Myomo CEO receives 19,395 RSUs as salary exchange
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,395 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Units financial
grant date fair value financial
vest financial
Board of Directors financial
FAQ
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What insider transaction did MYOMO (MYO) disclose for CEO Paul Gudonis?
How was the MYOMO (MYO) CEO’s RSU grant structured financially?
When do Paul Gudonis’s new MYOMO (MYO) RSUs vest?
Was the MYOMO (MYO) CEO’s RSU grant an open-market stock purchase?
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