RECUPERO ANTHONY J 4
4 · SI-BONE, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
SI-BONE (SIBN) Former President Anthony Recupero Sells Shares
What Happened
Anthony J. Recupero, listed as Former President, Commercial Operations, sold a total of 21,049 SI-BONE (SIBN) shares on 2026-02-17 in multiple open‑market transactions. The sales were reported at weighted average prices of $15.28, $15.42, $15.41 (two separate lots), and $15.45, for aggregate proceeds of approximately $324,204. Per the filing, these sales were “sell‑to‑cover” transactions to satisfy tax withholding on vested restricted stock units, not discretionary market trades.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely).
- Shares sold: 21,049 total across five lots (2,091; 3,040; 1,710; 11,143; 3,065).
- Reported proceeds (approx.): $324,204 total.
- Prices: weighted averages shown for each lot; trade prices across the executions ranged roughly from $15.15 to $15.62 (filing notes that detailed per‑trade prices are available on request).
- Reason: Footnote states these sales were to cover tax withholding on RSU vesting (F1) — a routine, non‑discretionary sell‑to‑cover.
- Holdings after transaction: the filing notes inclusion of 83,423 shares issuable upon settlement of restricted stock units (F5); the filing does not report any additional change suggesting discretionary sale of other holdings.
- No indication of a 10b5‑1 plan or other trading arrangement; filing appears timely.
Context
Sell‑to‑cover transactions are common when restricted stock units vest and the company or insider uses a portion of the shares to pay required taxes; such sales are typically administrative and do not necessarily signal the insider’s view on the company. Purchases (when they occur) are generally a stronger insider sentiment signal than routine tax‑related sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-17$15.28/sh−2,091$31,955→ 262,376 total - Sale
Common Stock
[F1][F3]2026-02-17$15.42/sh−3,040$46,862→ 259,336 total - Sale
Common Stock
[F1][F4]2026-02-17$15.41/sh−1,710$26,347→ 257,626 total - Sale
Common Stock
[F1][F3]2026-02-17$15.41/sh−11,143$171,675→ 246,483 total - Sale
Common Stock
[F1][F3][F5]2026-02-17$15.45/sh−3,065$47,365→ 243,418 total
Footnotes (5)
- [F1]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.
- [F2]This transaction was executed in multiple trades at prices ranging from $15.15 USD to $15.48 USD; the price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]This transaction was executed in multiple trades at prices ranging from $15.23 USD to $15.62 USD; the price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]This transaction was executed in multiple trades at prices ranging from $15.26 USD to $15.52 USD; the price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Includes 83,423 shares issuable on the settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.