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OBIO · Orchestra Biomed Holdings, Inc.
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OBIO Orchestra BioMed (OBIO) Insider Trading, Ownership & Congress Trades

Medical Devices · Surgical & medical instruments & apparatus · CIK 0001814114
Cluster · 4 insidersC-suite buying · 2Form 144 · 3
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
47
13F, latest reported quarter

What the filings say about OBIO

Insiders, 180 days
-$136.3K net sold
4 buyers · 1 seller · 40% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$230.6K
3 notices

Orchestra BioMed insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Orchestra BioMed Holdings, Inc. insiders sold a net $136.3K of stock across 47 Form 4 purchases and sales, with 4 insiders buying. Source: SEC Form 4 filings, as of 2026-10-28.

Insider
Filed
Shares
Value
Since filing
See Remarks
SELL
2026-10-02 SECtraded 2026-10-01
15,000
$95.4K
-8.0%
Context
  • 11 earlier Form 4 trades (code P or S) here by this insider (2 buys, 9 sales), the last on Sep 1, 2026.
  • The trade is 1.3% of the 1,119,402 shares held after it.
  • No other insider sold within 30 days.
  • 47 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Sherman Darren sold about $95.4K of OBIO under a 10b5-1 plan on Oct 1, 2026, the largest insider sale at the company on our record; 47 funds added in the latest 13F quarter.
See Remarks
BUY
2026-09-08 SECtraded 2026-09-03
10,000
$47.9K
+1.8%
Context
  • 17 earlier Form 4 trades (code P or S) here by this insider (17 buys), the last on Jun 1, 2026.
  • +2.0% median (+12.3% mean) 90-day return after 14 previous buys.
  • The trade is 0.9% of the 1,070,746 shares held after it.
  • 1 other insider bought within 30 days.
  • 47 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Hochman David P bought about $47.9K of OBIO on Sep 3, 2026; 1 other insider bought within 30 days and 47 funds added in the latest 13F quarter.
See Remarks
SELL
2026-09-02 SECtraded 2026-09-01
15,000
$74.1K
+17.1%
Context
  • 10 earlier Form 4 trades (code P or S) here by this insider (2 buys, 8 sales), the last on Aug 26, 2026.
  • The trade is 1.3% of the 1,134,402 shares held after it.
  • No other insider sold within 30 days.
  • 47 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Sherman Darren sold about $74.1K of OBIO under a 10b5-1 plan on Sep 1, 2026, the largest insider sale at the company on our record; 47 funds added in the latest 13F quarter.
See Remarks
BUY
2026-08-28 SECtraded 2026-08-26
2,000
$10.7K
+10.1%
Context
  • 9 earlier Form 4 trades (code P or S) here by this insider (1 buy, 8 sales), the last on Aug 3, 2026.
  • The trade is 100.0% of the 2,000 shares held after it.
  • 1 other insider bought within 30 days.
  • 47 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Sherman Darren bought about $10.7K of OBIO on Aug 26, 2026; 1 other insider bought within 30 days and 47 funds added in the latest 13F quarter.
See Remarks
SELL
2026-08-04 SECtraded 2026-08-03
15,000
$61.4K
+31.5%
Context
  • 8 earlier Form 4 trades (code P or S) here by this insider (1 buy, 7 sales), the last on Jul 1, 2026.
  • The trade is 1.3% of the 1,154,327 shares held after it.
  • No other insider sold within 30 days.
  • 47 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Sherman Darren sold about $61.4K of OBIO on Aug 3, 2026; 47 funds added in the latest 13F quarter.
47 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Showing the latest few. to see 42 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$136.3K over 180 days
-$172.3K over 90 days
more than 52% of Medical Devices
Congress
no House purchase disclosed in the last 12 months
Funds
47 funds bought in last quarter
below 59% of Medical Devices
Revenue
+1169.2% year over year
the highest in Medical Devices
Margin
-157.4% net margin
below 83% of Medical Devices
Buybacks
no share repurchases reported
Short interest
7.8% of the float short (float per yahoo 2026-10-27) · 9.7 days to cover · settled 2026-10-15
more than 60% of Medical Devices
What changed in the last 30 days
Oct 2See Remarks Sherman Darren sold $95.4K under a 10b5-1 plan (Oct 1)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 1Officer Sherman Darren filed to sell $94.0K by Oct 1 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.

Watch OBIO

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+46.1%12M
-8%+17%+42%+67%2025-102025-122026-022026-042026-062026-082026-10 2026-10-01 · Sherman Darren sold $95.4K2026-05-14 · Fain Eric S bought $82.6K2026-09-01 · Sherman Darren sold $74.1K2026-07-01 · Sherman Darren sold $64.0K2026-08-03 · Sherman Darren sold $61.4K2026-06-01 · Sherman Darren sold $58.0K2026-09-03 · Hochman David P bought $47.9K2026-03-13 · Hochman David P bought $42.9K2026-05-15 · Aryeh Jason bought $35.0K2025-11-14 · Hochman David P bought $20.4K2026-06-01 · Hochman David P bought $19.1K2026-05-15 · Hochman David P bought $18.9K2026-08-26 · Sherman Darren bought $10.7K2026-05-18 · Aryeh Jason bought $2.5K2026-04-27 · RTW INVESTMENTS, LP sold $1322026-10-01 · Sherman Darren filed to sell $94.0K2026-09-01 · Sherman Darren filed to sell $75.3K2026-08-03 · Sherman Darren filed to sell $61.3K2026-07-01 · Sherman Darren filed to sell $64.8K
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns OBIO: institutional holders (13F)

