Myomo director buys 40,002 shares in open market
MYOMO, INC. director F. Kirk Thomas reported an open-market purchase of 40,002 shares of common stock on June 5, 2026 at a weighted average price of $1.27 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
MYOMO, INC. director F. Kirk Thomas reported an open-market purchase of 40,002 shares of common stock on June 5, 2026 at a weighted average price of $1.27 per share. The filing notes the shares were bought in multiple lots at prices ranging from $1.23 to $1.30 per share. Following this transaction, Thomas directly owns 693,865 shares of Myomo common stock.
Insights
Director makes modest open-market share purchase, increasing direct stake.
Director F. Kirk Thomas acquired 40,002 Myomo common shares in an open-market transaction at a weighted average price of $1.27 per share, with trade prices between $1.23 and $1.30. This is a discretionary purchase, not a grant or tax event.
After the transaction, Thomas holds 693,865 shares directly, so the new purchase represents a relatively small addition to an already sizable position. The filing does not reference any Rule 10b5-1 trading plan, suggesting the timing was not pre-scheduled under such a plan. Overall, this appears to be a routine insider buy rather than a transformational move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 40,002 | $1.27 | $51K |
Footnotes (2)
- F1. Represents open market purchases.
- F2. Represented weighted average purchase price. Shares were purchased in multiple lots at purchase prices ranging from $1.23 to $1.30 per share. Reporting Party agrees to provide details of the transacitons to the SEC upon request.
Key Figures
Key Terms
open market purchases financial
weighted average purchase price financial
Form 4 regulatory
transaction code "P" regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Myomo (MYO) report for director F. Kirk Thomas?
Was the Myomo (MYO) insider transaction a purchase or a sale?
Did the Myomo (MYO) director’s Form 4 mention a trading plan for this purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.