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

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

Summary

• On May 16, 2025, Anthony J. Recupero, President of Commercial Operations at SI-BONE, Inc., sold a total of 4,047 shares of common stock.
• The sales were executed in multiple transactions at varying prices, ranging from $18.99 to $20.025 per share.
• These sales were conducted to cover tax withholding obligations associated with the vesting of restricted stock units and do not represent a discretionary trade.
• Following the reported transactions, Recupero beneficially owns 282,431 shares of SI-BONE common stock.
• This total includes 2,023 shares acquired under the SI-BONE, Inc. 2018 Employee Stock Purchase Plan on May 15, 2025, and 162,578 shares issuable on the settlement of restricted stock units.

Sentiment

Score: 5

Explanation: This Form 4 filing is a neutral event. It simply reports the sale of shares to cover tax obligations, which is a common practice. It doesn't provide any information that would significantly impact the sentiment towards the company.

Industry Context

This is a routine Form 4 filing, indicating insider transactions. It is common for executives to sell shares to cover tax obligations related to vesting equity awards. The filing itself doesn't necessarily indicate a positive or negative outlook for the company.

Key Dates

Keywords

SI-BONE, Recupero, stock sale, Form 4, insider trading, restricted stock units, tax withholding, SIBN, Employee Stock Purchase Plan