13F holdings, latest reported quarter
$41.2M
$21.7M
2,510,387 sh
$10.8M

Congress trades in OBIO

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

OBIO planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
Sherman Darren
Filed 2026-10-01
$94.0K
Sherman Darren
Filed 2026-09-01
$75.3K
Sherman Darren
Filed 2026-08-03
$61.3K
Sherman Darren
Filed 2026-07-01
$64.8K

OBIO mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Simplify Propel Opportunities ETF
$946.7K position · as of 2026-06-30
1.2%
Ultra-Small Company Market Fund
$317.2K position · as of 2026-06-30
0.2%
Clearwater Select Equity Fund
$372.9K position · as of 2026-06-30
0.1%
iShares Micro-Cap ETF
$577.2K position · as of 2026-06-30
0.0%
GuideMark Small/Mid Cap Core Fund
$21.4K position · as of 2026-06-30
0.0%
1290 VT Micro Cap Portfolio
$39.0K position · as of 2026-06-30
0.0%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
4 insiders reported buying shares.
The record shows a net $136.3K sold by insiders over 180 days, 47 funds added last quarter, $230.6K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Same sector, ranked by filing activity
Sector by SEC SIC code

OBIO financials

Revenue growth
+1169.2%
XBRL, annual
Net margin
-157.4%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$32.0M
four quarters, 2025-07-01 to 2026-06-30
Net margin, TTM
-184.6%
net income over revenue, 2025-07-01 to 2026-06-30
Free cash flow, TTM
-$59.1M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
0.78x
long-term debt only, 2026-03-31; equity 2026-06-30
Cash flow to debt
-3.89x
TTM operating cash flow over long-term debt only, 2026-03-31
Return on equity
-601.8%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
-74.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on capital employed
-90.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Enterprise value
$328.1M
market value at close 2026-10-26 on 2026-08-06 shares, plus long-term debt only, 2026-03-31, minus cash 2026-06-30
FCF yield
-17.7%
TTM free cash flow over market value at close 2026-10-26
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Revenue$33.5M$2.6M$2.8M$3.5M
Operating income-$51.8M-$64.3M-$51.5M-$32.7M
Net income-$52.7M-$61.0M-$49.1M-$33.6M
EPS (diluted)-1.11-1.66-1.48-2.24
Operating cash flow-$49.0M-$50.6M-$46.1M-$29.3M
Cash$34.7M$22.3M$30.6M$19.8M
Long-term debt$15.0M$15.0Mn/an/a
SEC XBRL, fiscal years, as known on 2026-10-28

OBIO Stock Sonar score 6/7 axes

Find similar shapesCompare

OBIO ranks highest on growth (98th percentile) and insider conviction (80th), and lowest on profitability (17th), among Medical Devices peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
17
Inputs
  • Return on equity-601.8% · 5 pct, sector of 183
  • Return on assets-74.5% · 24 pct, sector of 214
  • Return on invested capitaltax provision or pre-tax income not filed for the four quarters
  • Return on capital employed-90.6% · 21 pct, sector of 188
Financial health
22
Inputs
  • Debt to equity0.78x · 25 pct, sector of 159
  • Cash flow to debt-3.89x · 19 pct, sector of 150
Growth
98
Inputs
  • Revenue growth, YoY+1169% · 100 pct, sector of 219
  • Backlog growth, YoY+150.0% · 97 pct, sector of 37
Insider conviction
80
Inputs
  • Net Form 4 buying (codes P and S), 180d$33K · 68 pct, sector of 140
  • Insider buyers, 180d4 · 91 pct, sector of 142
Institutional and government
41
Inputs
  • Funds adding, latest quarter47 · 41 pct, sector of 191
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
55
Inputs
  • Short interest, % of float+7.8% · 32 pct, sector of 241
  • Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
  • EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
  • New text in Risk Factors, latest 10-K+5.8% · 78 pct, sector of 198
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

OBIO filings, in plain words

Are Orchestra BioMed insiders buying or selling OBIO?

In the 180 days to 2026-10-28, Orchestra BioMed insiders were net sellers, a net $136.3K: $216.6K of purchases and $352.9K of sales reported on Form 4, by 4 buyers and 1 seller.

Are there planned insider sales of OBIO?

Yes. 3 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $230.6K of stock; the latest, by Sherman Darren, was filed 2026-10-01.

Read the full summary

In the 180 days to 2026-10-28, Orchestra BioMed insiders were net sellers of OBIO, a net $136.3K across purchases and sales reported on Form 4 by 4 buyers and 1 seller. 2 different insiders reported purchases within the last 90 days, a cluster buy, which is rarer than a single purchase. 40% of the 5 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. Insiders filed 3 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $230.6K of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.

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