Orchestra BioMed (OBIO) Form 4: 15,000 RSUs granted to director
Rhea-AI Filing Summary
Orchestra BioMed Holdings director Mack John Prosper 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 award shows a per-unit price of $0. The RSUs are scheduled to vest on the one-year anniversary of the grant, subject to the reporting persons continuous service through that date. After this award the reporting person beneficially owns 40,286 shares on a direct basis.
The Form 4 shows the transaction as an acquisition (code A) and was filed by one reporting person. No derivative securities or additional transactions are reported in this filing and no other material details are provided.
Positive
- Award of 15,000 RSUs to director reported, increasing direct beneficial ownership to 40,286 shares
- RSUs vest in one year subject to continuous service, with each RSU representing one share and showing a price of $0
Negative
- None.
Insights
TL;DR: Director Mack John Prosper received 15,000 RSUs that vest in one year, bringing direct beneficial ownership to 40,286 shares.
The filing documents an award of 15,000 RSUs granted on 08/07/2025, each representing a contingent right to one share with a reported price of $0. Vesting is conditioned on continuous service through the one-year anniversary. The Form 4 reports this as an acquisition and lists 40,286 shares beneficially owned following the transaction. There are no derivative holdings or other transactions disclosed. Based solely on the filings content, this is a discrete equity award disclosure without additional corporate or financing actions described.
TL;DR: A director award of 15,000 RSUs is disclosed, vesting after one year; the filing reports the updated direct ownership total.
The statement explicitly describes the grant as an award of restricted stock units, each convertible into one share, vesting on a one-year schedule contingent on continued service. The filing shows acquisition code "A" and lists the reporting person as a director. The document does not disclose any accelerated vesting, transfer restrictions beyond the service condition, or related-party transactions. From a governance-disclosure perspective, the filing provides the standard, required details for an insider equity award but does not include additional governance actions or changes to board composition.