SCHEDULE: Vanguard Group Exits SI-BONE Stake After Internal Realignment

The Vanguard Group reported zero beneficial ownership in SI-BONE Inc. common stock following an internal realignment effective January 12, 2026.

Summary

• The Vanguard Group filed an Amendment No. 1 to Schedule 13G for SI-BONE Inc. common stock.
• As of the event date March 13, 2026, The Vanguard Group reported 0% beneficial ownership of SI-BONE Inc. common stock.
• This change is due to an internal realignment within The Vanguard Group, Inc. effective January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions now report beneficial ownership separately, and The Vanguard Group, Inc. no longer has deemed beneficial ownership over these securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing for SI-BONE Inc., as it primarily reflects an internal organizational change at Vanguard rather than a direct investment decision regarding SI-BONE's prospects.

Future Outlook

NA

Management Comments

• On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment.
• Certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

Industry Context

StockSavvy.ai notes that such internal realignments are common among large asset managers like Vanguard, often driven by operational efficiencies or regulatory compliance, and do not necessarily reflect a change in investment thesis for the underlying company, SI-BONE Inc., by Vanguard's broader family of funds.

Stakeholder Impact

• Shareholders of SI-BONE Inc. might note the change in Vanguard's direct reporting, but it does not necessarily imply a change in overall institutional ownership by Vanguard's various funds.

Key Dates

Keywords

Vanguard Group, SI-BONE Inc, Schedule 13G, Beneficial Ownership, Internal Realignment, Common Stock, Investment Adviser