Myomo (MYO) director awarded 78,704 RSUs, now holds 210,458 shares
Rhea-AI Filing Summary
Getz Heather C reported acquisition or exercise transactions in this Form 4 filing.
MYOMO, INC. director Heather C. Getz reported a grant of 78,704 shares of Common Stock in the form of Restricted Stock Units under the company’s 2018 Stock Option and Incentive Plan. This was a compensation award, not an open-market purchase.
Each RSU represents a contingent right to receive one share of common stock and will vest in four quarterly installments beginning on September 9, 2026. Getz has elected to defer receipt of the underlying common shares until the earlier of 30 days after her service ends or a change in control. Following this grant, she directly holds 210,458 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 78,704 shares
Net Buy
1 txn
Insider
Getz Heather C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78,704 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 210,458 shares (Direct)
Footnotes (1)
- F1. Represents grant of Restricted Stock Units under the Issuer's 2018 Stock Option and Incentive Plan, each representing a contingent right to receive one share of the Issuer's common stock. Such Restricted Stock Units vest in four quarterly installments beginning on September 9, 2026. The Reporting Person has elected to defer the receipt of common stock upon the vesting of the RSUs until the earlier of (i) the date that is thirty (30) days following the date of termination of service and (ii) the date of a change in control.
Key Figures
RSU grant size: 78,704 shares
Post-grant holdings: 210,458 shares
Grant price per share: $0.00 per share
+3 more
6 metrics
RSU grant size
78,704 shares
Restricted Stock Units granted to director Heather C. Getz
Post-grant holdings
210,458 shares
Total common shares directly held after the transaction
Grant price per share
$0.00 per share
RSUs granted as compensation with no purchase price
Vesting start date
September 9, 2026
Four quarterly vesting installments begin on this date
Deferral trigger 1
30 days after termination
One condition for deferred stock settlement of vested RSUs
Deferral trigger 2
Change in control
Alternative condition for settlement of deferred RSU shares
Key Terms
Restricted Stock Units, 2018 Stock Option and Incentive Plan, vesting, change in control
4 terms
Restricted Stock Units financial
"Represents grant of Restricted Stock Units under the Issuer's 2018 Stock Option and Incentive Plan"
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.
2018 Stock Option and Incentive Plan financial
"Represents grant of Restricted Stock Units under the Issuer's 2018 Stock Option and Incentive Plan"
vesting financial
"Such Restricted Stock Units vest in four quarterly installments beginning on September 9, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change in control financial
"until the earlier of ... termination of service and ... the date of a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did Heather C. Getz report in this MYO Form 4 filing?
Heather C. Getz reported receiving a grant of 78,704 Restricted Stock Units of MYOMO, INC. common stock. The award is a compensation grant under the 2018 Stock Option and Incentive Plan, rather than an open-market stock purchase or sale.
When do Heather C. Getz’s MYO Restricted Stock Units vest?
The 78,704 Restricted Stock Units granted to Heather C. Getz vest in four quarterly installments. Vesting begins on September 9, 2026, with each installment releasing a portion of the award over the following quarters according to the plan terms.
Are Heather C. Getz’s MYO RSUs immediately settled in common stock?
No. Heather C. Getz elected to defer receipt of common stock from these RSUs. Settlement will occur on the earlier of 30 days after her service terminates or the date of a change in control, according to the deferral election.
Under which equity plan were Heather C. Getz’s MYO RSUs granted?
The 78,704 Restricted Stock Units reported by Heather C. Getz were granted under MYOMO, INC.’s 2018 Stock Option and Incentive Plan. This plan governs equity-based compensation awards such as RSUs granted to directors and other eligible participants.
AI-generated analysis. How Rhea-AI works. Not financial advice.
