Fain Eric S 4

4 · Orchestra BioMed Holdings, Inc. · Filed Jun 25, 2026

AI-generated summary of this filing

Updated Jun 25, 2026

Orchestra BioMed (OBIO) Director Eric Fain Receives Award

What Happened

Eric S. Fain, a director of Orchestra BioMed Holdings, was granted equity awards on June 23, 2026: 17,327 restricted stock units (RSUs) and a derivative award of 21,277 shares (stock options). Both awards show an acquisition price of $0.00 (no cash paid). On June 24, 2026, 4,261 shares were withheld by the company to satisfy tax-withholding obligations related to RSU vesting; no shares were sold in the open market.

Key Details

Transaction dates and codes: Grants on 2026-06-23 (code A); tax withholding on 2026-06-24 (code F). Report filed 2026-06-25.
Prices and values: All grants recorded at $0.00 per share (typical for RSUs/options); withholding disposition also recorded at $0.00—no cash proceeds reported.
Vesting: RSUs vest one year after the June 23, 2026 grant (subject to continued service). The stock options likewise vest on the one-year anniversary, per footnotes.
Tax withholding: 4,261 shares were withheld by the issuer to satisfy tax obligations; the filing notes no market sale of shares for withholding.
Shares owned after the transaction: Not specified in the provided filing.
Timeliness: Filing appears timely (transaction 6/23, Form 4 filed 6/25).

Context

These transactions are grants/awards, not open-market purchases or sales. RSUs are a contingent right to receive shares at vesting; the option award is a derivative that vests in one year. The withholding of shares to cover taxes is a common administrative action and does not indicate a sale by the insider in the market.

Form 4

Period: 2026-06-23

Director

Transactions

Award
Common Stock, par value $0.0001 per share ("Common Stock")
[F1]
2026-06-23+17,327→ 109,036 total(indirect: By Trust)
Tax Payment
Common Stock
[F2]
2026-06-24−4,261→ 104,775 total(indirect: By Trust)
Award
Stock Option (Right to Buy)
[F3]
2026-06-23+21,277→ 21,277 total(indirect: By Trust)
Exercise: $4.04Exp: 2036-06-23→ Common Stock (21,277 underlying)

Footnotes (3)

[F1]Represents an award of restricted stock units ("RSUs") awarded to the Reporting Person on June 23, 2026 (the "Grant Date"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on the one year anniversary of the Grant Date, subject to the Reporting Person's continuous service through such date.
[F2]Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with vesting of RSUs. No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
[F3]The stock options will vest on the one year anniversary of the Grant Date, subject to the Reporting Person's continuous service through such date.

Signature

/s/ Andrew Taylor, Attorney-in-Fact|2026-06-25

1 file