Director-linked Horton Capital fund boosts Myomo (NYSE: MYO) stake with open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYOMO, INC. director Joseph M. Manko Jr., through Horton Capital Partners Fund, LP, reported net open-market purchases of 201,197 MYO shares. The fund bought 170,830 shares at an average price of $0.8602 per share on May 14, 2026, and 30,367 shares at $0.8878 per share on May 15, 2026. Following these indirect transactions, the fund’s reported MYO holdings rose to 2,309,775 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 201,197 shares ($173,908)
Net Buy
2 txns
Insider
Manko Joseph M. Jr.
Role
null
Bought
201,197 shs ($174K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | MYO | 30,367 | $0.8878 | $27K |
| Purchase | MYO | 170,830 | $0.8602 | $147K |
Holdings After Transaction:
MYO — 2,309,775 shares (Indirect, By Horton Capital Partners Fund, LP (1))
Footnotes (1)
Key Figures
Total shares purchased: 201,197 shares
Shares bought May 14, 2026: 170,830 shares
Shares bought May 15, 2026: 30,367 shares
+4 more
7 metrics
Total shares purchased
201,197 shares
Net open-market insider-related buys in May 2026
Shares bought May 14, 2026
170,830 shares
Open-market purchase at $0.8602 per share
Shares bought May 15, 2026
30,367 shares
Open-market purchase at $0.8878 per share
Price May 14, 2026
$0.8602 per share
Non-derivative open-market purchase
Price May 15, 2026
$0.8878 per share
Non-derivative open-market purchase
Holdings after transactions
2,309,775 shares
Indirect holdings reported following May 15, 2026 trade
Number of buy transactions
2 transactions
Both coded as open-market purchases (P)
Key Terms
open-market purchase, non-derivative, indirect ownership, transaction code "P"
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for both trades"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type is listed as "non-derivative" for each transaction"
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" on each line"
transaction code "P" regulatory
"transaction_code: "P", described as purchase in open market"
FAQ
What insider transactions did MYOMO (MYO) disclose in this Form 4?
MYOMO disclosed that an entity associated with director Joseph M. Manko Jr. bought MYO shares in two open-market transactions. These indirect purchases increased the entity’s reported holdings to 2,309,775 shares after the trades.
At what prices were the MYOMO (MYO) insider purchases made?
The MYO shares were bought at average prices of $0.8602 and $0.8878 per share. The larger trade on May 14, 2026 occurred at $0.8602, while the smaller May 15, 2026 trade was executed at $0.8878 per share.
How did the MYOMO (MYO) insider’s holdings change after these transactions?
After the two open-market purchases, the reported indirect holdings increased to 2,309,775 MYO shares. The Form 4 shows this total as the number of shares beneficially owned following the final transaction on May 15, 2026.
Were the MYOMO (MYO) insider trades open-market purchases or another type?
Both transactions are classified as open-market purchases of non-derivative MYO common stock. The Form 4 uses transaction code “P,” indicating standard open-market or private purchase activity rather than option exercises or other derivative-related events.