Myomo (NYSE: MYO) officer eyes 17,500-share stock sale
Rhea-AI Filing Summary
MYOMO, INC. (MYO) is the issuer for a notice by officer Harry Franklin Kovelman to sell company common stock under Rule 144. The notice covers up to 17,500 shares of common stock to be sold through Morgan Stanley Smith Barney LLC. The securities to be sold were acquired upon the vesting of restricted stock during the period from 07/10/2024 through 06/05/2026. The filing also lists prior sales of MYOMO common stock by the same person over the past three months.
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Key Figures
Shares to be sold: 17,500 shares of common stock
Proposed aggregate sale price: 30329.25
Shares sold 05/27/2026: 20,464 shares
+4 more
7 metrics
Shares to be sold
17,500 shares of common stock
Maximum shares covered by the Form 144 notice
Proposed aggregate sale price
30329.25
Aggregate dollar amount associated with the 17,500 shares to be sold
Shares sold 05/27/2026
20,464 shares
Common stock sold by Harry Kovelman on 05/27/2026
Proceeds 05/27/2026
20468.09
Dollar amount associated with the 05/27/2026 sale
Shares sold 05/28/2026
11,536 shares
Common stock sold by Harry Kovelman on 05/28/2026
Shares sold 06/08/2026
7,635 shares
Common stock sold by Harry Kovelman on 06/08/2026
Shares sold 06/12/2026
10,442 shares
Common stock sold by Harry Kovelman on 06/12/2026
Key Terms
Rule 144, restricted stock, Form 144
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"The securities to be sold were acquired upon the vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing disclose for MYO?
It discloses that officer Harry Franklin Kovelman has filed a notice under Rule 144 to sell up to 17,500 shares of MYOMO, INC. common stock, which were acquired upon vesting of restricted stock between 07/10/2024 and 06/05/2026.