Orchestra BioMed (OBIO): Director granted 15,000 RSUs, direct ownership 107,482
Rhea-AI Filing Summary
Aryeh Jason, a director of Orchestra BioMed Holdings, Inc. (OBIO), was awarded 15,000 restricted stock units (RSUs) on 08/07/2025. Each RSU represents a contingent right to receive one share of common stock, and the filing shows the reporting person beneficially owns 107,482 shares following the award.
The RSUs are scheduled to vest on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service through that date. The transaction is reported as a non-derivative equity award (Transaction Code A) with a reported price of $0 and is held in a direct ownership form.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director equity award aligns management and shareholder interests; routine, non-derivative, and administratively standard.
The Form 4 documents a standard director compensation event: an award of 15,000 RSUs that convert into common shares upon vesting. Vesting is time-based (one year) and conditioned on continuous service, which is a common retention mechanism. The filing shows direct beneficial ownership of 107,482 shares post-award and no derivative transactions are reported. From a governance standpoint, this is a routine alignment tool rather than an unusual corporate action.
TL;DR: Non-derivative RSU grant reported; transaction code A and price $0 indicate a standard equity award with limited immediate market impact.
The entry is recorded as an acquisition (Transaction Code A) of 15,000 RSUs at a reported price of $0, reflecting a compensation grant rather than an open-market purchase. The RSUs vest in one year and are reported as direct holdings, increasing the reporting person’s total to 107,482 shares. The Form 4 lists no derivative positions or sales tied to this transaction, suggesting no immediate change in liquidity or selling pressure from this award alone.