Orchestra BioMed Strengthens Director Compensation with Dual Stock Incentives
Rhea-AI Filing Summary
Orchestra BioMed Holdings (OBIO) reported insider trading activity through a Form 4 filing for Director David Pacitti. On June 24, 2025, Pacitti received two equity compensation awards:
- 12,422 Restricted Stock Units (RSUs) with a $0 exercise price, bringing his direct ownership to 29,968 shares
- 36,797 Stock Options with an exercise price of $3.22 per share, expiring June 24, 2035
Both the RSUs and stock options will vest in a single installment at the earlier of: (1) one-year anniversary of the grant date, or (2) the company's 2026 Annual Meeting of Stockholders, subject to continued service. This equity compensation aligns the director's interests with shareholders through a combination of full-value shares and performance incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,422 shares
Net Buy
2 txns
Insider
Pacitti David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 36,797 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 per share ("Common Stock") | 12,422 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 36,797 shares (Direct);
Common Stock, par value $0.0001 per share ("Common Stock") — 29,968 shares (Direct)
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs") awarded to the Reporting Person on June 24, 2025 (the "Grant Date"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in one installment on the earlier of (x) the one year anniversary of the Grant Date or (y) the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continuous service through such dates.
- F2. The stock options will vest in one installment on the earlier of (x) the one year anniversary of the Grant Date or (y) the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continuous service through such dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grants did OBIO director David Pacitti receive on June 24, 2025?
David Pacitti received two equity grants on June 24, 2025: (1) 12,422 restricted stock units (RSUs) and (2) stock options to purchase 36,797 shares of common stock at an exercise price of $3.22 per share.
When do David Pacitti's OBIO RSUs and stock options vest?
Both the RSUs and stock options will vest in one installment on the earlier of: (1) the one-year anniversary of the grant date (June 24, 2026) or (2) the date of OBIO's 2026 Annual Meeting of Stockholders, subject to continuous service.
What is the exercise price and expiration date of OBIO stock options granted to Pacitti?
The stock options were granted with an exercise price of $3.22 per share and expire on June 24, 2035, ten years from the grant date.