MYOMO (MYO) CCO uses 6,529 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYOMO, INC. Chief Commercial Officer Micah Mitchell reported a compensation-related share disposition. On the vesting of restricted stock units, 6,529 shares of common stock were delivered on June 8, 2026 solely to cover income taxes at $1.33 per share. After this tax-withholding event, Mitchell directly holds 102,949 MYO shares.
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 | 6,529 | $1.33 | $9K |
Holdings After Transaction:
Common Stock — 102,949 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 6,529 shares
Reported price per share: $1.33 per share
Shares held after transaction: 102,949 shares
+1 more
4 metrics
Tax-withholding shares
6,529 shares
Common stock delivered for income taxes on June 8, 2026
Reported price per share
$1.33 per share
Value used for the 6,529-share tax-withholding disposition
Shares held after transaction
102,949 shares
Direct MYOMO common stock ownership following June 8, 2026 event
Tax-withholding transactions
1 transaction, 6,529 shares
Form 4 transactionSummary for tax withholding
Key Terms
restricted stock units, tax-withholding disposition, Form 4, irrevocable election
4 terms
restricted stock units financial
"resulting from a vesting of restricted stock units on June 5, 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
irrevocable election financial
"pursuant to an irrevocable election made on May 28, 2026"
FAQ
What insider transaction did MYOMO (MYO) report for Micah Mitchell?
MYOMO reported that Chief Commercial Officer Micah Mitchell disposed of 6,529 common shares on June 8, 2026. The shares were used solely to pay income taxes from a restricted stock unit vesting that occurred on June 5, 2026.
Was the MYOMO (MYO) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-related disposition, not an open-market sale. 6,529 shares were delivered solely to satisfy income tax obligations triggered by a restricted stock unit vesting, pursuant to an irrevocable election made on May 28, 2026.
Why did Micah Mitchell’s MYOMO (MYO) restricted stock units trigger this Form 4?
The Form 4 was triggered because restricted stock units vested on June 5, 2026, creating an income tax liability. To satisfy this tax, 6,529 MYOMO shares were delivered on June 8, 2026 under an irrevocable tax-withholding election made on May 28, 2026.