (Zip Code)

 

(800) 525-1698

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.01 par value per share

 

TOMZ

 

Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 16, 2026, TOMI Environmental Solutions, Inc. (the “Company”) appointed Mr. Niroshan Srirathan as the Company’s Interim Chief Financial Officer, effective immediately. The Company will provide an update at a later time with respect to its search for a permanent Chief Financial Officer. In connection with his appointment, the Company entered into an offer letter with Mr. Srirathan providing for an annual base salary of $180,000. The foregoing summary of the offer letter is qualified in its entirety by reference to the full text of the offer letter with Mr. Srirathan, a copy of which will be filed as an exhibit to the Company's next periodic report to be filed with the Securities and Exchange Commission.

 

Mr. Srirathan is an experienced financial executive with over 14 years of international finance and operational leadership. Mr. Srirathan has been working for the Company since May 2026 as Controller. From April 2024 to January 2025, Mr. Srirathan worked as Senior Finance Manager (Regional Comptroller) for Vistry Group plc, a UK public company. Prior to that from May 2020 to February 2024, Mr. Srirathan worked as Finance Transformation Lead (Group Comptroller Functions) for Berkeley Group Holdings plc, a UK Public Company. Mr. Srirathan holds a BSc (Hons) in Economics from the University College London and holds an Associate Chartered Accountant (ACA) professional qualification from the Institute of Chartered Accountants in England and Wales, London.  

 

There are no family relationships between Mr. Srirathan and any director or executive officer of the Company, and there are no transactions between Mr. Srirathan and the Company that would be reportable under Item 404(a) of Regulation S-K.

 

Item 8.01 Other Events.

 

On May 11, 2026, the Company learned of the untimely and unexpected death of its Chief Financial Officer, David Vanston. Mr. Vanston has been with the Company since May 30, 2025, and his passing will be deeply felt by all who knew him.

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TOMI ENVIRONMENTAL SOLUTIONS, INC.

 

 

 

 

Date: May 19, 2026

By:

/s/ Halden S. Shane

 

 

 

Name: Halden S. Shane

 

 

 

Title: Chief Executive Officer

 

 

 

3

 

Source: View Original Filing on SEC EDGAR

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