Director at MYOMO (NYSE: MYO) receives 45,000-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FEBBO WILLIAM J reported acquisition or exercise transactions in this Form 4 filing.
MYOMO, INC. director William J. Febbo received an equity award covering 45,000 shares of Common Stock as compensation. The Form 4 shows this as a grant of restricted stock units under the company’s 2018 Stock Option and Incentive Plan, with no cash paid per share.
The RSUs vest in full on the first anniversary of the grant date, meaning the entire 45,000-unit award is scheduled to vest after one year if conditions are met. Following this award, Febbo reports beneficial ownership of 45,000 shares/units directly, reflecting a routine, compensation-related equity grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FEBBO WILLIAM J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,000 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 45,000 units
Price per share: $0.0000
Vesting schedule: 1 year
+1 more
4 metrics
RSU grant size
45,000 units
Restricted stock units granted to director William J. Febbo
Price per share
$0.0000
Reported transaction price for the RSU award
Vesting schedule
1 year
RSUs vest in full on first anniversary of grant date
Post-transaction holdings
45,000 shares/units
Total beneficial ownership reported after the grant
Key Terms
restricted stock units, 2018 Stock Option and Incentive Plan, grant date
3 terms
restricted stock units financial
"Represents grant of restricted stock units ("RSU's") 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 ("RSU's") under the Issuer's 2018 Stock Option and Incentive Plan."
grant date financial
"The RSU's vest in their entirety on the first anniversary of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did MYOMO (MYO) report for William J. Febbo?
MYOMO reported that director William J. Febbo received a grant of 45,000 restricted stock units. The award was made under the company’s 2018 Stock Option and Incentive Plan as equity compensation, not an open-market stock purchase or sale.
When do William Febbo’s MYOMO (MYO) restricted stock units vest?
William Febbo’s restricted stock units vest in their entirety on the first anniversary of the grant date. This means the full 45,000-unit award is scheduled to vest after one year, assuming all continued service or other vesting conditions are satisfied.
Is William Febbo’s MYOMO (MYO) Form 4 transaction a buy or a sale?
The transaction is classified as an acquisition via grant, not a market buy or sale. MYOMO reported it with code "A" for a grant or award, reflecting routine equity compensation for a director rather than trading activity in the company’s shares.