Joseph M. Manko joins Myomo (MYO) board, expanding it to seven directors
Rhea-AI Filing Summary
Myomo, Inc. appointed Joseph M. (Joe) Manko Jr. to its Board of Directors effective May 9, 2026. He will serve as a Class I director until the 2027 annual meeting of stockholders, when he will be eligible for election by shareholders.
Manko, age 60, is Senior Principal of Horton Capital Management LLC, a significant Myomo shareholder, and brings more than 25 years of experience across investment banking, private equity, asset management and corporate strategy. With his appointment, Myomo’s Board now has seven directors.
He will receive the same compensation as other non-employee directors beginning after the 2026 annual meeting, currently an annual cash retainer of $60,000 and an annual grant of restricted stock units with a grant date fair value of $85,000. He has entered into a standard indemnification agreement with the company, and there are no related-party transactions requiring disclosure.
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8-K Event Classification
Key Figures
Key Terms
Emerging growth company regulatory
Regulation FD Disclosure regulatory
indemnification agreement legal
restricted stock units financial
upper-limb orthosis technical
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
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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:
Securities registered pursuant to Section 12(b) of the Act:
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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 9, 2026, upon recommendation of the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of Myomo, Inc. (the "Company"), the Board appointed Joseph M. Manko Jr. to join the Board, effective on May 9, 2026. Mr. Manko will serve as a Class I director until his term expires at the 2027 annual meeting of shareholders, at which time he will stand for election by the Company’s shareholders. Mr. Manko has not been appointed to serve on any committees of the Board.
Mr. Manko, 60, is currently the Senior Principal of Horton Capital Management LLC (“Horton Fund”), which he founded in 2013 and is a significant shareholder in the Company. Previous to his experience with Horton Fund, Mr. Manko was a Partner and Chief Executive Officer of Switzerland-based BZ Fund Management Limited from 2005 to 2010, where he was responsible for corporate finance, private equity investments, three public equity funds and the firm’s Special Situations and Event-Driven strategies. Prior to that Mr. Manko was a Managing Director with Deutsche Bank in London. He began his investment banking career at Merrill Lynch as a Vice President in Hong Kong and prior to that, Mr. Manko was a corporate finance attorney at Skadden, Arps, Slate, Meagher & Flom LLP. Mr. Manko has served on the boards of several companies in the med-tech and bio-pharmaceutical industry and has advised numerous companies in the pharmaceutical, biotech and medtech industries. He currently serves as a director and Chairman of Safeguard Scientifics, Inc. and director of KORU Medical Systems, Inc. Mr. Manko earned both his B.A. and Juris Doctor from the University of Pennsylvania.
Mr. Manko is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K, and there are no arrangements or understandings between Mr. Manko and any other persons pursuant to which he was selected as a director. In addition, Mr. Manko has entered into an indemnification agreement with the Company consistent with the form of indemnification agreement entered into between the Company and its existing non-employee directors. Mr. Manko will be compensated in the same manner as other non-employee directors for his service on the Board beginning after the 2026 Annual Meeting of Stockholders. Current compensation for directors who do not chair committees is an annual cash retainer of $60,000 and an annual grant of restricted stock units with a grant date fair value of $85,000.
Item 7.01 Regulation FD Disclosure.
On May 13, 2026, the Company issued a press release announcing the appointment of Mr. Manko. A copy of the Company’s press release relating to this announcement is attached as Exhibit 99.1 to this current report on Form 8-K (the “Report”).
The information contained in Item 7.01 of this Report and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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99.1 |
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Press release issued by Myomo, Inc. on May 13, 2026. furnished herewith. |
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The cover page from the Company’s Form 8-K dated May 13, 2026, formatted in Inline XBRL |
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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.
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Myomo, Inc. |
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May 13, 2026 |
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/s/ David A. Henry |
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David A. Henry |
Exhibit 99.1
Myomo Appoints Joseph M. Manko to its Board of Directors
BURLINGTON, MA. (May 13, 2026) - Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced the appointment of Joseph M. (“Joe”) Manko Jr. as a director effective May 9, 2026, to serve until the 2027 annual meeting of stockholders. With this appointment, Myomo has seven directors.
Mr. Manko is an accomplished investor with over 25 years of experience in investment banking, private equity, asset management and corporate strategy. Mr. Manko is currently the Senior Principal of Horton Capital Management LLC (“The Horton Fund”), a significant shareholder in the Company. Mr. Manko founded The Horton Fund in 2013.
“We are pleased to welcome Joe to our Board of Directors,” said Paul R. Gudonis, Chairman and Chief Executive Officer of Myomo. " Through The Horton Fund, Joe has long been a steadfast investor and supporter for years. He brings strong capital markets, strategic planning, and corporate governance experience to our Board, with a history of driving shareholder value in growth businesses. We are pleased to add his perspective as we execute on our Success Pillars for 2026 and beyond.”
Mr. Manko’s asset management and investment banking experience includes serving in executive positions at BZ Fund Management, Deutsche Bank and Merrill Lynch. He also served as a corporate finance attorney at Skadden, Arps, Slate, Meagher and Flom. Mr. Manko currently serves on the boards of Safeguard Scientifics and Koru Medical Systems, and previously served as a director on the boards of One Stop Systems, Creative Realties and Wireless Telecom Group. Mr. Manko earned both his B.A. and Juris Doctor from the University of Pennsylvania.
“I am excited to join the Myomo Board of Directors at such an important time in the Company’s development,” said Mr. Manko. “Myomo has built an innovative technology platform that is making a meaningful impact on patients’ lives, while addressing a significant unmet need. I look forward to working closely with management and my fellow directors to help support the Company’s growth strategy, expand patient access, and drive long-term value for shareholders.”
About Myomo
Myomo, Inc. is a wearable medical robotics company that offers improved arm and hand function for those suffering from neurological disorders and upper-limb paralysis. Myomo develops and markets the MyoPro product line. MyoPro is a powered upper-limb orthosis designed to support the arm and restore function to the weakened or paralyzed arms of certain patients suffering from CVA stroke, brachial plexus injury, traumatic brain or spinal cord injury or other neuromuscular disease or injury. It is currently the only marketed device in the U.S. that, sensing a patient’s own EMG signals through non-invasive sensors on the arm, can restore an individual’s ability to perform activities of daily living, including feeding themselves, carrying objects and doing household tasks. Many are able to return to work, live independently and reduce their cost of care. Myomo is headquartered in Burlington, Massachusetts, with sales and clinical professionals across the U.S. and representatives internationally. For more information, please visit www.myomo.com
Contacts:
Myomo
Myomo Inc. | 45 Blue Sky Dr., Suite 101 | Burlington, MA 01803
TEL: 877.736.9666 www.myomo.com info@myomo.com
ir@myomo.com
Alliance Advisors IR
Bruce Voss
bvoss@allianceadvisors.com
212-201-6614
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Myomo Inc. | 45 Blue Sky Dr., Suite 101 | Burlington, MA 01803
TEL: 877.736.9666 www.myomo.com info@myomo.com