SI‑BONE (SIBN) CEO Laura Francis Sells 14,956 Shares

What Happened Laura Francis, CEO of SI‑BONE, sold a total of 14,956 shares in open-market transactions on August 17, 2026. The sales were executed in multiple trades with reported weighted prices around $18.52–$18.79 per share (individual reported averages: $18.66, $18.66, $18.66, $18.68, $18.63), generating aggregate proceeds of roughly $279,065. According to the filing, these sales were sell-to-cover transactions to satisfy tax withholding obligations from the vesting of restricted stock units, not discretionary sales.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 18, 2026 (timely filing).
• Shares sold: 3,892; 3,652; 3,203; 2,236; and 1,973 — total 14,956 shares.
• Prices: reported weighted averages per lot ~ $18.63–$18.68; executions ranged from $18.52 to $18.79 across trades.
• Proceeds: approximately $279,065 total.
• Reason/footnote: F1 — sale was to cover tax withholding on vested RSUs (sell-to-cover), not a discretionary trade; F2–F4 note multi-trade price ranges; F5 notes there are 355,697 shares issuable on settlement of RSUs to the reporting person.
• Shares owned after transaction: the filing excerpt does not list a total post-transaction common‑stock holding; it does note 355,697 RSUs are issuable on settlement.
• No indication this was part of a 10b5-1 plan or a gift; this was a tax-withholding sale.

Context Sell-to-cover transactions are routine when restricted stock units vest and the company or recipient sells a portion of shares to satisfy tax withholding. Such sales are administrative and do not necessarily signal the insider’s view on company prospects.