Form 4: SI-BONE Director Jeffrey W. Dunn Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Jeffrey W. Dunn sold 336 shares of SI-BONE, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On May 1, 2025, Jeffrey W. Dunn, a director of SI-BONE, Inc., sold 336 shares of common stock at a weighted average price of $13.775 per share.
- The sale was executed in multiple trades with prices ranging from $13.69 to $13.87.
- This transaction was to cover tax withholding obligations associated with the vesting of restricted stock units and does not represent a discretionary trade.
- Following the transaction, Dunn directly owns 12,536 shares, including 12,056 shares issuable on the settlement of restricted stock units.
- Dunn also indirectly owns 111,933 shares through The Jeffrey W. Dunn Living Trust dated May 17, 2012.
- The transfer of shares from the Reporting Person to The Jeffrey W. Dunn Living Trust dated May 17, 2012.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (sale of shares to cover taxes) and doesn't contain 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 company executives and directors.
Key Dates
| Date | Description |
|---|---|
| May 17, 2012 | Date of The Jeffrey W. Dunn Living Trust |
| 05/01/2025 | Date of the share sale transaction |
| 05/02/2025 | Date of signature on the Form 4 filing |
Keywords
SI-BONE, Jeffrey W. Dunn, Form 4, Director, Share Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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