Form 4: SI-BONE Director Gregory K. Hinckley Reports Share Transactions
SEC Form 4
Director Gregory K. Hinckley reports acquisition of shares through restricted stock units and disposal of shares held as community property.
Summary
- Gregory K. Hinckley, a director of SI-BONE, Inc., reported transactions involving the company's common stock on June 26, 2024.
- He acquired 8,791 shares through the settlement of restricted stock units (RSUs) at a price of $0.00.
- These RSUs vest 100% upon the earlier of the next annual general meeting or one year from the vesting commencement date, contingent on continuous service as a board member.
- Hinckley also reported the disposal of 75,603 shares held as community property with Mary C. Hinckley.
- Following these transactions, Hinckley beneficially owns 93,375 shares, including the 8,791 shares issuable upon settlement of RSUs.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions. The sentiment is neutral as it simply reports facts without indicating positive or negative performance.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, contributing to transparency.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of share acquisition and disposal transactions. |
| 06/27/2024 | Date of signature for the Form 4 filing. |
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