Form 4: SI-BONE Executive Sells Shares Under 10b5-1 Plan

SI-BONE's SVP, Operations & Administration/Chief Legal Officer, Michael A. Pisetsky, sold 19,600 shares of common stock for approximately $20.15 per share.

Summary

• Michael A. Pisetsky, SVP, Operations & Administration/Chief Legal Officer of SI-BONE, Inc. (SIBN), sold 19,600 shares of common stock.
• The transaction occurred on December 18, 2025.
• The shares were sold at a weighted-average price of $20.1494 per share, with individual sales ranging from $20.00 to $20.26.
• The sale was executed pursuant to a Rule 10b5-1 trading plan established on June 13, 2025.
• Following the transaction, Mr. Pisetsky beneficially owns 231,896 shares of SI-BONE common stock, which includes 125,823 shares issuable upon settlement of restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale under a 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to new information, thus having a neutral impact on sentiment.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned liquidity event rather than a reaction to immediate company news.

Negatives

• An insider sale, even if pre-planned, reduces the executive's direct equity stake in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A minor reduction in an executive's direct equity stake, but mitigated by the pre-planned nature of the sale.

Key Dates

Keywords

SIBN, SI-BONE, Michael A. Pisetsky, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan