Form 4: SI-BONE Director Jeffrey W. Dunn Sells Shares to Cover Tax Obligations

Director Jeffrey W. Dunn sold 337 shares of SI-BONE, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On February 3, 2025, Jeffrey W. Dunn, a director of SI-BONE, Inc., sold 337 shares of common stock at a weighted average price of $16.5056.
• The sale was executed in multiple trades with prices ranging from $16.38 to $16.55.
• This transaction was to cover tax withholding obligations related to the vesting of restricted stock units and does not represent a discretionary trade.
• Dunn also transferred shares to The Jeffrey W. Dunn Living Trust Dated May 17, 2012.
• Following the reported transactions, Dunn directly owns 17,290 shares and indirectly owns 109,134 shares through the trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Related Party Transactions

• Shares were transferred to The Jeffrey W. Dunn Living Trust Dated May 17, 2012.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the stated reason (covering tax obligations) mitigates potential concerns.

Key Dates

Keywords

SI-BONE, Jeffrey W. Dunn, Form 4, Share Sale, Director, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Insider Trading