Form 4: SI-BONE Inc. Executive Anthony J. Recupero Sells Shares Under 10b5-1 Trading Plan

Anthony J. Recupero, President of Commercial Operations at SI-BONE, Inc., sold 3,330 shares of common stock at a price of $16.8237 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On March 13, 2024, Anthony J. Recupero, President of Commercial Operations at SI-BONE, Inc., sold 3,330 shares of the company's common stock.
• The transaction was executed at a price of $16.8237 per share.
• The sale was conducted under a 10b5-1 trading plan.
• Following the transaction, Recupero directly owns 255,760 shares of SI-BONE, Inc., which includes 174,255 shares issuable on settlement of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the executive planned the sale in advance to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates