Director at MYOMO (NYSE: MYO) receives 78,704 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crowley Thomas Aloysius Jr. reported acquisition or exercise transactions in this Form 4 filing.
MYOMO, INC. director Thomas Aloysius Crowley Jr. received a grant of 78,704 Restricted Stock Units, each representing one share of common stock, at no cash cost. These RSUs vest in four equal quarterly installments beginning on September 9, 2026. Following this award, he directly holds 154,452 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Crowley Thomas Aloysius Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78,704 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 154,452 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 78,704 shares
Grant price: $0.00 per share
Shares after transaction: 154,452 shares
+1 more
4 metrics
RSU grant size
78,704 shares
Restricted Stock Units granted on June 25, 2026
Grant price
$0.00 per share
Equity compensation award, not a market purchase
Shares after transaction
154,452 shares
Director’s direct holdings after RSU grant
Vesting start date
September 9, 2026
First of four equal quarterly vesting installments
Key Terms
Restricted Stock Units, 2018 Stock Option and Incentive Plan, contingent right, vest
4 terms
Restricted Stock Units financial
"Represents grant of Restricted Stock Units under the Issuer's 2018 Stock Option and Incentive Plan"
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.
2018 Stock Option and Incentive Plan financial
"under the Issuer's 2018 Stock Option and Incentive Plan, each representing a contingent right"
contingent right financial
"each representing a contingent right to receive one share of the Issuer's common stock"
vest financial
"Such Restricted Stock Units vest in four equal quarterly installments"
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.
FAQ
What insider transaction did MYO director Crowley report on this Form 4?
Director Thomas Aloysius Crowley Jr. reported receiving 78,704 Restricted Stock Units in MYOMO, INC. stock. The grant is compensation, not an open-market purchase, and each unit represents a contingent right to one share of common stock.
At what price were the MYO Restricted Stock Units granted to the director?
The 78,704 Restricted Stock Units were granted at a price of $0.00 per share. This indicates a compensation award rather than a cash purchase, typical for equity incentives granted under a company stock plan.
How and when do the MYO RSUs granted to the director vest?
The Restricted Stock Units vest in four equal quarterly installments beginning on September 9, 2026. This schedule spreads vesting over one year, aligning the director’s compensation with continued service over that timeframe.
Under which plan were the MYO Restricted Stock Units granted to the director?
The 78,704 Restricted Stock Units were granted under MYOMO, INC.’s 2018 Stock Option and Incentive Plan. This plan provides equity-based awards, giving directors and other participants contingent rights to receive common shares over time.