SIBN.NASDAQSi-bone, INC

Form 4: SI-BONE SVP, Ops & Adm/Chief Legal Ofr Michael A. Pisetsky Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4


Michael A. Pisetsky, SVP, Ops & Adm/Chief Legal Ofr of SI-BONE, Inc., sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

  • On May 16, 2025, Michael A. Pisetsky, SVP, Ops & Adm/Chief Legal Ofr of SI-BONE, Inc., sold shares of the company's common stock.
  • The sales were executed in multiple transactions at varying prices.
  • A total of 3,459 shares were sold at weighted average prices of $19.7031, $19.1803, and $19.6607.
  • These sales were conducted to cover tax withholding obligations associated with the vesting of restricted stock units and do not represent discretionary trades.
  • Following the reported transactions, Pisetsky beneficially owns 264,808 shares of SI-BONE, Inc.
  • This includes 2,022 shares acquired under the SI-BONE, Inc. 2018 Employee Stock Purchase Plan on May 15, 2025.
  • It also includes 151,186 shares issuable on the settlement of restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document reports routine stock sales for tax obligations.

Industry Context

This is a routine Form 4 filing related to insider stock sales to cover tax obligations, which is a common practice among corporate executives.

Stakeholder Impact

  • The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

DateDescription
05/15/20252,022 shares acquired under the SI-BONE, Inc. 2018 Employee Stock Purchase Plan
05/16/2025Date of stock sale transactions
05/20/2025Date of signature on the Form 4

Keywords

SI-BONE, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Michael A. Pisetsky

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