HENRY DAVID A 4
Research Summary
AI-generated summary
MYOMO CFO Henry David A Receives 12,500 RSUs; Sells 3,953 for Taxes
What Happened
Henry David A, Chief Financial Officer of MYOMO, INC. (MYO), received a grant of 12,500 restricted stock units (RSUs) on April 10, 2026. Separately, on April 13, 2026 he disposed of 3,953 shares at $0.71 per share (total ≈ $2,807) to satisfy tax withholding obligations related to the vesting of restricted stock units that occurred April 12, 2026. The RSU grant itself shows $0 cash paid on the Form 4 because it is an award rather than an open-market purchase.
Key Details
- Grant: 12,500 RSUs on 2026-04-10 (reported as code A; $0 cash reported on Form 4).
- Sale/Withholding: 3,953 shares disposed on 2026-04-13 at $0.71/share, proceeds ≈ $2,807 (reported as code F for tax withholding).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes:
- F1: RSU grant is part of a program letting employees forego 10% of salary in exchange for RSUs with a grant-date fair value equal to 115% of the exchanged salary; this grant covers three months of salary and vests in full on July 9, 2026.
- F2: The 3,953 shares were sold solely to pay income taxes from RSUs that vested on April 12, 2026, pursuant to an irrevocable election made Dec 11, 2025.
- Filing date: April 14, 2026 — appears timely based on the reported transaction dates.
Context
- The primary event is an equity award (RSUs), which is different from a cash purchase and typically reflects compensation, not an open-market bullish bet.
- The small disposition was a tax-withholding sale (routine); such sales are common when RSUs vest and do not necessarily indicate a change in insider sentiment.