Form 4: SI-BONE CFO Sells Shares for Tax Obligations

SI-BONE, Inc.'s Chief Financial Officer, Anshul Maheshwari, sold 3,461 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Anshul Maheshwari, Chief Financial Officer of SI-BONE, Inc. (SIBN), sold 3,461 shares of the company's common stock on August 18, 2025.
• The sales were non-discretionary "sell to cover" transactions, executed solely to satisfy tax withholding obligations arising from the vesting of restricted stock units.
• The shares were sold in two separate transactions: 1,276 shares at a weighted average price of $15.5924 per share and 2,185 shares at a weighted average price of $15.5538 per share.
• Following these transactions, Anshul Maheshwari beneficially owns 214,445 shares of SI-BONE, Inc. common stock, which includes 156,983 shares issuable upon the settlement of restricted stock units.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes, which is a common occurrence for executives receiving equity compensation. It does not indicate any positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal. This is a routine, non-discretionary sale by an executive to cover tax obligations, which is a common practice and generally has no significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

SI-BONE, SIBN, Anshul Maheshwari, CFO, Form 4, insider trading, stock sale, restricted stock units, RSU, tax withholding, sell to cover