Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-23

Orchestra BioMed Holdings (OBIO)

CEO David Hochman was paid $2,261,233 in fiscal year 2025, ↑ up 18.2% from fiscal year 2024, the 27th percentile of its disclosed peer group (SEC filing 0001104659-26-051570 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,261,233 ↑
David Hochman total, FY2025
27th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
95.53%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- David Hochman (Chief Executive Officer & Chairman), FY2025 total compensation $2,261,233 (base salary $595,000) [exec_comp, SEC accession 0001104659-26-051570, filed 2026-04-29]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

OBIO's next annual pay disclosure, estimated April 28, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Hochman$595,000$0$791,399$290,575$572,009$0$12,250$2,261,233
Chief Executive Officer & Chairman
Darren Sherman495,0000631,35484,840475,873070,7671,757,835
President & Chief Operating Officer
Andrew Taylor409,5830439,8400297,778059,3161,206,517
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
David Hochman$2,261,233$1,912,475$6,911,218↑ +348,758
Darren Sherman1,757,8351,794,2776,459,297↓ −36,442
Andrew Taylor1,206,5171,060,4092,398,749↑ +146,108

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against OBIO
1 company names OBIO as a compensation peer

Each company listed discloses OBIO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named OBIO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Chris ClearyIndependent Director$391,498
David PacittiIndependent Director$226,500
Eric S. Fain, M.DLead Independent Director$259,000
Jason M. AryehIndependent Director$226,500
John MackIndependent Director$219,000
Pamela Y. ConnealyIndependent Director$234,000
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Andrew TaylorRSU———80,000——
Andrew TaylorRSU2023-07-20——278,363——
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew TaylorRSU84,000—$348,600
David HochmanRSU127,498—529,117
David HochmanRSU200,000—830,000
Darren ShermanRSU84,667—351,368
Andrew TaylorRSU83,720—347,438
Darren ShermanRSU112,625—467,394
Darren ShermanRSU120,000—498,000
Darren ShermanRSU115,708—480,188
David HochmanRSU98,333—408,082
Andrew TaylorRSU80,000—332,000
David HochmanRSU70,000—290,500
Andrew TaylorRSU63,749—264,558
David HochmanOption72,6597.42—
David HochmanOption147,5002.76—
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract, retain and reward key employees, to incentivize them based on the achievement of key performance goals, and to align their interests with the interests of our stockholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-2337,975,9861,778,20067,52395.53%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-2395.53%a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Chris ClearyIndependent · Audit$50,417$135,664$205,417—$0$391,498
Eric S. Fain, M.DIndependent · Lead Independent Director · Compensation (Chair) · Nominating and Corporate Governance95,00078,99985,001—0259,000
Pamela Y. ConnealyIndependent · Nominating and Corporate Governance · Audit70,00078,99985,001—0234,000
David PacittiIndependent · Compensation · Audit62,50078,99985,001—0226,500
Jason M. AryehIndependent · Compensation · Nominating and Corporate Governance (Chair)62,50078,99985,001—0226,500
John MackIndependent · Audit55,00078,99985,001—0219,000
Darren R. ShermanEmployee director—————0
David P. HochmanEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$125,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 7,500 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$395,417
Equity awards (grant-date value)$530,659
All other compensation$0
Total cost of the board$926,076

