other material
confidence high
sentiment neutral
materiality 0.40
Orchestra BioMed increases CEO base salary 4%, President/COO 10%; updates bonus plan and RSU vesting.
Orchestra BioMed Holdings, Inc.
- CEO David Hochman base salary raised 4%; target bonus increased from 80% to 100% of base for 2026.
- President/COO Mark Sherman base salary raised 10%; target bonus increased from 80% to 90% of base.
- 2026 bonus plan ties to clinical trial enrollment milestones for BACKBEAT and Virtue SAB studies.
- RSU awards now vest 25% at 18, 24, 30, and 36 months; prior schedule changed.
- CFO Andrew Taylor's bonus can be adjusted -45% to +0% based on individual performance objectives.