{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-016950","form_type":"8-K","ticker":"OBIO","cik":"0001814114","company_name":"Orchestra BioMed Holdings, Inc.","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.989443+00:00","generated_at":"2026-05-26T04:53:42.121816+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Orchestra BioMed approves new cash bonus plan and equity policies for 2025","bullets":["CEO Hochman and President Sherman eligible for 80% base salary cash bonus; CFO Taylor eligible for 50%.","2025 goals include BACKBEAT enrollment, Virtue Sirolimus program milestones, pipeline/partnerships, financial objectives.","Stretch goals can boost bonus up to 60%; CFO bonus further adjustable up to 45% or zero on individual performance.","VP+ officers may elect equity as 100% options, 100% RSUs, or 50/50; RSUs vest over 3 years starting at 24 months.","Section 16 officers' RSU tax liabilities satisfied by share withholding, not market sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-016950","json":"https://secwatch.observer/filing/0001104659-25-016950.json","markdown":"https://secwatch.observer/filing/0001104659-25-016950.md","text":"https://secwatch.observer/filing/0001104659-25-016950.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814114/000110465925016950/0001104659-25-016950-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814114/000110465925016950/tm257515d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:53:42.121816+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}