Orchestra BioMed CFO shares withheld for RSU taxes
Orchestra BioMed Holdings, Inc. Chief Financial Officer Andrew Taylor Lawrence reported a tax-related share withholding linked to restricted stock unit vesting.
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Rhea-AI Filing Summary
Orchestra BioMed Holdings, Inc. Chief Financial Officer Andrew Taylor Lawrence reported a tax-related share withholding linked to restricted stock unit vesting. The issuer withheld 36,352 shares of common stock at an implied value of $4.02 per share to satisfy tax withholding obligations, and no shares were sold in the market. After this withholding, Lawrence directly holds 593,065 shares of Orchestra BioMed common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 36,352 | $4.02 | $146K |
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 ("RSUs") financial
tax withholding obligations financial
tax-withholding disposition financial
FAQ
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What did Orchestra BioMed (OBIO) disclose in this Form 4 for its CFO?
What does the F code mean in the Orchestra BioMed (OBIO) Form 4?
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