MYOMO Reports Officer Compensation Changes & Board Adjustments
Ticker: MYO · Form: 8-K · Filed: Feb 22, 2024 · CIK: 1369290
| Field | Detail |
|---|---|
| Company | Myomo, Inc. (MYO) |
| Form Type | 8-K |
| Filed Date | Feb 22, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $260,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: compensatory-arrangements, officer-changes, director-changes
TL;DR
**MYOMO just filed an 8-K about executive compensation and board changes, keep an eye on leadership shifts.**
AI Summary
MYOMO, INC. filed an 8-K on February 22, 2024, reporting events that occurred on February 21, 2024. The filing pertains to changes in compensatory arrangements for certain officers and the departure or election of directors or officers. The company, based in Boston, MA, operates in the orthopedic, prosthetic & surgical appliances & supplies industry.
Why It Matters
This filing indicates potential shifts in executive compensation and leadership, which could influence the company's strategic direction and financial performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation and officer/director roles can introduce uncertainty regarding future company strategy and stability.
Key Players & Entities
- MYOMO, INC. (company) — Registrant
- February 21, 2024 (date) — Date of earliest event reported
- February 22, 2024 (date) — Filed as of date
- Boston, Massachusetts (company) — Principal Executive Offices
- 001-38109 (dollar_amount) — Commission File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 21, 2024.
What specific items were reported in this 8-K by MYOMO, INC.?
The 8-K reported 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
Where are MYOMO, INC.'s principal executive offices located?
MYOMO, INC.'s principal executive offices are located at 137 Portland St. 4th Floor, Boston, Massachusetts, 02114.
What is MYOMO, INC.'s Central Index Key (CIK)?
MYOMO, INC.'s Central Index Key (CIK) is 0001369290.
What is the company's Standard Industrial Classification (SIC)?
MYOMO, INC.'s Standard Industrial Classification (SIC) is ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842].
Filing Stats: 1,224 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2024-02-22 16:54:33
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share MYO NYSE Americ
- $260,000 — enry shall (i) receive a base salary of $260,000, and (ii) be eligible to receive an ann
Filing Documents
- myo-20240221.htm (8-K) — 51KB
- myo-ex10_1.htm (EX-10.1) — 19KB
- myo-ex10_2.htm (EX-10.2) — 104KB
- 0000950170-24-018877.txt ( ) — 309KB
- myo-20240221.xsd (EX-101.SCH) — 24KB
- myo-20240221_htm.xml (XML) — 5KB
01
Item 9.01. (d) Exhibits The following exhibits related to Item 5.02 are attached hereto: Exhibit No. Description 10.1 Amended Employment Agreement by and between Myomo, Inc. and David Henry dated February 21, 2024. 10.2 Amended and Restated Change in Control and Severance Agreement by and between Myomo, Inc. and Harry Kovelman dated February 21, 2024. 104 The cover page from the Company's Form 8-K dated February 21, 2024, formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MYOMO, INC. Date: February 22, 2024 By: /s/ David A. Henry David A. Henry Chief Financial Officer