[Form 4] SI-BONE, Inc. Insider Trading Activity
Anthony J. Recupero, President, Commercial Ops of SI-BONE, Inc. (SIBN), reported routine sales on 08/18/2025 to cover tax withholding arising from vested restricted stock units. The Form 4 shows two disposition entries totaling 3,833 shares sold (2,126 and 1,707 shares) at weighted-average prices of $15.627 and $15.6134, executed in multiple trades within price ranges noted in the footnotes. After the reported transactions, the filing shows 275,288 shares beneficially owned and discloses 147,947 shares issuable upon settlement of outstanding restricted stock units. The filing identifies the sales as "sell to cover" for tax obligations and not discretionary trading.
Anthony J. Recupero, Presidente, Commercial Ops di SI-BONE, Inc. (SIBN), ha comunicato vendite ordinarie effettuate il 18/08/2025 per coprire le ritenute fiscali derivanti da unità azionarie soggette a restrizioni vestite. Il Modulo 4 riporta due operazioni di disposizione per un totale di 3.833 azioni vendute (2.126 e 1.707 azioni) a prezzi medi ponderati di $15,627 e $15,6134, eseguite in più scambi entro gli intervalli di prezzo indicati nelle note. Dopo le operazioni dichiarate, la comunicazione indica di detenere beneficiariamente 275.288 azioni e che 147.947 azioni sono emettibili al regolamento delle unità azionarie ristrette in essere. La segnalazione precisa che le vendite sono "sell to cover" a copertura di obblighi fiscali e non operazioni discrezionali.
Anthony J. Recupero, Presidente de Commercial Ops de SI-BONE, Inc. (SIBN), informó ventas ordinarias el 18/08/2025 para cubrir retenciones fiscales derivadas de unidades restringidas de acciones que se han consolidado. El Formulario 4 muestra dos partidas de disposición que suman 3.833 acciones vendidas (2.126 y 1.707 acciones) a precios medios ponderados de $15,627 y $15,6134, ejecutadas en múltiples transacciones dentro de los rangos de precio indicados en las notas. Tras las transacciones informadas, la presentación muestra la tenencia beneficiaria de 275.288 acciones y revela que 147.947 acciones están por emitirse al liquidarse las unidades restringidas pendientes. La presentación identifica las ventas como "sell to cover" para obligaciones fiscales y no como operaciones discrecionales.
Anthony J. Recupero, SI-BONE, Inc. (SIBN) 영업총괄(Commercial Ops) 사장은 2025-08-18� 제한부 주식 단위(RSU)� 취득� 따른 세금 원천징수� 충당하기 위해 일상적인 주식 매각� 보고했습니다. �4양식(Form 4)은 합계 3,833�(2,126� � 1,707�)� 처분 내역 � 건을 기재하고 있으�, 가중평� 가격은 각각 $15.627 � $15.6134이고, 각종 주석� 기재� 가격범� 내에� 다수 거래� 체결되었습니�. 보고� 거래 이후 해당 보고서는 275,288�� 실질적으� 보유하고 있음� 나타내며, 미결� 제한부 주식 단위� 결제� 147,947�가 발행� 예정임을 공시합니�. 제출서류� � 매각� 임의 매매가 아닌 세금 의무 충당� 위한 "sell to cover"임을 명시하고 있습니다.
Anthony J. Recupero, Président Commercial Ops de SI-BONE, Inc. (SIBN), a déclaré des ventes courantes le 18/08/2025 afin de couvrir les retenues fiscales résultant d'unités d'actions restreintes acquises. Le formulaire 4 indique deux cessions totalisant 3 833 actions vendues (2 126 et 1 707 actions) à des prix moyens pondérés de 15,627 $ et 15,6134 $, exécutées en plusieurs transactions dans les fourchettes de prix mentionnées en notes. Après les transactions déclarées, le dépôt fait état d'une détention bénéficiaire de 275 288 actions et révèle que 147 947 actions sont devant être émises lors du règlement des unités d'actions restreintes en cours. Le dossier précise que ces ventes sont des « sell to cover » destinées à régler des obligations fiscales et non des opérations discrétionnaires.
Anthony J. Recupero, President Commercial Ops von SI-BONE, Inc. (SIBN), meldete routinemäßige Verkäufe am 18.08.2025, um die Steuerabzüge aus vesteten Restricted Stock Units zu begleichen. Das Formular 4 weist zwei Veräußerungen mit insgesamt 3.833 Aktien (2.126 und 1.707 Aktien) zu gewogenen Durchschnittspreisen von $15,627 und $15,6134 aus, ausgeführt in mehreren Trades innerhalb der in den Fußnoten angegebenen Preisbereiche. Nach den gemeldeten Transaktionen zeigt die Meldung einen wirtschaftlichen Bestand von 275.288 Aktien und gibt an, dass 147.947 Aktien bei Abwicklung der ausstehenden Restricted Stock Units auszugeben sind. Die Einreichung bezeichnet die Verkäufe als "sell to cover" zur Erfüllung steuerlicher Verpflichtungen und nicht als diskretionären Handel.
- Sales were identified as "sell to cover", indicating they were executed to satisfy tax withholding on vested RSUs rather than discretionary selling
- Filing discloses the number of shares issuable on outstanding RSUs (147,947), providing transparency on potential future dilution
- Reporting person reduced beneficial ownership by 3,833 shares through the reported dispositions on 08/18/2025
Insights
TL;DR: Routine "sell to cover" sales by an officer to satisfy tax withholdings; no indication of strategic divestiture.
