Form 4: Manko Reports MYO Stock Transactions
Statement of Changes in Beneficial Ownership
Joseph M. Manko Jr., a Director at MYOMO, INC., has reported transactions involving the acquisition of company stock.
Summary
- Joseph M. Manko Jr., a Director of MYOMO, INC. (MYO), has filed a Form 4 reporting transactions related to the company's common stock.
- On May 14, 2026, Manko acquired 170,830 shares at a price of $0.8602 per share.
- On May 15, 2026, an additional 30,367 shares were acquired at a price of $0.8878 per share.
- These shares are beneficially owned indirectly through Horton Capital Partners Fund, LP, with investment and voting power managed by Horton Capital Management, LLC.
- Mr. Manko is the managing member of both Horton Capital Management, LLC and Horton Capital Partners, LLC, the general partner of Horton Capital Partners Fund, LP.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates insider buying activity, but lacks broader financial context or strategic commentary.
Positives
- Director Joseph M. Manko Jr. has increased his beneficial ownership of MYOMO, INC. stock through direct acquisitions.
- The acquisitions were made at prices below $1.00, potentially indicating a belief in future stock appreciation from current levels.
Negatives
- The filing does not provide context for the reasons behind these stock acquisitions.
Risks
- The filing does not explicitly mention any risks associated with these transactions.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Management Comments
- Mr. Manko disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Industry Context
StockSavvy.ai notes that Form 4 filings by company insiders, such as directors, are closely watched by investors as they can signal confidence in the company's future prospects. Acquisitions by directors, especially when made at lower price points, can be interpreted as a positive signal.
Related Party Transactions
- The transactions involve beneficial ownership through entities managed by Mr. Manko, including Horton Capital Partners Fund, LP, Horton Capital Management, LLC, and Horton Capital Partners, LLC.
Stakeholder Impact
- Shareholders may view insider buying as a positive signal of management's belief in the company's value.
- Employees may be encouraged by the director's investment in the company.
Next Steps
- Continued monitoring of insider transactions for further insights into management's confidence in MYOMO, INC.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Earliest transaction date reported and date of acquisition of 170,830 shares. |
| 05/15/2026 | Date of acquisition of 30,367 shares. |
| 05/18/2026 | Date of signature for the Form 4 filing. |
Keywords
MYOMO, INC., MYO, Form 4, Stock Transaction, Beneficial Ownership, Director, Joseph M. Manko Jr., Horton Capital Partners Fund, LP, Horton Capital Management, LLC
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