Form 4: SI-BONE Executive Sells Shares to Cover Tax Obligations

Anthony J. Recupero, President of Commercial Operations at SI-BONE, Inc., sold shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Anthony J. Recupero, President, Commercial Ops of SI-BONE, Inc., reported the sale of common stock on August 16 and August 19, 2024.
• The sales were executed to cover tax withholding obligations related to the vesting of restricted stock units and were not discretionary trades.
• On August 16, 2024, Recupero sold 311 shares at a weighted average price of $13.8563, 2,105 shares at a weighted average price of $13.837, and 1,489 shares at a weighted average price of $13.8353.
• On August 19, 2024, Recupero sold 2,087 shares at a weighted average price of $14.1683.
• Following these transactions, Recupero beneficially owns 236,717 shares of SI-BONE, Inc., including 144,542 shares issuable on settlement of restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral event. The stock sale is related to tax obligations and doesn't necessarily reflect the executive's sentiment about the company's future prospects.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who sell shares of their company's stock. It is important to note that these sales are often pre-planned and do not necessarily indicate a negative outlook on the company.

Key Dates