Orchestra BioMed (OBIO) director reports 4,238 RSU tax-withholding shares
Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. director Chris Cleary reported a Form 4 transaction involving 4,238 shares of common stock on August 12, 2026. The shares were withheld by the company solely to satisfy tax withholding obligations upon vesting of restricted stock units, with no shares sold in the market. Following this withholding, Cleary directly holds 29,153 common shares.
Positive
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Insider Trade Summary
Net Seller: 4,238 shares
Net Sell
1 txn
Insider
Cleary Chris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1 | 4,238 | $4.42 | $19K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 29,153 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 taxes: 4,238 shares
Withholding price per share: $4.42 per share
Shares held after transaction: 29,153 shares
3 metrics
Shares withheld for taxes
4,238 shares
Common stock withheld on August 12, 2026 to satisfy tax withholding obligations on vesting RSUs
Withholding price per share
$4.42 per share
Value used for the 4,238 common shares withheld for tax obligations
Shares held after transaction
29,153 shares
Directly owned Orchestra BioMed common shares after the tax-withholding transaction
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"in connection with vesting of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with vesting of restricted"
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 Orchestra BioMed (OBIO) report for Chris Cleary?
Director Chris Cleary reported 4,238 shares of Orchestra BioMed common stock withheld on August 12, 2026 to cover tax obligations from vesting RSUs, with no market sale occurring.
What does transaction code F mean in the OBIO Form 4 for Chris Cleary?
Transaction code F indicates payment of tax liability by delivering or withholding securities. For Chris Cleary, this reflects issuer share withholding for taxes on vesting RSUs, not an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.