Form 4: Myomo Inc. Director Receives Restricted Stock Units
Statement of Changes in Beneficial Ownership
Thomas Aloysius Crowley Jr., a Director at Myomo, Inc., was granted 78,704 Restricted Stock Units (RSUs) on June 25, 2026, under the company's 2018 Stock Option and Incentive Plan.
Summary
- Thomas Aloysius Crowley Jr., a Director of Myomo, Inc., received a grant of 78,704 Restricted Stock Units (RSUs) on June 25, 2026.
- These RSUs were granted under the company's 2018 Stock Option and Incentive Plan.
- Each RSU represents a contingent right to receive one share of Myomo, Inc.'s common stock.
- The RSUs will vest in four equal quarterly installments, with the first vesting date on September 9, 2026.
- Following this transaction, Mr. Crowley beneficially owns 154,452 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity grant to a director and does not contain new financial performance data or strategic shifts.
Positives
- Director receives equity award, indicating continued alignment with shareholder interests.
- The grant is part of an established incentive plan, suggesting a structured approach to executive compensation.
- Vesting schedule over four quarters provides retention incentive and aligns rewards with future performance.
Negatives
- The filing does not contain any negative financial or operational information.
Risks
- The value of the RSUs is subject to the future performance of Myomo, Inc.'s common stock.
- Vesting is contingent on continued service, meaning the award could be forfeited if the director leaves the company before vesting.
Future Outlook
The Restricted Stock Units granted will vest over four equal quarterly installments beginning September 9, 2026, contingent upon continued service.
Industry Context
StockSavvy.ai notes that grants of Restricted Stock Units to directors are a common practice in the biotechnology and medical device sectors, including companies like Myomo, Inc., to incentivize long-term commitment and align executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The grant of RSUs to a director is a standard compensation practice that aligns director interests with long-term company performance. The vesting schedule aims to retain key personnel.
- Employees: The filing pertains to director compensation and does not directly impact general employees.
- Management: The director's compensation is structured to encourage continued service and alignment with company goals.
Next Steps
- Vesting of Restricted Stock Units in four equal quarterly installments starting September 9, 2026.
Key Dates
| Date | Description |
|---|---|
| 06/25/2026 | Date of earliest transaction (grant of RSUs). |
| 09/09/2026 | First vesting date for the granted Restricted Stock Units. |
Keywords
Myomo Inc., MYO, Form 4, SEC Filing, Restricted Stock Units, RSU Grant, Director Compensation, Equity Award, Stock Incentive Plan, Beneficial Ownership
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