SCHEDULE 13G/A: Brown Advisory Group Discloses 7.6% Stake in SI-BONE, Inc. Common Stock

Brown Advisory Inc. and its subsidiaries have filed an amended Schedule 13G, reporting a collective beneficial ownership of 7.6% of SI-BONE, Inc.'s common stock as of March 31, 2025.

Summary

• Brown Advisory Inc., along with its direct and indirect subsidiaries Brown Investment Advisory & Trust Co., Brown Advisory LLC, and Signature Financial Management, Inc., has filed an Amendment No. 4 to Schedule 13G.
• As of March 31, 2025, the Brown Advisory group collectively beneficially owns 3,219,079 shares of SI-BONE, Inc. common stock.
• This aggregate ownership represents 7.6% of SI-BONE, Inc.'s common stock.
• Brown Advisory Inc. holds sole voting power over 2,669,868 shares and shared dispositive power over 3,219,079 shares.
• Brown Advisory LLC, a key subsidiary, accounts for the majority of the stake, beneficially owning 3,198,548 shares, which represents 7.5% of the class.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of SI-BONE, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can be a factor in market perception and investor confidence.

Key Dates

Keywords

SI-BONE, Inc., Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, Brown Advisory, SEC Filing, Ownership Stake