Orchestra BioMed (OBIO) director withholds 3,761 shares to cover RSU tax bill
Rhea-AI Filing Summary
Orchestra BioMed Holdings director David Pacitti reported a single transaction involving company stock. On 2026-08-12, 3,761 shares of common stock were withheld at $4.42 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. According to the company’s disclosure, no shares were sold in the market in connection with this event. After this withholding, Pacitti’s directly held stake totaled 54,750 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,761 shares
Net Sell
1 txn
Insider
Pacitti David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1 | 3,761 | $4.42 | $17K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 54,750 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 tax: 3,761 shares
Withholding reference price: $4.42 per share
Shares owned after transaction: 54,750 shares
3 metrics
Shares withheld for tax
3,761 shares
Shares withheld on 2026-08-12 to satisfy tax withholding obligations on RSU vesting
Withholding reference price
$4.42 per share
Per-share value used for the 3,761-share tax-withholding transaction
Shares owned after transaction
54,750 shares
Director David Pacitti’s direct OBIO common stock holdings after withholding
Key Terms
restricted stock units, tax withholding obligations, transaction code F
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 RSUs."
transaction code F financial
"transaction_code "F" indicates payment of tax liability by delivering securities."
FAQ
What insider transaction did Orchestra BioMed (OBIO) director David Pacitti report?
David Pacitti reported a tax-related withholding of 3,761 OBIO shares on 2026-08-12 tied to the vesting of restricted stock units. This was not an open-market sale, but shares withheld to cover tax obligations.
Was the Orchestra BioMed (OBIO) Form 4 transaction under a Rule 10b5-1 plan?
The filing’s 10b5-1 indicator is unchecked, and the footnote does not reference any trading plan. The event is described as shares withheld for tax obligations upon RSU vesting, not as a pre-planned trading program.
What does transaction code F mean in the OBIO Form 4 for David Pacitti?
Transaction code F indicates payment of a tax liability or exercise price by delivering or withholding securities. Here, a footnote specifies it was for tax withholding obligations related to vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.