SI-BONE (SIBN) CFO Anshul Maheshwari Sells 11,636 Shares

What Happened
Anshul Maheshwari, Chief Operating & Financial Officer of SI-BONE (SIBN), sold 11,636 shares on August 24, 2026 in an open-market transaction. The weighted-average sale price was $20.11 per share (range $20.00–$20.25), producing total proceeds of approximately $233,971. This was a sale (S), often considered a routine liquidity event rather than a signal of company outlook.

Key Details

• Transaction date: 2026-08-24; Form 4 filed 2026-08-26 (two days after the trade). The filing does not indicate a late report flag.
• Price: weighted-average $20.11; individual trades ranged $20.00–$20.25. The insider will provide a breakdown of shares sold at each price upon request (per the filing).
• Proceeds: ~$233,971 for 11,636 shares.
• Plan: Sale effected pursuant to a pre-established 10b5-1 trading plan dated December 17, 2025 (reduces inference about motives).
• Beneficial ownership note: The filing states it includes 167,604 shares issuable upon settlement of restricted stock units (RSUs) held by the reporting person. The Form 4 does not state a total post-transaction share count beyond this RSU disclosure.
• Transaction code: S = Sale. No option exercises, gifts, or tax-withholding transactions reported in this filing.

Context: Sales executed under a 10b5-1 plan are pre-scheduled and commonly used by insiders to sell shares without timing decisions tied to current company news. For retail investors, purchases are generally more informative of insider conviction; a sale under a 10b5-1 plan is typically routine liquidity management.