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Orchestra BioMed Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Orchestra BioMed Holdings.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1AxoGen2025Michael Dale$775,865$7,342,895$0$906,133$9,047,454
2Pulse Biosciences2025Paul LaViolette708,52306,717,96007,427,899
3EyePoint Pharmaceuticals2025Jay Duker696,2511,610,7002,604,113632,7005,568,352
4Humacyte2025Laura Niklason633,60604,332,72505,234,908
5CVRx2025Kevin Hykes660,5331,270,0801,516,896444,4923,905,801
6LeMaitre Vascular2025George LeMaitre806,3471,050,0001,050,000680,0153,780,990
7Tactile Systems Tech2025Sheri Dodd675,0002,019,9780737,4383,466,916
8Senseonics Holdings2025Timothy Goodnow635,0001,022,5001,022,500613,0003,347,959
9Orchestra BioMed Holdings2025David Hochman595,000791,399290,575572,0092,261,233
10Elutia2025C. Randal Mills600,000——738,0001,344,284
11Hyperfine2025Maria Sainz582,23100314,586896,817
12Stereotaxis2025David Fischel60,000———64,390
—Zynex——————not in coverage universe
—Ligand Pharmaceuticals——————not in coverage universe
—Pulmonx——————not in coverage universe
—PAVmed——————not in coverage universe
—Lyra Therapeutics——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Orchestra BioMed Holdingsnot disclosednot disclosednot disclosedFW Cook
AxoGen116.79%PSU 50 · RSU 50NoAon
CVRxKevin Hykes: 84%; Robert John: 66%; Philip Adamson: 84%%Stock Options 50 · RSUs 50not disclosedAon
Elutianot disclosednot disclosednot disclosednot disclosed
EyePoint Pharmaceuticalsnot disclosednot disclosednot disclosedAon
Humacyte80%not disclosednot disclosedAon plc
Hyperfinenot disclosednot disclosednot disclosedCompensia
LeMaitre Vascularnot disclosedOption 50 · RSU 25 · PSU 25Nonot disclosed
Ligand Pharmaceuticalsnot disclosednot disclosednot disclosednot disclosed
Lyra Therapeuticsnot disclosednot disclosednot disclosednot disclosed
PAVmednot disclosednot disclosednot disclosednot disclosed
Pulmonxnot disclosednot disclosednot disclosednot disclosed
Pulse Biosciencesnot disclosedOption 100not disclosednot disclosed
Senseonics Holdingsnot disclosednot disclosednot disclosedWillis Towers Watson
Stereotaxisnot disclosednot disclosednot disclosednot disclosed
Tactile Systems Tech115%PSU 50 · RSU 50NoAon Consulting, Inc.
Zynexnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Orchestra BioMed Holdings in fiscal 2025?
As disclosed, David Hochman (Chief Executive Officer & Chairman) was the highest-paid executive at Orchestra BioMed Holdings in fiscal 2025, with total compensation of $2,261,233.
How does Orchestra BioMed Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, David Hochman's total compensation ranked at the 27th percentile of Orchestra BioMed Holdings's disclosed peer group.
How did shareholders vote on Orchestra BioMed Holdings's executive compensation?
As disclosed, 95.53% of shareholders supported Orchestra BioMed Holdings's executive compensation in the latest say-on-pay vote.
How much does Orchestra BioMed Holdings spend in total on board compensation for fiscal 2025?
As disclosed, Orchestra BioMed Holdings reported total board compensation of $926,076 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, David HochmanDEF 14A2026-04-290001104659-26-051570Section “Executive Compensation”. As printed: 2,261,233. Filing ↗machine: r1 · c23 · span 329387–329396
2Section 01, Darren ShermanDEF 14A2026-04-290001104659-26-051570Section “Executive Compensation”. As printed: 1,757,835. Filing ↗machine: r3 · c23 · span 333613–333622
3Section 01, Andrew TaylorDEF 14A2026-04-290001104659-26-051570Section “Executive Compensation”. As printed: 1,206,517. Filing ↗machine: r5 · c23 · span 337858–337867
4Section 03, Andrew Taylor RSUDEF 14A2026-04-290001104659-26-051570Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
5Section 03, Andrew Taylor RSUDEF 14A2026-04-290001104659-26-051570Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 08, Chris ClearyDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 391,498. Filing ↗
7Section 08, Eric S. Fain, M.DDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 259,000. Filing ↗machine: span 218562–218569
8Section 08, Pamela Y. ConnealyDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 234,000. Filing ↗machine: span 222919–222926
