Form 4: SI-BONE Former President Sells Shares for Tax Obligations

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

Summary

• Anthony J. Recupero, identified as the former President of Commercial Operations for SI-BONE, Inc. (SIBN), reported multiple sales of common stock.
• The transactions occurred on February 17, 2026, and involved a total of 21,049 shares of common stock.
• The sales were executed at weighted average prices ranging from $15.2821 to $15.4535 per share.
• These sales were non-discretionary, specifically undertaken to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following these transactions, Anthony J. Recupero beneficially owns 243,418 shares of common stock, which includes 83,423 shares issuable upon the settlement of restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transactions are non-discretionary 'sell to cover' sales for tax purposes, which are routine and do not reflect a change in the reporting person's investment sentiment or the company's fundamentals.

Future Outlook

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

Management Comments

• The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
• The sale satisfies the tax withholding obligations to be funded by a 'sell to cover' transaction and does not represent a discretionary trade by the Reporting Person.

Industry Context

StockSavvy.ai notes that 'sell to cover' transactions are a common and routine occurrence for executives and insiders when restricted stock units (RSUs) vest. These non-discretionary sales are typically for tax purposes and do not usually signal a change in management's confidence in the company's prospects, distinguishing them from discretionary open-market sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as the sale is non-discretionary and for tax purposes, not indicative of a change in company outlook.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

The reported insider sales are non-discretionary 'sell to cover' transactions, which are routine for tax obligations upon RSU vesting. Such transactions do not typically signal a change in the company's fundamental outlook or management's confidence, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

SIBN, SI-BONE, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Anthony J. Recupero