4/A: SI-BONE CFO Amends Stock Sale Filing, Correcting Share Count
Insider Transaction Amendment
SI-BONE, Inc.'s Chief Financial Officer, Anshul Maheshwari, filed an amended Form 4 to correct an administrative error, reducing the reported number of shares sold in a July 2025 transaction.
Summary
- Anshul Maheshwari, SI-BONE, Inc.'s Chief Financial Officer, filed an amended Form 4 (Form 4/A).
- The amendment corrects an administrative error in a previous Form 4 filed on July 7, 2025.
- The original filing incorrectly overstated the number of shares of stock sold by 828 shares.
- The corrected number of shares sold on July 2, 2025, was 867 shares at a price of $18.4324 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024.
- Following the reported transaction, Anshul Maheshwari beneficially owns 217,906 shares, which includes 164,071 shares issuable from restricted stock units.
Sentiment
Score: 5
Explanation: The filing is a neutral compliance update correcting an administrative error. It does not indicate significant positive or negative operational or financial news for the company.
Positives
- The company and its officer are demonstrating transparency and compliance by promptly correcting an administrative error in a public filing.
- The transaction was conducted under a pre-arranged 10b5-1 trading plan, indicating a planned sale rather than a reactive one.
Negatives
- An administrative error occurred in the initial filing, requiring an amendment.
Future Outlook
NA
Industry Context
This filing is a routine compliance update for insider trading disclosures and does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Anshul Maheshwari granted power of attorney to specific individuals (Laura A. Francis, Michael A. Pisetsky, Matthew B. Hemington, Kris Tamashiro) to execute and file Section 16 forms (Forms 3, 4, 5) on his behalf. | 2021-04-19 | Streamlines compliance with Section 16 reporting requirements for the officer. |
Stakeholder Impact
- Shareholders: Provides corrected information regarding an insider stock sale, ensuring accuracy in public disclosures. The correction of 828 shares is a minor adjustment to the total shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 2021-04-19 | Date Power of Attorney was executed by Anshul Maheshwari. |
| 2024-12-13 | Date the Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 2025-07-02 | Date of the stock transaction (sale) by Anshul Maheshwari. |
| 2025-07-07 | Date of the original Form 4 filing that contained the administrative error. |
| 2025-07-22 | Date of the Form 4/A amendment filing. |
Keywords
SI-BONE, SIBN, Form 4/A, SEC Filing, Insider Trading, Stock Sale, Anshul Maheshwari, Chief Financial Officer, 10b5-1 Plan, Beneficial Ownership, Restricted Stock Units, Compliance, Amendment
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