KIRK THOMAS F 4
Research Summary
AI-generated summary
MYOMO (MYO) Director Thomas F. Kirk Buys 72,000 Shares
What Happened
- Thomas F. Kirk, a director of MYOMO, INC. (MYO), purchased 72,000 shares in open-market transactions on March 13, 2026. The weighted average purchase price was $0.71 per share, for a total reported outlay of $51,113. This was a purchase (insider acquisition), which many investors view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-13
- Transaction type/code: Open-market purchase (P)
- Price: weighted average $0.71 per share; individual lots ranged $0.70–$0.71 (see footnote)
- Number of shares acquired: 72,000
- Reported dollar value: $51,113
- Footnotes: F1 = open market purchases; F2 = weighted average price, purchases occurred in multiple lots and the filer will provide lot-level details to the SEC on request
- Shares owned after transaction: not disclosed in the provided filing excerpt
- Filing timeliness: Form filed 2026-03-16 — appears filed within the Form 4 two-business-day reporting window
Context
- This was an outright open-market purchase (not an option exercise, gift, or award). Purchases by officers or directors can be interpreted by some investors as a sign of confidence, but they are not definitive proof of future performance. The transaction amount here ($~51k) is modest in absolute terms; consider size relative to company market cap and the insider’s total holdings (not provided) when assessing significance.