Myomo (MYO) CFO receives RSU grant and disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Myomo, Inc. Chief Financial Officer David A. Henry reported compensation-related equity transactions in Myomo common stock. On July 10, 2026, he received a grant of 7,840 Restricted Stock Units under a Board-approved program allowing employees to exchange 10% of salary for RSUs, with a grant date fair value of 115% of the salary exchanged; this grant covers three months of salary and vests in full on October 10, 2026. On July 13, 2026, 5,166 shares were disposed of solely to cover income taxes from RSU vesting, pursuant to an irrevocable election made on December 11, 2025. Following these transactions, Henry holds 426,829 shares of Myomo common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HENRY DAVID A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,166 | $1.09 | $6K |
| Grant/Award | Common Stock | 7,840 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 426,829 shares (Direct)
Footnotes (1)
- Represents a grant of Restricted Stock Units ("RSU's") under a program approved by the Company's Board of Directors allowing employees to forego 10% of their salary in exchange for a grant of RSUs with a grant date fair value of 115% of such salary exchanged. This grant covers the exchange of three months of salary. RSU's under this grant vest in their entirety on October 10, 2026. Represents shares sold on July 13, 2026 solely to pay income taxes resulting from the vesting of restricted stock units on July 10, 2026. Transaction was completed pursuant to an irrevocable election made by the Reporting Person on December 11, 2025.
Key Figures
RSU grant size: 7,840 shares
Tax withholding shares: 5,166 shares
Disposition price per share: $1.09 per share
+4 more
7 metrics
RSU grant size
7,840 shares
Restricted Stock Units granted on July 10, 2026 under salary-exchange program
Tax withholding shares
5,166 shares
Shares disposed of on July 13, 2026 solely to pay income taxes from RSU vesting
Disposition price per share
$1.09 per share
Price associated with the 5,166-share tax-withholding disposition on July 13, 2026
Shares held after transactions
426,829 shares
Direct ownership of Myomo common stock following the July 2026 transactions
Salary exchange percentage
10%
Portion of salary employees can forego in exchange for RSUs under the program
RSU premium to salary
115%
Grant date fair value of RSUs as a percentage of salary exchanged
RSU vesting date
October 10, 2026
Date when RSUs from the July 10, 2026 grant vest in full
Key Terms
Restricted Stock Units, grant date fair value, irrevocable election, tax-withholding disposition
4 terms
Restricted Stock Units financial
"Represents a grant of Restricted Stock Units ("RSU's") under a program"
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.
grant date fair value financial
"RSUs with a grant date fair value of 115% of such salary exchanged"
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
irrevocable election financial
"Transaction was completed pursuant to an irrevocable election made"
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.
FAQ
What equity awards did Myomo (MYO) CFO David A. Henry receive?
Myomo’s CFO David A. Henry received a grant of 7,840 RSUs on July 10, 2026. The award was issued under a Board-approved program allowing employees to exchange 10% of salary for RSUs at 115% of the salary’s grant date fair value.
How does the Myomo (MYO) salary-for-RSU program work for executives?
The program allows employees to forego 10% of salary in exchange for RSUs with a grant date fair value of 115% of that salary amount. The CFO’s July 10, 2026 RSU grant represents three months of exchanged salary under this arrangement.
When do the newly granted Myomo (MYO) RSUs to the CFO vest?
The RSUs granted to the CFO on July 10, 2026 vest in their entirety on October 10, 2026. Vesting triggers taxable income, which in this case led to the subsequent tax-related disposition of 5,166 shares on July 13, 2026.