Orchestra BioMed (OBIO) CEO details RSU-related tax share withholding by insider
Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. reported that a director who also serves as Chief Executive Officer and Chairperson had company shares withheld on 12/10/2025 to cover taxes from vesting restricted stock units. The issuer withheld 40,355 shares of Common Stock at $4.67 per share from the reporting person's direct holdings and 3,283 shares at the same price from shares held through the DPH 2008 Trust, with no shares sold in the market.
After these transactions, the reporting person beneficially owns 572,467 shares of Common Stock directly and 439,482 shares indirectly through the DPH 2008 Trust, along with smaller indirect holdings of 2,000 shares in each of three 2019 trusts and 3,140 shares in the NSH 2008 Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share ("Common Stock") | 40,355 | $4.67 | $188K |
| Tax Withholding | Common Stock | 3,283 | $4.67 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Orchestra BioMed (OBIO) disclose in this filing?
A director and officer of Orchestra BioMed Holdings, Inc. reported that on 12/10/2025 the issuer withheld 40,355 directly held shares and 3,283 indirectly held shares of Common Stock at $4.67 per share to satisfy tax withholding obligations tied to vesting restricted stock units.
What is the role of the reporting person at Orchestra BioMed (OBIO)?
The reporting person is identified as both a Director and an Officer, with the title Chief Executive Officer and Chairperson of Orchestra BioMed Holdings, Inc.
What does transaction code "F" mean in this Orchestra BioMed insider report?
The filing uses transaction code F and explains that it represents the withholding of shares by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.