Maheshwari Anshul 4
4 · SI-BONE, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
SI-BONE (SIBN) CFO Anshul Maheshwari Sells 3,317 Shares
What Happened Anshul Maheshwari, Chief Financial Officer of SI-BONE (SIBN), reported the sale of 3,317 shares on July 2, 2026. The sales were executed as two transactions: 1,757 shares at a weighted-average price of $16.80 (≈ $29,521) and 1,560 shares at $16.73 (≈ $26,106), for total proceeds of roughly $55,627. These were sales (S) executed to satisfy tax-withholding obligations tied to restricted stock unit (RSU) vesting.
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 6, 2026.
- Reported sale sizes & prices: 1,757 shares @ $16.80 (weighted avg), 1,560 shares @ $16.73 (weighted avg).
- Price ranges: trades occurred across $16.48–$16.94 and $16.48–$16.955; reported prices are weighted averages (footnotes F2, F3).
- Reason: Sell-to-cover for tax withholding on RSU vesting (footnote F1). This was not a discretionary sale.
- Holdings note: Form indicates inclusion of 177,141 shares issuable upon settlement of RSUs (footnote F4).
- Transaction type: Sale to cover tax withholding (routine, not an open-market investment buy).
Context “Sell-to-cover” transactions are common when RSUs vest: the company or broker sells a portion of vested shares to cover required taxes. The filing notes this sale satisfied tax withholding obligations and is not presented as a discretionary trade by the CFO. For investors, purchases by insiders often carry more signal than tax-driven sales; this filing documents a routine tax-related disposition rather than an investment decision.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-02$16.80/sh−1,757$29,521→ 258,120 total - Sale
Common Stock
[F1][F3][F4]2026-07-02$16.73/sh−1,560$26,106→ 256,560 total
Footnotes (4)
- [F1]The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale satisfies the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]This transaction was executed in multiple trades at prices ranging from $16.48 USD to $16.94 USD; the price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]This transaction was executed in multiple trades at prices ranging from $16.48 USD to $16.955 USD; the price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Includes 177,141 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.