Form 4: SI-BONE Director Jeffrey W. Dunn Sells Shares to Cover Tax Obligations
SEC Form 4
Director Jeffrey W. Dunn sold 341 shares of SI-BONE, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On November 4, 2024, Jeffrey W. Dunn, a director of SI-BONE, Inc., sold 341 shares of common stock at a price of $13.55 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Dunn directly owns 22,040 shares and indirectly owns 106,330 shares through The Jeffrey W. Dunn Living Trust Dated May 17, 2012.
- The indirect holdings include 21,565 shares issuable upon the settlement of restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and directors. This transaction is a routine financial activity and doesn't necessarily indicate a change in the director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| May 17, 2012 | Date of The Jeffrey W. Dunn Living Trust |
| November 04, 2024 | Date of stock sale transaction |
| November 06, 2024 | Date of Form 4 filing |
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