Myomo (MYO) CCO uses 9,061 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYOMO, INC. Chief Commercial Officer Micah Mitchell reported a tax-related share disposition. On June 12, 2026, 9,061 shares of common stock at $1.20 per share were delivered to cover income taxes arising from restricted stock units that vested on June 11, 2026, under a prior irrevocable election. Following this transaction, he holds 93,888 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mitchell Micah
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,061 | $1.20 | $11K |
Holdings After Transaction:
Common Stock — 93,888 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 9,061 shares
Implied share value: $1.20 per share
Shares held after transaction: 93,888 shares
3 metrics
Shares used for tax withholding
9,061 shares
Disposed on June 12, 2026 to cover taxes on vested RSUs
Implied share value
$1.20 per share
Reported transaction price for tax-withholding disposition
Shares held after transaction
93,888 shares
Direct ownership following June 12, 2026 disposition
Key Terms
tax-withholding disposition, restricted stock units, irrevocable election
3 terms
tax-withholding disposition financial
"The transaction is classified as a tax-withholding disposition to pay income taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"Income taxes resulted from a vesting of restricted stock units on June 11, 2026."
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.
irrevocable election financial
"The disposition occurred pursuant to an irrevocable election made on May 28, 2026."
FAQ
What insider transaction did MYO executive Micah Mitchell report on this Form 4?
Micah Mitchell, Chief Commercial Officer of Myomo, reported a tax-withholding disposition of 9,061 shares of common stock. The shares were delivered to satisfy income taxes triggered by restricted stock units that vested on June 11, 2026, under a previously made irrevocable election.