Nishimura Mika 4
Research Summary
AI-generated summary
SI‑BONE (SIBN) Director Mika Nishimura Sells 4,100 Shares
What Happened
Mika Nishimura, a director of SI‑BONE, sold 4,100 shares of the company's common stock in an open‑market sale on March 12, 2026. The reported weighted average sale price was $13.83 per share, for gross proceeds of approximately $56,700. This was a sale (S), which is often routine insider selling and not in itself an indicator of company performance.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (appears timely).
- Shares sold: 4,100; weighted average price: $13.83; gross proceeds: ~$56,700.
- Price range: trades executed between $13.82 and $13.86 — reported price is the weighted average (Footnote F1). Reporting person will provide trade-by-trade breakdown on request.
- Post-transaction holdings: not specified in the provided excerpt of the filing.
- Notable footnote (F2): filing references 8,675 restricted stock units (RSUs) issuable on settlement to the reporting person; each RSU is a contingent right to one share.
Context
Sales by directors can be for many personal or routine reasons (diversification, tax planning, etc.); they are factual disclosures rather than direct endorsements or criticisms of the company. This filing reports a straightforward open‑market sale; no option exercise, gift, or 10b5‑1 plan is indicated in the provided details.