Orchestra BioMed (OBIO) CFO receives 181,000 restricted stock units grant
Rhea-AI Filing Summary
Taylor Andrew Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Orchestra BioMed Holdings Chief Financial Officer granted 181,000 RSUs. On February 12, 2026, CFO Andrew Taylor received an award of 181,000 restricted stock units, each representing a right to one share of common stock at a grant price of $0. The RSUs vest in four equal 25% installments at 18, 24, 30 and 36 months after February 12, 2026, contingent on his continued service. Following this grant, he beneficially owns 632,493 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 181,000 shares
Net Buy
1 txn
Insider
Taylor Andrew Lawrence
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 181,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 632,493 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest over a three-year period as follows: (i) 25% of the shares will vest 18 months after February 12, 2026 (the "Issue Date"), (ii) 25% of the shares will vest 24 months after the Issue Date, (iii) 25% of the shares will vest 30 months after the Issue Date and (iv) 25% of the shares will vest 36 months after the Issue Date, subject to the Reporting Person's continuous service through such dates.
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FAQ
What insider transaction did Orchestra BioMed (OBIO) report for its CFO?
Orchestra BioMed reported that its Chief Financial Officer, Andrew Taylor, received an award of 181,000 restricted stock units. Each RSU represents a contingent right to one share of common stock, subject to a multi-year vesting schedule tied to continued service.
What is the vesting schedule for the Orchestra BioMed (OBIO) CFO’s 181,000 RSUs?
The 181,000 RSUs vest over three years in four equal 25% installments. Vesting occurs 18, 24, 30, and 36 months after February 12, 2026, provided the Chief Financial Officer remains in continuous service through each scheduled vesting date.
At what price were the Orchestra BioMed (OBIO) CFO’s RSUs granted?
The restricted stock units were granted at a reported price of $0 per unit, reflecting that they are an equity award rather than a cash purchase. Value realization for the Chief Financial Officer depends on future share deliveries as the RSUs vest over time.
What type of Form 4 transaction code applies to the Orchestra BioMed (OBIO) CFO’s award?
The transaction is coded as “A” on Form 4, indicating a grant, award, or other acquisition of securities. This confirms the CFO received the 181,000 restricted stock units as compensation rather than buying them in an open-market or cash transaction.