Form 8-K

8-K — Tenon Medical, Inc.

Accession: 0001213900-26-068390

Filed: 2026-06-12

Period: 2026-02-26

CIK: 0001560293

SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)

Item: Entry into a Material Definitive Agreement

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

Item: Financial Statements and Exhibits

Documents

8-K — ea0294657-8k_tenon.htm (Primary)

EX-10.1 — AMENDMENT TO THE CONSULTING AGREEMENT, DATED MAY 7, 2021, BY AND BETWEEN TENON MEDICAL, INC. AND RICHARD FERRARI, DATED AS OF MAY 7, 2026 (ea029465701ex10-1.htm)

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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):

February 26, 2026

TENON MEDICAL, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-41364

45-5574718

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of incorporation)

Identification No.)

104 Cooper Court

Los Gatos, CA

95032

(Address of principal executive offices)

(Zip Code)

(408) 649-5760

(Registrant’s telephone number, including

area code)

N/A

(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, par value $0.001 per share

TNON

The Nasdaq Stock Market LLC

Warrants

TNONW

The Nasdaq Stock Market LLC

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 1.01. Entry into a Material Definitive Agreement.

The disclosure under Item 5.02 of this Current Report on Form 8-K

is incorporated herein by reference.

Item 5.02 Departure of Directors or Certain Officers; Election of

Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

2026 Executive Compensation Plan

On February 26, 2026, the Compensation Committee

(the “Committee”) of the Board of Directors (the “Board”) of Tenon Medical, Inc. (the “Company”) approved

the Company’s 2026 Executive Compensation Plan (the “2026 Compensation Plan”), which provides for increased compensation

for certain of the Company’s executive officers, effective as of March 1, 2026.

Under the 2026 Compensation Plan, the annual base salaries of Steven

M. Foster, Chief Executive Officer and President, Kevin Williamson, Chief Financial Officer, and Richard Ginn, Chief Operating Officer,

were each increased by 5%, to $420,000, $330,750 and $304,500, respectively. In addition, the annual bonus opportunity for Mr. Foster

was changed to 50% of base salary based upon achievement of mutually agreed upon milestones, and for each of Mr. Williamson and Mr. Ginn

to 35% of base salary based upon achievement of mutually agreed upon milestones. The 2026 Compensation Plan also provides for a second

bonus to each of Mr. Foster, Mr. Williamson, and Mr. Ginn of up to $100,000, $70,000, and $50,000, respectively, based on certain milestones

determined by the Board.

Amendment to Richard Ferrari’s Consulting

Agreement

On May 7, 2026, the Committee approved an amendment (the “Amendment”)

to the consulting agreement, dated May 7, 2021, by and between the Company and Richard Ferrari, the Company’s Executive Chairman

(the “Original Agreement”). The Amendment extends the term of the Original Agreement for an additional one (1) year, beginning

on May 7, 2026 and ending on May 6, 2027. Under the Amendment, Mr. Ferrari will continue to serve as Executive Chairman of the Company

and will receive compensation of $45,000 per quarter ($180,000 on an annual basis).

A copy of the Amendment is attached hereto as Exhibit 10.2 and is incorporated

herein by reference. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference

to the full text of the Amendment.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are being filed herewith:

Exhibit No.

Description

10.1

Amendment to the Consulting Agreement, dated May 7, 2021, by and between Tenon Medical, Inc. and Richard Ferrari, dated as of May 7, 2026.

104

Cover Page Interactive Data File (embedded with the Inline XBRL document).

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.

Date: June 12, 2026

TENON MEDICAL, INC.

By:

/s/ Steven M. Foster

Name:

Steven M. Foster

Title:

Chief Executive Officer and President

EX-10.1 — AMENDMENT TO THE CONSULTING AGREEMENT, DATED MAY 7, 2021, BY AND BETWEEN TENON MEDICAL, INC. AND RICHARD FERRARI, DATED AS OF MAY 7, 2026

EX-10.1

Filename: ea029465701ex10-1.htm · Sequence: 2

Exhibit 10.1

Consulting Agreement Amendment

This Consulting Agreement Amendment is dated May 7, 2026

(the “Effective Date”), by and between Richard Ferrari and Tenon Medical, Inc. (collectively, the “Parties”).

WHEREAS the Parties entered into a Consulting Agreement

on May 7, 2021 (the “Original Contract”).

WHEREAS the Parties hereby agree to extend the term of the

Original Contract in accordance with the terms of the Original Contract as well as the terms provided herein.

In consideration of the mutual covenants contained herein,

the Parties mutually agree as follows:

The parties agree to extend the Original

Contract for an additional (1) year, which will begin immediately upon the effective date of this agreement, May 7, 2026, and will end

on May 6, 2027.

The attached Exhibit A shall supersede the previous Exhibits

and amendments effective May 7, 2026.

All other terms and conditions of the

Original Contract remain unchanged.

/s/ Richard Ferrari

/s/ Steve Foster

Richard Ferrari

Steve Foster

Consultant

President & CEO

5/21/2026

Date Signed

Page 1 of 2

EXHIBIT A

DESCRIPTION OF CONSULTING SERVICES AND COMPENSATION

a) Consultant's duties under this Agreement shall be to assume the role of Executive Chairman of Tenon Medical.

b) For services rendered by Consultant under this Agreement, the Company will pay Richard Ferrari $45,000 quarterly ($180,000 on an annual

basis).

Page 2 of 2

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