Orchestra BioMed (OBIO) officer sees shares withheld for RSU taxes
Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. (OBIO) reported an insider equity event involving Principal Accounting Officer Joshua Aiello. On 2026-08-26, 203 shares of common stock were withheld at $5.26 per share to satisfy tax withholding obligations upon vesting of restricted stock units. No shares were sold in the market, and Aiello now holds 18,441 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 203 shares
Net Sell
1 txn
Insider
Aiello Joshua
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1 | 203 | $5.26 | $1K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 18,441 shares (Direct)
Footnotes (1)
- F1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
Key Figures
Shares withheld for tax: 203 shares
Per-share value for withholding: $5.26 per share
Shares held after transaction: 18,441 shares
3 metrics
Shares withheld for tax
203 shares
Withholding on 2026-08-26 to satisfy tax obligations upon RSU vesting
Per-share value for withholding
$5.26 per share
Value applied to the 203 shares withheld for tax obligations
Shares held after transaction
18,441 shares
Total OBIO common shares directly owned by Joshua Aiello following the transaction
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units ("RSUs") financial
"in connection with vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with vesting"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did OBIO report for Joshua Aiello?
Orchestra BioMed reported that Principal Accounting Officer Joshua Aiello had 203 shares of common stock withheld on 2026-08-26 to satisfy tax withholding obligations related to vesting restricted stock units. The company disclosed that no shares were sold in the market.
Did Joshua Aiello sell OBIO stock in the open market?
No. The filing states that the 203 shares represent shares withheld by Orchestra BioMed to satisfy tax withholding obligations from vesting restricted stock units, and that no shares were sold in the market as a result of this event.
What was the nature of the Form 4 code F transaction for OBIO?
The Form 4 describes the code F transaction as “Payment of tax liability by delivering or withholding securities.” The company’s footnote further explains it as withholding OBIO shares to satisfy tax withholding obligations on vesting restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.