Myomo CMO disposes shares for tax withholding
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Rhea-AI Filing Summary
MYOMO, INC. Chief Medical Officer Harry Kovelman reported a Form 4 transaction where 10,442 shares of Common Stock were sold at $1.20 per share on June 12, 2026. According to the footnote, these shares were sold solely to pay income taxes from restricted stock units that vested on June 11, 2026, under an earlier irrevocable election. After this tax-withholding disposition, Kovelman directly owns 90,541 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,442 | $1.20 | $13K |
Footnotes (1)
- F1. Represents shares sold on June 12, 2026 solely to pay income taxes resulting from a vesting of restrcted stock units on June 11, 2026, purusant to an irrevocable election made by the Reporting Party on May 28, 2026.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
irrevocable election financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Myomo (MYO) disclose in Harry Kovelman’s latest Form 4?
Does the Myomo (MYO) Form 4 show insider buying or selling activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.