Research Summary
AI-generated summary of this SEC filing
MYOMO CEO Paul R. Gudonis Receives 10,454 RSUs
What Happened
- Paul R. Gudonis, CEO of MYOMO, INC. (MYO), received an award of 10,454 restricted stock units (RSUs) on July 10, 2026. The reported acquisition price is $0.00 (standard for RSU grants); the filing shows an acquisition of 10,454 shares with total dollar amount reported as $0.
- This was an equity compensation grant (transaction code A — Award/Grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10; Form 4 filed: 2026-07-13.
- Reported price per share: $0.00 (reflects an RSU grant rather than a cash purchase).
- Shares granted: 10,454 RSUs; vesting: these RSUs vest in their entirety on October 10, 2026 (per footnote).
- Grant structure: the RSUs come under a program allowing employees to forego 10% of salary in exchange for RSUs with a grant-date fair value equal to 115% of the salary exchanged; this grant covers three months of salary.
- Shares owned after the transaction: not specified in the provided filing information.
- Filing timeliness: Form was filed July 13 for a July 10 transaction; no indication in the provided data that the filing was late.
Context
- RSU grants are a form of compensation and do not represent an immediate purchase or sale of stock; value is realized only if/when the RSUs vest and convert to shares (and may be subject to tax withholding).
- This award reflects compensation policy rather than an explicit buy/sell signal; retail investors typically view new grants as routine executive pay unless unusually large or paired with other insider trades.