SI-BONE, Inc. 8-K

What Happened
On June 5, 2026, SI‑BONE, Inc. announced a Third Amendment to its office lease for its corporate headquarters at 471 El Camino Real, Santa Clara, CA (21,848 sq. ft.). The amendment extends the lease term for one month from August 1, 2026 to August 31, 2026 with base rent of $43,696 for that month and gives SI‑BONE an option to extend an additional month to September 30, 2026 on the same terms. The company also reported the creation of a direct financial obligation related to this lease amendment (see Item 2.03 referencing the lease). In the company’s 2026 Annual Meeting of Stockholders, 38,905,031 shares (≈88% of 44,243,715 outstanding) were present or represented and votes were recorded on director elections, ratification of PricewaterhouseCoopers LLP as auditor, and an advisory vote on executive compensation.

Key Details

• Lease: 21,848 sq. ft. at 471 El Camino Real, Santa Clara; Third Lease Amendment effective June 5, 2026.
• Rent/term: $43,696 base rent for Aug 2026; option to extend to Sept 30, 2026 under same terms.
• Annual meeting turnout: 38,905,031 shares present (≈88% of outstanding).
• Vote results: Directors elected — Jeffrey W. Dunn (For: 22,751,499; Withheld: 13,111,805; Broker non‑votes: 3,041,727) and John G. Freund, M.D. (For: 26,308,690; Withheld: 9,554,614; Broker non‑votes: 3,041,727). Auditor ratified (PwC) — For: 38,876,920; Against: 27,588; Abstain: 523. Advisory approval of executive compensation — For: 33,265,992; Against: 2,579,849; Abstain: 17,463; Broker non‑votes: 3,041,727.

Why It Matters
The lease amendment is a short, limited extension of SI‑BONE’s headquarters lease, creating a near‑term rental obligation (monthly base rent specified) and preserving flexibility with a one‑month extension option. For investors, this is a relatively small, short‑term operating cash commitment rather than a long‑term expansion. The annual meeting results confirm the company’s auditor and an advisory approval of executive pay; director elections and the level of withheld votes are disclosed for shareholders to assess governance and board support.