Myomo CEO granted 16,666 RSUs via salary swap
GUDONIS PAUL R reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4/A
Rhea-AI Filing Summary
GUDONIS PAUL R reported acquisition or exercise transactions in this Form 4 filing.
MYOMO, INC. reported that Chief Executive Officer Paul R. Gudonis received a grant of 16,666 shares of Common Stock in the form of Restricted Stock Units (RSUs). This award comes under a program allowing employees to forego 10% of their salary for three months in exchange for RSUs with a grant date fair value equal to 115% of the salary exchanged. The RSUs vest in full on July 9, 2026. After this grant, Gudonis directly holds 1,277,316 shares of the company’s common stock.
Insider Trade Summary
Grant/Award: 16,666 shares
Grant/Award
1 txn
Insider
GUDONIS PAUL R
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,666 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,277,316 shares (Direct)
Footnotes (1)
- F1. Represents a grant of Restricted Stock Units ("RSU's") under a program approved by the Company's Board of Directors allowing employees to forego 10% of their salary in exchange for a grant of RSUs with a grant date fair value of 115% of such salary exchanged. This grant covers the exchange of three months of salary. RSU's under this grant vest in their entirety on July 9, 2026.
Key Figures
RSU grant size: 16,666 shares
Post-transaction holdings: 1,277,316 shares
Salary exchanged: 10% of salary for three months
+3 more
6 metrics
RSU grant size
16,666 shares
Restricted Stock Units granted to CEO on April 10, 2026
Post-transaction holdings
1,277,316 shares
Total common stock held directly by CEO after grant
Salary exchanged
10% of salary for three months
Portion of CEO salary foregone under RSU program
RSU valuation uplift
115% of salary exchanged
Grant date fair value basis for RSUs
Vesting date
July 9, 2026
Date when RSUs vest in full
Reported grant price
$0.0000 per share
Compensation grant, not a cash purchase
Key Terms
Restricted Stock Units, grant date fair value, vest, Board of Directors
4 terms
Restricted Stock Units financial
"Represents a grant of Restricted Stock Units ("RSU's") under a program approved"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant date fair value financial
"in exchange for a grant of RSUs with a grant date fair value of 115%"
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
vest financial
"RSU's under this grant vest in their entirety on July 9, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Board of Directors financial
"under a program approved by the Company's Board of Directors allowing employees"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MYO CEO Paul Gudonis report on this Form 4/A?
Paul R. Gudonis reported receiving a grant of 16,666 shares of Myomo common stock as Restricted Stock Units. The award represents compensation in equity form rather than cash salary, under a company program approved by the Board of Directors.
How was the MYO CEO RSU grant on this Form 4/A structured?
The RSU grant was issued under a program allowing employees to forego 10% of their salary for three months. In return, they receive RSUs with a grant date fair value equal to 115% of the salary exchanged, effectively shifting compensation from cash to stock.
When do the MYO CEO’s 16,666 RSUs reported on Form 4/A vest?
The 16,666 Restricted Stock Units granted to CEO Paul R. Gudonis vest in their entirety on July 9, 2026. Until that vesting date, the RSUs remain subject to the program’s conditions and do not represent fully vested common shares.
What compensation program led to the MYO CEO’s RSU grant reported here?
The RSU grant arises from a Board-approved program that lets employees exchange 10% of their salary for three months for RSUs. Those RSUs are valued at 115% of the salary given up, aligning employee compensation more closely with Myomo’s equity performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
