Freund John Gordon 4
4 · SI-BONE, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
SI-BONE (SIBN) Director John Freund Receives 10,957 RSUs
What Happened
John Gordon Freund, a member of SI‑BONE’s board of directors, was granted 10,957 restricted stock units (RSUs) on 2026-06-04. The Form 4 reports the award at $0.00 per share (standard for RSU grants); the grant represents a contingent right to receive up to 10,957 shares of common stock upon settlement. This is an equity compensation award rather than a purchase or sale.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (filed within the required reporting window).
- Grant: 10,957 RSUs; reported acquisition price $0.00 (award/grant code A).
- Vesting: Per the filing, the RSUs vest 100% upon the earlier of the next annual stockholders’ meeting or one year from the Vesting Commencement Date, subject to continuous service as a director. (Footnotes F1 & F2)
- Shares after transaction: The filing does not specify total beneficial ownership after settlement on this Form 4.
- Related holdings: The filer is a general partner of John Freund Family Partnership IV, L.P., which holds shares the reporting person may be deemed to control; he disclaims beneficial ownership except for his pecuniary interest. (Footnote F3)
Context
RSU grants are common director compensation and do not require an immediate cash outlay; vesting and continued board service are conditions for receiving the underlying shares. This transaction is informational about compensation and potential future dilution but is not an outright purchase or sale indicating immediate market action.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-04+10,957→ 54,258 total
- 91,767(indirect: By Partnership)
Common Stock
[F3]
Footnotes (3)
- [F1]Reflects 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. The shares subject to the restricted stock unit will vest 100% upon the earlier of (i) the next annual general meeting of the stockholders of the Company or (ii) the date one year from the Vesting Commencement Date, subject to the Reporting Person's continuous service as a member of the Company's Board of Directors until such date.
- [F2]Includes 10,957 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.
- [F3]Shares held by John Freund Family Partnership IV, L.P. ("Family LP"). Reporting Person, a member of Issuer's board of directors, is a general partner of Family LP and may be deemed to have voting and investment power with respect to the securities held by Family LP. Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.