SIBN.NASDAQSi-bone, INC

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

Sentiment:

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

DateDescription
May 17, 2012Date of The Jeffrey W. Dunn Living Trust
05/01/2025Date of the share sale transaction
05/02/2025Date 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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