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Myomo (MYO) CEO swaps salary for 19,395 RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MYOMO, INC. reported that Chief Executive Officer Paul R. Gudonis acquired 19,395 shares of common stock through a grant of Restricted Stock Units (RSUs) with no cash paid per share. These RSUs were issued under a program allowing employees to exchange 10% of their salary for equity at a grant date fair value of 115% of the salary given up, covering three months of salary.

The RSUs from this grant vest in full on July 9, 2026. After this award, Gudonis directly holds a total of 1,280,045 shares of Myomo common stock, underscoring that this is primarily a compensation-related equity grant rather than an open‑market purchase.

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Insider GUDONIS PAUL R
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 19,395 $0.00 --
Holdings After Transaction: Common Stock — 1,280,045 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 19,395 shares Restricted Stock Units granted to CEO on April 10, 2026
Price per share $0.00 per share No cash paid for RSUs; compensation grant
Shares held after grant 1,280,045 shares Total common shares directly held by CEO post-transaction
Salary exchanged 10% of salary Portion of employee salary exchanged for RSUs under program
Grant value multiple 115% of salary exchanged Grant date fair value relative to foregone salary
Salary period covered Three months RSU grant covers three months of exchanged salary
Vesting date July 9, 2026 Date on which all RSUs from this grant fully vest
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
"in exchange for a grant of RSUs with a grant date fair value of 115%"
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.
vest financial
"RSU's under this grant vest in their entirety on July 9, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Board of Directors financial
"under a program approved by the Company's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GUDONIS PAUL R

(Last)(First)(Middle)
C/O MYOMO, INC.
45 BLUE SKY DR., SUITE 101

(Street)
BURLINGTON MASSACHUSETTS 01803

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MYOMO, INC. [ MYO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/10/2026A19,395(1)A$01,280,045D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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 July 9, 2026.
/s/ David A. Henry, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MYOMO (MYO) disclose for CEO Paul Gudonis?

MYOMO disclosed that CEO Paul Gudonis received 19,395 Restricted Stock Units as equity compensation. The RSUs were granted with no cash paid per share, reflecting a salary-for-stock exchange rather than an open‑market purchase of MYO shares.

How was the MYOMO (MYO) CEO’s RSU grant structured financially?

The RSU grant lets the CEO forego 10% of his salary for three months in exchange for equity. The award’s grant date fair value equals 115% of the salary exchanged, providing additional stock-based compensation without immediate cash outlay from the company.

When do Paul Gudonis’s new MYOMO (MYO) RSUs vest?

All 19,395 Restricted Stock Units granted to CEO Paul Gudonis vest in full on July 9, 2026. Vesting means the shares become fully earned on that date, assuming conditions are met, turning the RSUs into freely owned common stock.

How many MYOMO (MYO) shares does the CEO hold after this RSU award?

Following the RSU grant, CEO Paul Gudonis directly holds 1,280,045 shares of MYOMO common stock. This total includes the newly awarded 19,395 RSUs, highlighting that the transaction primarily increases his long‑term equity stake rather than reflecting trading activity.

Was the MYOMO (MYO) CEO’s RSU grant an open-market stock purchase?

No, the CEO’s 19,395-share award is a grant of Restricted Stock Units, not an open‑market stock purchase. It arises from a Board‑approved program where employees exchange part of their salary for RSUs, aligning compensation more closely with share performance.