Form 4: Orchestra BioMed Holdings Principal Accounting Officer Aiello Reports Share Withholding for Tax Obligations

Sentiment:

SEC Form 4 Filing


Principal Accounting Officer Joshua Aiello reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On March 26, 2025, Joshua Aiello, Principal Accounting Officer of Orchestra BioMed Holdings, Inc., had 278 common shares withheld by the issuer to satisfy tax obligations related to the vesting of restricted stock units.
  • The price per share was $4.38.
  • Following the transaction, Aiello beneficially owns 4,722 common shares directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction (share withholding for tax obligations). It doesn't inherently convey positive or negative sentiment.

Management Comments

  • No shares were sold in the market as a result of the vesting of these restricted stock units and the satisfaction of tax withholding obligations.

Industry Context

This is a standard Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency into insider transactions.

Key Dates

DateDescription
03/26/2025Date of transaction: Share withholding for tax obligations.
03/28/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Orchestra BioMed Holdings, Joshua Aiello, Share Withholding, Tax Obligations, Restricted Stock Units, Beneficial Ownership

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