STOCK TITAN

SI-BONE (SIBN) director exercises options and sells common shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SI-BONE, Inc. director Timothy E. Davis Jr. reported an option exercise and related share sales. On May 28, 2026, he exercised options for 12,064 shares of common stock at $4.32 per share, then sold 3,780 shares at a weighted average price of $14.4706. On May 29, 2026, he sold an additional 3,500 shares at a weighted average price of $14.1394. Following these transactions, he held 65,722 shares directly. A footnote states that this holding includes 8,675 shares issuable on settlement of restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Davis Timothy E JR
Role null
Sold 7,280 shs ($104K)
Type Security Shares Price Value
Sale Common Stock 3,500 $14.1394 $49K
Exercise Stock Option (Right to Buy) 12,064 $0.00 --
Exercise Common Stock 12,064 $4.32 $52K
Sale Common Stock 3,780 $14.4706 $55K
Holdings After Transaction: Common Stock — 65,722 shares (Direct, null); Stock Option (Right to Buy) — 0 shares (Direct, null)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $14.45 USD to $14.505 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. This transaction was executed in multiple trades at prices ranging from $14.12 USD to $14.15 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. Includes 8,675 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. The shares subject to the option are fully vested and immediately exercisable.
Shares sold May 29, 2026 3,500 shares at $14.1394 Open-market sale of common stock
Shares sold May 28, 2026 3,780 shares at $14.4706 Open-market sale of common stock
Options exercised 12,064 shares at $4.32 Exercise of stock option into common stock
Shares held after transactions 65,722 shares Direct ownership following reported trades
RSUs included 8,675 shares Shares issuable on settlement of restricted stock units
Exercised option expiration July 26, 2026 Expiration date of exercised stock option
Net shares sold 7,280 shares Net sell direction across reported sales
weighted average sale price financial
"the price reported above reflects the weighted average sale price"
restricted stock units financial
"Includes 8,675 shares issuable on the settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
fully vested and immediately exercisable financial
"The shares subject to the option are fully vested and immediately exercisable"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Davis Timothy E JR

(Last)(First)(Middle)
C/O SI-BONE, INC.
471 EL CAMINO REAL, SUITE 101

(Street)
SANTA CLARA CALIFORNIA 95050

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SI-BONE, Inc. [ SIBN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026M12,064A$4.3273,002D
Common Stock05/28/2026S3,780D$14.4706(1)69,222D
Common Stock05/29/2026S3,500D$14.1394(2)65,722(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$4.3205/28/2026M12,064 (4)07/26/2026Common Stock12,064$0.000.00D
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $14.45 USD to $14.505 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.
2. This transaction was executed in multiple trades at prices ranging from $14.12 USD to $14.15 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.
3. Includes 8,675 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.
4. The shares subject to the option are fully vested and immediately exercisable.
Remarks:
/s/ Michael A. Pisetsky, Attorney-in-Fact for Timothy E. Davis, Jr.06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did SI-BONE (SIBN) director Timothy E. Davis Jr. report?

He reported exercising stock options for 12,064 common shares and selling a total of 7,280 shares in open-market transactions, while retaining 65,722 shares directly after the trades, according to the Form 4 filing.

At what prices did Timothy E. Davis Jr. sell SI-BONE (SIBN) shares?

He sold 3,780 shares at a weighted average price of $14.4706 and 3,500 shares at a weighted average price of $14.1394, with each sale executed in multiple trades within narrow intraday price ranges.

How many SI-BONE (SIBN) shares does Timothy E. Davis Jr. hold after these transactions?

After the reported option exercise and share sales, he directly holds 65,722 shares of SI-BONE common stock, which a footnote explains includes 8,675 shares issuable upon settlement of restricted stock units.

What stock options did Timothy E. Davis Jr. exercise in this SI-BONE (SIBN) Form 4?

He exercised a fully vested stock option covering 12,064 shares of SI-BONE common stock at an exercise price of $4.32 per share, and the option position was reduced to zero after the exercise.

Were Timothy E. Davis Jr.’s SI-BONE (SIBN) share sales single trades or aggregated?

Both sale transactions were executed in multiple trades within stated price ranges. The Form 4 reports weighted average sale prices and offers to provide detailed breakdowns of shares sold at each separate price.