STOCK TITAN

Myomo (MYO) CEO trades three months salary for 16,666 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

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Insider GUDONIS PAUL R
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 16,666 $0.00 --
Holdings After Transaction: Common Stock — 1,277,316 shares (Direct)
Footnotes (1)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GUDONIS PAUL R

(Last)(First)(Middle)
C/O MYOMO, INC.
45 BLUE SKY DR., SUITE 101

(Street)
BURLINGTON MASSACHUSETTS 01803

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MYOMO, INC. [ MYO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/14/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/10/2026A16,666(1)A$01,277,316D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
This Form 4/A is being filed to correct the number of RSU's granted to the Reporting Party on April 10, 2026.
/s/ David A. Henry, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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 was the reported price per share for the MYO CEO RSU grant?

The transaction shows a price per share of $0.0000 because this is a compensation grant, not an open-market purchase. The economic value is based on the grant date fair value tied to the exchanged salary, rather than a cash payment per share.

How many MYO shares does CEO Paul Gudonis hold after this RSU grant?

Following the grant of 16,666 RSUs, CEO Paul R. Gudonis is reported to hold 1,277,316 shares of Myomo common stock directly. This figure reflects his total direct position in the issuer’s common stock after the reported transaction.

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.