Form 4: Myomo CFO Acquires Shares in Tax Withholding
Statement of Changes in Beneficial Ownership
Myomo, Inc. Chief Financial Officer, David A. Henry, acquired 10,050 shares of common stock on June 8, 2026, through a transaction to cover income taxes from vested restricted stock units.
Summary
- David A. Henry, Chief Financial Officer of Myomo, Inc., was involved in a transaction on June 8, 2026.
- This transaction involved the withholding of 10,050 shares of common stock.
- The shares were withheld to cover income taxes due to the vesting of restricted stock units on June 5, 2026.
- Following this transaction, Mr. Henry beneficially owns 435,124 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a standard tax-related event for vested stock units rather than a discretionary investment decision by management.
Positives
- The transaction indicates that restricted stock units vested, suggesting a positive event for executive compensation and potential alignment with company performance.
- The CFO's direct beneficial ownership of 435,124 shares demonstrates a significant personal stake in the company.
Negatives
- The withholding of shares to cover taxes represents a reduction in the net shares received by the executive, although this is a standard practice for tax obligations.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, such as the one reported by Myomo's CFO. These filings provide transparency into executive compensation and potential insider sentiment, but this specific transaction is primarily a tax-related event rather than a direct purchase or sale indicating a change in investment strategy.
Stakeholder Impact
- Shareholders: The transaction is a routine tax event related to executive compensation and does not directly impact shareholder value or company operations.
Key Dates
| Date | Description |
|---|---|
| 06/05/2026 | Vesting of restricted stock units. |
| 06/08/2026 | Transaction date for shares withheld to pay income taxes. |
| 06/09/2026 | Date of signature for the Form 4 filing. |
Keywords
Myomo Inc, MYO, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Vesting, Tax Payment, Chief Financial Officer, David A. Henry
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