MYOMO (MYO) Chief Medical Officer sells 32,000 shares in open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYOMO, INC. Chief Medical Officer Harry Kovelman reported open-market sales of company common stock over two days. He sold 20,464 shares on May 27, 2026 at a weighted average price of $1.002 per share and 11,536 shares on May 28, 2026 at a weighted average price of $1.0172 per share. After these transactions, he continued to hold 108,618 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,000 shares ($32,239)
Net Sell
2 txns
Insider
Kovelman Harry
Role
Chief Medical Officer
Sold
32,000 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,536 | $1.0172 | $12K |
| Sale | Common Stock | 20,464 | $1.002 | $21K |
Holdings After Transaction:
Common Stock — 108,618 shares (Direct, null)
Footnotes (1)
- Represents open market sale of shares. Represents weighted average sales price. Shares were sold in multiple lots at prices ranging from $1.00 to $1.005 per share. Reporting party agrees to provide details of the transactions to the SEC upon request. Represents weighted average sales price. Shares were sold in multiple lots at prices ranging from $1.00 to $1.035 per share. Reporting party agrees to provide details of the transactions to the SEC upon request.
Key Figures
Shares sold May 27, 2026: 20,464 shares
Shares sold May 28, 2026: 11,536 shares
Total shares sold: 32,000 shares
+1 more
4 metrics
Shares sold May 27, 2026
20,464 shares
Open-market sale of common stock at $1.002 average price
Shares sold May 28, 2026
11,536 shares
Open-market sale of common stock at $1.0172 average price
Total shares sold
32,000 shares
Combined open-market sales over two consecutive trading days
Shares held after transactions
108,618 shares
Direct ownership following the reported sales
Key Terms
open-market sale, weighted average sales price, multiple lots
3 terms
open-market sale financial
"Represents open market sale of shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sales price financial
"Represents weighted average sales price. Shares were sold in multiple lots..."
multiple lots financial
"Shares were sold in multiple lots at prices ranging from $1.00 to $1.005 per share."
FAQ
What insider transaction did MYOMO (MYO) disclose for Harry Kovelman?
MYOMO’s Chief Medical Officer, Harry Kovelman, disclosed open-market sales of company common stock. He sold a total of 32,000 shares over two days at weighted average prices around $1 per share, while remaining directly invested with 108,618 shares held after the transactions.
What prices were received in Harry Kovelman’s MYOMO (MYO) stock sales?
The sales used weighted average prices. On May 27, 2026, shares were sold at an average of $1.002, in multiple lots from $1.00 to $1.005. On May 28, 2026, the average was $1.0172, with lots ranging from $1.00 to $1.035.
Were Harry Kovelman’s MYOMO (MYO) stock sales executed in multiple lots?
Yes. Footnotes state the reported prices are weighted averages. On both trading days, his MYOMO shares were sold in multiple lots within narrow price ranges around $1 per share, and detailed lot-by-lot information is available to regulators upon request.