secwatch.observer — SEC 8-K summary
======================================

Issuer:     MYOMO, INC. (MYO)
CIK:        0001369290
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0000950170-23-071510
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Myomo renews CEO Paul Gudonis employment agreement; $350K base salary, term through Dec 2026
--------------------------------------------------------------------------------

- Base salary of $350,000 with annual bonus opportunity up to 75% of base, effective Jan 1, 2024.
- Three-year at-will term expiring December 31, 2026, automatically continuing unless modified in writing.
- Termination without cause triggers 12 months base salary, bonus, COBRA payments, and accelerated vesting of stock awards for 12 months.
- If terminated without cause within 12 months after a change in control, all stock options and time-based awards fully vest immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1369290/000095017023071510/0000950170-23-071510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1369290/000095017023071510/myo-20231213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-071510

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer