OBIO Orchestra BioMed Holdings, Inc.
Price Chart
Executive Summary
Two insiders at Orchestra BioMed traded in opposite directions on the same day: Director Hochman bought $19K worth of shares on the open market, while executive Sherman sold $58K. Two additional tax-withholding transactions (CFO Taylor and Sherman) were non-cash events with no economic signal. The net dollar value ($77K) is 0.034% of market cap, well below the 0.1% threshold for materiality, making this cluster routine and non-informative.
Key Financial Metrics
Actionable Insight
Insider activity is negligible in size and mixed in direction — no actionable signal. Monitor for any material corporate events (earnings, partnership news, financing) that could explain future insider moves.
Key Facts
- Director Hochman purchased 5,000 shares at $3.83 for $19,150 on June 1, 2026
- Executive Sherman sold 15,000 shares at $3.87 for $58,050 on June 1, 2026
- CFO Taylor surrendered 3,076 shares for tax withholding ($12,242) on May 28, 2026
- Total cluster value of $77K is 0.034% of $229M market cap — trivial
- The only open-market sale ($58K) is small and could be liquidity-driven; no pattern suggesting 10b5-1
Financial Impact
Total open-market activity of $77K represents 0.034% of market cap — immaterial
Risk Factors
- Small insider sale by executive Sherman could precede other selling, but current size is routine
- Historical calibration shows past bullish calls on OBIO underperformed; avoid over-interpreting insider buys at this micro-cap
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OBIO-1780432176112 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $3.86 $3.99 | ▲ +3.37% | ▲ +2.97% | $4.10 (+6.22%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $4.00 $3.98 | ▼ −0.50% | ▼ −1.54% | $4.10 (+2.50%) |
|
Apr 29, 2026
6w ago
|
DEFA14A
| $3.99 $3.97 | ▼ −0.50% | ▼ −0.72% | $4.10 (+2.76%) |
|
Apr 23, 2026
7w ago
|
Press Release
| $4.15 $4.13 | ▼ −0.48% | ▼ −1.27% | $4.10 (−1.20%) |
|
Mar 12, 2026
13w ago
|
Press Release
| $4.38 $4.20 | ▼ −4.11% | ▼ −3.51% | $4.10 (−6.39%) |
US Market Status
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