The Form 4 documents non-discretionary dispositions totaling 3,833 shares executed to satisfy tax withholding on vested restricted stock units. Such transactions are customary when equity-based awards vest and are typically pre-authorized by company plans or executed as automatic sell-to-cover transactions. The filing discloses the number of shares issuable on outstanding RSUs (147,947), which is helpful for assessing future dilution. No additional governance concerns or extraordinary insider activity are evident from this filing.
TL;DR: Insider sold a small number of shares at ~$15.61 per share to cover taxes; impact on ownership and float is immaterial.
The reported weighted-average sale prices fall in the mid-$15 range and the total shares sold (3,833) represent a minor reduction relative to the officer's remaining holdings (275,288 reported). Transactions are described as non-discretionary sell-to-cover trades tied to RSU vesting, suggesting these sales are administrative rather than a signal about company prospects. The footnotes document execution across multiple trade prices and commit to provide detailed trade-level data if requested.
Anthony J. Recupero, Presidente, Commercial Ops di SI-BONE, Inc. (SIBN), ha comunicato vendite ordinarie effettuate il 18/08/2025 per coprire le ritenute fiscali derivanti da unità azionarie soggette a restrizioni vestite. Il Modulo 4 riporta due operazioni di disposizione per un totale di 3.833 azioni vendute (2.126 e 1.707 azioni) a prezzi medi ponderati di $15,627 e $15,6134, eseguite in più scambi entro gli intervalli di prezzo indicati nelle note. Dopo le operazioni dichiarate, la comunicazione indica di detenere beneficiariamente 275.288 azioni e che 147.947 azioni sono emettibili al regolamento delle unità azionarie ristrette in essere. La segnalazione precisa che le vendite sono "sell to cover" a copertura di obblighi fiscali e non operazioni discrezionali.
Anthony J. Recupero, Presidente de Commercial Ops de SI-BONE, Inc. (SIBN), informó ventas ordinarias el 18/08/2025 para cubrir retenciones fiscales derivadas de unidades restringidas de acciones que se han consolidado. El Formulario 4 muestra dos partidas de disposición que suman 3.833 acciones vendidas (2.126 y 1.707 acciones) a precios medios ponderados de $15,627 y $15,6134, ejecutadas en múltiples transacciones dentro de los rangos de precio indicados en las notas. Tras las transacciones informadas, la presentación muestra la tenencia beneficiaria de 275.288 acciones y revela que 147.947 acciones están por emitirse al liquidarse las unidades restringidas pendientes. La presentación identifica las ventas como "sell to cover" para obligaciones fiscales y no como operaciones discrecionales.
Anthony J. Recupero, SI-BONE, Inc. (SIBN) 영업총괄(Commercial Ops) 사장은 2025-08-18� 제한부 주식 단위(RSU)� 취득� 따른 세금 원천징수� 충당하기 위해 일상적인 주식 매각� 보고했습니다. �4양식(Form 4)은 합계 3,833�(2,126� � 1,707�)� 처분 내역 � 건을 기재하고 있으�, 가중평� 가격은 각각 $15.627 � $15.6134이고, 각종 주석� 기재� 가격범� 내에� 다수 거래� 체결되었습니�. 보고� 거래 이후 해당 보고서는 275,288�� 실질적으� 보유하고 있음� 나타내며, 미결� 제한부 주식 단위� 결제� 147,947�가 발행� 예정임을 공시합니�. 제출서류� � 매각� 임의 매매가 아닌 세금 의무 충당� 위한 "sell to cover"임을 명시하고 있습니다.
Anthony J. Recupero, Président Commercial Ops de SI-BONE, Inc. (SIBN), a déclaré des ventes courantes le 18/08/2025 afin de couvrir les retenues fiscales résultant d'unités d'actions restreintes acquises. Le formulaire 4 indique deux cessions totalisant 3 833 actions vendues (2 126 et 1 707 actions) à des prix moyens pondérés de 15,627 $ et 15,6134 $, exécutées en plusieurs transactions dans les fourchettes de prix mentionnées en notes. Après les transactions déclarées, le dépôt fait état d'une détention bénéficiaire de 275 288 actions et révèle que 147 947 actions sont devant être émises lors du règlement des unités d'actions restreintes en cours. Le dossier précise que ces ventes sont des « sell to cover » destinées à régler des obligations fiscales et non des opérations discrétionnaires.
Anthony J. Recupero, President Commercial Ops von SI-BONE, Inc. (SIBN), meldete routinemäßige Verkäufe am 18.08.2025, um die Steuerabzüge aus vesteten Restricted Stock Units zu begleichen. Das Formular 4 weist zwei Veräußerungen mit insgesamt 3.833 Aktien (2.126 und 1.707 Aktien) zu gewogenen Durchschnittspreisen von $15,627 und $15,6134 aus, ausgeführt in mehreren Trades innerhalb der in den Fußnoten angegebenen Preisbereiche. Nach den gemeldeten Transaktionen zeigt die Meldung einen wirtschaftlichen Bestand von 275.288 Aktien und gibt an, dass 147.947 Aktien bei Abwicklung der ausstehenden Restricted Stock Units auszugeben sind. Die Einreichung bezeichnet die Verkäufe als "sell to cover" zur Erfüllung steuerlicher Verpflichtungen und nicht als diskretionären Handel.