Myomo (MYO) director adds 72,000 MYO shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYOMO, INC. director Kirk Thomas F reported an open-market purchase of 72,000 shares of Common Stock. The weighted average purchase price was about $0.7099 per share, with individual trade prices ranging from $0.70 to $0.71. Following these purchases, he directly owns 553,857 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 72,000 shares ($51,113)
Net Buy
1 txn
Insider
KIRK THOMAS F
Role
Director
Bought
72,000 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 72,000 | $0.7099 | $51K |
Holdings After Transaction:
Common Stock — 553,857 shares (Direct)
Footnotes (1)
- Represents open market purchases. Represents weighted average purchase price. Shares were purchased in multiple lots, at purchase prices ranging from $0.70 to $0.71 per share. Reporting Party agrees to provide details of the transactions to the SEC upon request.
FAQ
What insider transaction did MYOMO (MYO) disclose in this Form 4?
MYOMO disclosed that director Kirk Thomas F bought 72,000 shares of Common Stock in an open-market transaction. The filing shows this as a direct ownership increase and characterizes it as an open-market purchase rather than a grant or derivative exercise.
Was the MYO director’s transaction an open-market trade or an option exercise?
The transaction was an open-market purchase of Common Stock, not an option exercise or derivative conversion. The Form 4 uses transaction code P and notes that it represents open-market purchases executed in multiple lots at prices between $0.70 and $0.71 per share.
Does the MYOMO Form 4 mention any derivative securities for this director?
The Form 4 data show no derivative transactions or remaining derivative positions for this director in this filing. The derivativeSummary section is empty, indicating the reported activity relates solely to non-derivative Common Stock bought in the open market.