Myomo (MYO) CCO sells 90,231 shares, retaining 109,478-share stake
Rhea-AI Filing Summary
MYOMO, INC. Chief Commercial Officer Micah Mitchell reported an open-market sale of 90,231 shares of common stock on May 14. The weighted average sale price was $0.861 per share, with individual trades executed between $0.85 and $0.889 per share. After these transactions, Mitchell directly owns 109,478 shares of Myomo common stock.
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Insights
Myomo’s CCO executed a sizable open-market share sale but retains a substantial equity stake.
Chief Commercial Officer Micah Mitchell conducted an open-market sale of 90,231 Myomo common shares at a weighted average price of $0.861 per share. Trades occurred in multiple lots within a range of $0.85 to $0.889 per share, indicating a series of executions rather than a single block trade.
Following the sale, Mitchell holds 109,478 shares directly, so he maintains meaningful exposure to Myomo’s equity. The filing characterizes the transaction as an open-market sale and does not reference option exercises, tax withholding, or a pre-arranged trading plan in the provided excerpt, suggesting a straightforward discretionary sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 90,231 | $0.861 | $78K |
Footnotes (2)
- F1. Represents sale of common stock on May 14, 2026 in a series of open market transactions.
- F2. Represents weighted average sales price. Shares were sold in multiple lots at prices ranging from $0.85 to $0.889 per share. Reporting party agrees to provide details of the transactions to the SEC upon request.
Key Figures
Key Terms
open-market sale financial
weighted average sales price financial
multiple lots financial
Form 4 regulatory
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