Orchestra BioMed officer reports tax share withholding
Orchestra BioMed Holdings, Inc. insider Joshua Aiello, the Principal Accounting Officer, reported a small share disposition tied to taxes, not a market trade.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. insider Joshua Aiello, the Principal Accounting Officer, reported a small share disposition tied to taxes, not a market trade. The company withheld 241 shares of Common Stock at $4.57 per share to cover tax obligations from restricted stock unit vesting. After this withholding, Aiello directly holds 18,644 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share ("Common Stock") | 241 | $4.57 | $1K |
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.
FAQ
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What did Orchestra BioMed (OBIO) insider Joshua Aiello report in this Form 4?
What does the transaction code “F” mean in the Orchestra BioMed (OBIO) Form 4?
Does this Orchestra BioMed (OBIO) insider filing indicate a change in insider sentiment?
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