Orchestra BioMed director reports RSU tax withholding
Orchestra BioMed Holdings, Inc. director John Prosper Mack reported a Form 4 transaction where 4,885 shares of common stock were withheld by the company at $4.42 per share to satisfy tax withholding obligations upon vesting of restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. director John Prosper Mack reported a Form 4 transaction where 4,885 shares of common stock were withheld by the company at $4.42 per share to satisfy tax withholding obligations upon vesting of restricted stock units. According to the company, no shares were sold in the market, and Mack’s directly held stake after the withholding is 66,544 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1 | 4,885 | $4.42 | $22K |
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
Key Terms
restricted stock units financial
tax withholding obligations financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OBIO director John Prosper Mack report?
What does transaction code F mean in the OBIO Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.