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Insider Trading Intelligence
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Darren Sherman

OBIO
SEE REMARKS · ORCHESTRA BIOMED HOLDINGS, INC. · CIK 0001723524
FILING MIX · LIFETIME55%/45%
BUYS
18
SELLS
15
TOTAL VALUE
$1.16M
COMPANIES
1
ACTIVE SINCE
Jan 2023
HOLDINGS NOW
1,169,327
AVG SELL PX
$4.32
TRADE KIND
SHOWING 33 / 33
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
6 backtested trades · 8 horizons · 7 pending
Forward-return performance of every backtestable P/S trade by Darren Sherman, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d6+83.33%-3.96%+1.94%-5.89%-4.78%
14d6+100.00%-10.89%+3.54%-14.43%-17.44%
30d6+83.33%-11.99%+4.74%-16.73%-16.88%
60d6+50.00%+11.73%+6.56%+5.17%+2.18%
90d6+83.33%+9.31%+9.85%-0.53%-15.01%
180d6+100.00%-14.07%+6.18%-20.24%-31.52%
1y6(1 pending)+100.00%-52.50%+19.77%-72.27%-71.89%
2y6(6 pending)
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
OBIO · 1,169,327 shares · as of Jul 1, 2026
0309,392618,785928,1771,237,569202420252026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
2026
2026
2026
FLOW · 18 buys / 15 sellsCOVERAGE · 15 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE10b5-1
10b5-1 plan
15,000$4.27$64.0K1,169,327Jul 1, 2026Jul 2, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE10b5-1
10b5-1 plan
15,000$3.87$58.0K1,184,327Jun 1, 2026Jun 2, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
4,925$3.98$19.6K1,199,327May 28, 2026May 29, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
33,317$4.57$152.3K1,204,252Mar 25, 2026Mar 27, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
397,0001,237,569Feb 12, 2026Feb 13, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
34,97434,974Jan 28, 2026Feb 6, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
5,588$4.31$24.1K840,569Jan 2, 2026Jan 2, 2026View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
40,340$5.35$215.8K846,157Nov 25, 2025Nov 26, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
40,340$2.72$109.7K886,497Sep 3, 2025Sep 5, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASE
See Remarks
3,000$2.62$7.9K926,837Aug 25, 2025Aug 25, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
120,000923,837Aug 7, 2025Aug 8, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
45,843$2.95$135.2K803,837May 28, 2025May 30, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
115,708849,680Apr 4, 2025Apr 4, 2025View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
31,815$5.57$177.2K733,972Dec 5, 2024Dec 6, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
6,904$5.31$36.7K765,787Sep 10, 2024Sep 10, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
6,804$5.48$37.3K772,691Sep 9, 2024Sep 10, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
6,819$5.65$38.5K779,495Sep 6, 2024Sep 6, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
6,961$5.85$40.7K786,314Sep 5, 2024Sep 6, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
6,837$6.10$41.7K793,275Sep 4, 2024Sep 6, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
176,667800,112May 8, 2024May 10, 2024View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
539,667623,445Jul 20, 2023Jul 24, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
SALE
See Remarks
14,95914,959Apr 12, 2023May 5, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASE
See Remarks
14,95983,778Apr 12, 2023May 5, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
68,18968,189Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
116,250116,250Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
6,7436,743Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
46,50046,500Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
508,397508,397Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
310,321310,321Jan 26, 2023Jan 30, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
29,91829,918Jan 26, 2023May 5, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
68,81968,819Jan 26, 2023May 5, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
508,397508,397Jan 26, 2023May 19, 2023View →
OBIO
ORCHESTRA BIOMED HOLDINGS, INC.
PURCHASEGRANT
Stock grant
116,250116,250Jan 26, 2023May 19, 2023View →
Other insiders · OBIO
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About this filer
CIK 0001723524
ROLE
See Remarks
PRIMARY
OBIO
COMPANIES
1
ACTIVE SINCE
Jan 2023
MARKETPEEL · /INSIDER/0001723524DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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