Maheshwari Anshul 4

What Happened Anshul Maheshwari, Chief Financial Officer of SI‑BONE (SIBN), sold a total of 4,666 shares in two transactions on May 18, 2026. The filings show disposals of 2,477 shares at $14.71 (proceeds $36,445) and 2,189 shares at $14.65 (proceeds $32,079), for combined proceeds of approximately $68,524 (weighted average price ≈ $14.69). These sales were reported as sell-to-cover transactions to satisfy tax withholding on vested restricted stock units, not discretionary open-market trades.

Key Details

• Transaction dates: May 18, 2026 (filed May 20, 2026 — appears timely).
• Reported sales: 2,477 shares @ $14.71 and 2,189 shares @ $14.65; total 4,666 shares; total proceeds ≈ $68,524.
• Trade execution: Executed in multiple trades at prices ranging $14.35–$14.84; reported prices reflect weighted averages (per footnote).
• Reason: Footnote states sales were to cover tax withholding on RSU vesting (sell-to-cover), not discretionary selling.
• Holdings noted in filing: includes 1,395 shares from an ESPP purchase (May 15, 2026) and 183,921 shares issuable upon settlement of restricted stock units (per footnotes). The filing does not list a single consolidated post-transaction beneficial ownership number in the summary provided here.

Context Sell-to-cover transactions are routine when restricted stock units vest and do not necessarily signal a change in the insider’s outlook. The filing explicitly identifies these sales as tax-withholding related (footnote), so treat this as administrative rather than a market-timing sale.