9Section 08, David PacittiDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 226,500. Filing ↗
10Section 08, Jason M. AryehDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 226,500. Filing ↗machine: span 220727–220734
11Section 08, John MackDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 219,000. Filing ↗machine: span 225050–225057
12Section 08, Darren R. ShermanDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, David P. HochmanDEF 14A2026-04-290001104659-26-051570Section “Director Compensation”. As printed: 0. Filing ↗
14Section 06, 2026 voteForm 8-K2026-06-230001104659-26-076845Item 5.07 · say-on-pay result. As reported: 95.53% (votes for as printed: 37,975,986). Filing ↗
15Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)Computed——Cash 395,417 + equity 530,659 + all other 0 = 926,076, summed across the director compensation table rows.machine: formula: Σ = 926,076
17AxoGen, Section 10b CEO totalDEF 14A2026-04-290000805928-26-000057CEO total compensation as printed in AxoGen's own proxy. As printed: 9,047,454. Filing ↗machine: r2 · c45 · span 557309–557318
18Pulse Biosciences, Section 10b CEO totalDEF 14A2026-05-110001437749-26-016006CEO total compensation as printed in Pulse Biosciences's own proxy. As printed: 7,427,899. Filing ↗machine: r1 · c21 · span 428112–428121
19EyePoint Pharmaceuticals, Section 10b CEO totalDEF 14A2026-04-270001193125-26-182035CEO total compensation as printed in EyePoint Pharmaceuticals's own proxy. As printed: 5,568,352. Filing ↗machine: r2 · c22 · span 573692–573701
20Humacyte, Section 10b CEO totalDEF 14A2026-04-280001193125-26-187449CEO total compensation as printed in Humacyte's own proxy. As printed: 5,234,908. Filing ↗machine: span 346967–346976
21CVRx, Section 10b CEO totalDEF 14A2026-04-200001140361-26-015657CEO total compensation as printed in CVRx's own proxy. As printed: 3,905,801. Filing ↗
22LeMaitre Vascular, Section 10b CEO totalDEF 14A2026-04-140001193125-26-153877CEO total compensation as printed in LeMaitre Vascular's own proxy. As printed: 3,780,990. Filing ↗machine: r3 · c18 · span 564038–564047
23Tactile Systems Tech, Section 10b CEO totalDEF 14A2026-03-250001104659-26-034206CEO total compensation as printed in Tactile Systems Tech's own proxy. As printed: 3,466,916. Filing ↗machine: r3 · c12 · span 865797–865806
24Senseonics Holdings, Section 10b CEO totalDEF 14A2026-04-090001104659-26-041541CEO total compensation as printed in Senseonics Holdings's own proxy. As printed: 3,347,959. Filing ↗machine: r1 · c47 · span 527980–527989
25Orchestra BioMed Holdings (subject), Section 10b CEO totalDEF 14A2026-04-290001104659-26-051570CEO total compensation as printed in Orchestra BioMed Holdings's own proxy. As printed: 2,261,233. Filing ↗machine: r1 · c23 · span 329387–329396
26Elutia, Section 10b CEO totalDEF 14A2026-04-220001104659-26-046897CEO total compensation as printed in Elutia's own proxy. As printed: 1,344,284. Filing ↗
27Hyperfine, Section 10b CEO totalDEF 14A2026-04-080001193125-26-147623CEO total compensation as printed in Hyperfine's own proxy. As printed: 896,817. Filing ↗machine: span 192739–192746
28Stereotaxis, Section 10b CEO totalDEF 14A2026-04-030001493152-26-015027CEO total compensation as printed in Stereotaxis's own proxy. As printed: 64,390. Filing ↗
29Section 10a, Tactile Systems Tech reciprocityDEF 14A—0001104659-26-034206Tactile Systems Tech's most recent proxy was read; its disclosed peer group does not include Orchestra BioMed Holdings. Filing ↗
30Section 10a, LeMaitre Vascular reciprocityDEF 14A—0001437749-23-010217LeMaitre Vascular's most recent proxy was read; its disclosed peer group does not include Orchestra BioMed Holdings. Filing ↗
31Section 10a, AxoGen reciprocityDEF 14A—0000805928-26-000057AxoGen's most recent proxy was read; its disclosed peer group does not include Orchestra BioMed Holdings. Filing ↗
32Section 10a, Pulse Biosciences reciprocityDEF 14A—0001437749-26-016006Pulse Biosciences's most recent proxy was read; its disclosed peer group does not include Orchestra BioMed Holdings. Filing ↗
33Section 10a, Humacyte reciprocityDEF 14A—0001193125-26-187449Humacyte's most recent proxy was read; its disclosed peer group does not include Orchestra BioMed Holdings. Filing ↗

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