MYOMO, INC. 8-K

What Happened
Myomo, Inc. (MYO) filed an 8-K reporting that, effective May 9, 2026, the Board appointed Joseph M. Manko Jr. as a Class I director following a recommendation from the Nominating and Corporate Governance Committee. Mr. Manko will serve until his term expires at the 2027 annual meeting, when he will stand for election by shareholders. The company issued a press release about the appointment on May 13, 2026.

Key Details

• Appointment effective May 9, 2026; Mr. Manko will serve as a Class I director through the 2027 annual meeting.
• Mr. Manko (age 60) is Senior Principal and founder of Horton Capital Management LLC (the Horton Fund) and is a significant shareholder in Myomo; he previously held senior roles at BZ Fund Management, Deutsche Bank and Merrill Lynch, and was a corporate finance attorney at Skadden.
• He has entered into the company’s standard indemnification agreement for non-employee directors and is not party to any related‑party transactions requiring Item 404 disclosure.
• Director compensation will follow the company’s non-employee director policy (current cash retainer $60,000 and annual restricted stock units valued at $85,000), beginning after the 2026 Annual Meeting; Mr. Manko has not been assigned to any Board committees.

Why It Matters
This filing signals a change in Board composition with the addition of a significant shareholder and experienced investment executive. For investors, a new director who is also a notable shareholder can affect corporate governance and alignment between management and shareholders. The filing discloses no related-party transactions and confirms standard indemnification and director compensation terms, indicating no immediate conflict or unusual financial arrangements tied to the appointment.