Form 4: MYOMO CEO Acquires 11,637 RSUs in Salary Exchange Program

MYOMO, Inc. CEO Paul R. Gudonis acquired 11,637 Restricted Stock Units as part of a salary exchange program, vesting on April 12, 2026.

Summary

• Paul R. Gudonis, Chief Executive Officer and Director of MYOMO, Inc. (MYO), acquired 11,637 shares of common stock.
• The transaction occurred on January 12, 2026, at a price of $0 per share.
• This acquisition represents a grant of Restricted Stock Units (RSUs) under a program approved by the Company's Board of Directors.
• The program allows employees to forego 10% of their salary in exchange for RSUs with a grant date fair value of 115% of the exchanged salary.
• This specific grant covers three months of salary.
• The 11,637 RSUs will vest in their entirety on April 12, 2026.
• Following this transaction, Mr. Gudonis beneficially owns a total of 1,260,650 shares of common stock.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to the CEO increases insider ownership, which generally aligns management's interests with those of shareholders. While not a direct cash investment, it demonstrates commitment through a salary exchange program, which is a positive signal.

Positives

• Increased insider ownership by the CEO, which generally aligns management's interests with those of shareholders.
• The RSU grant is part of a Board-approved program, indicating structured and formally overseen compensation practices.
• The program incentivizes long-term commitment by allowing employees to exchange salary for RSUs at a 115% fair value.

Negatives

• The acquisition was a grant of Restricted Stock Units through a salary exchange, not a direct cash purchase of shares in the open market.

Future Outlook

The granted Restricted Stock Units are scheduled to vest in their entirety on April 12, 2026, indicating a future equity event for the CEO.

Industry Context

Insider transactions, such as RSU grants, are common compensation mechanisms in publicly traded companies, particularly for executives. They are often viewed as a way to align management incentives with long-term shareholder value creation, especially when tied to vesting schedules.

Corporate Governance

Related Party Transactions

• Grant of 11,637 Restricted Stock Units to Paul R. Gudonis, the Chief Executive Officer and a Director, as part of an employee compensation program involving a salary exchange.

Stakeholder Impact

• Shareholders: Increased alignment of the CEO's financial interests with long-term shareholder value due to increased equity ownership.
• Employees: The RSU program offers an incentive for employees, including the CEO, to exchange salary for equity, potentially fostering a sense of ownership and commitment.

Next Steps

• The 11,637 Restricted Stock Units will vest in their entirety on April 12, 2026.

Key Dates

Keywords

MYOMO, MYO, Paul R. Gudonis, Restricted Stock Units, RSU, Insider Transaction, CEO, Director, Equity Compensation, Form 4