CEO Laura Francis trust sells 55,807 SI-BONE (SIBN) shares
Rhea-AI Filing Summary
SI-BONE, Inc. (SIBN) reported that a trust associated with Chief Executive Officer and director Laura Francis sold shares of Common Stock under a Rule 10b5-1 trading plan dated May 21, 2026. On August 20, 2026, the trust sold 51,884 shares at a weighted-average price of $19.46 per share, in multiple transactions ranging from $19.10 to $19.73. On August 21, 2026, it sold an additional 3,923 shares at a weighted-average price of $20.02, in trades ranging from $20.00 to $20.05. Following these transactions, Laura Francis directly holds 493,900 shares, including 355,697 shares issuable upon settlement of restricted stock units.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 55,807 shares
Net Sell
3 txns
Insider
FRANCIS LAURA
Role
Chief Executive Officer
Sold
55,807 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4, F3 | 3,923 | $20.02 | $79K |
| Sale | Common Stock F1, F2, F3 | 51,884 | $19.46 | $1.01M |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 317,463 shares (Indirect, by Trust);
Common Stock — 493,900 shares (Direct)
Footnotes (5)
- F1. The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan dated May 21, 2026.
- F2. The price reported in column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $19.10 to $19.73, inclusive. The Reporting Person undertakes to provide the Issuer, any securityholder 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 these footnotes.
- F3. Shares held by The David & Laura Joint Rev Tr.
- F4. The price reported in column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $20.00 to $20.05, inclusive. The Reporting Person undertakes to provide the Issuer, any securityholder 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 these footnotes.
- F5. Includes 355,697 shares issuable on settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one shares of the Issuer's common stock.
Key Figures
Shares sold August 20, 2026: 51,884 shares
Weighted-average price August 20, 2026: $19.46 per share
Shares sold August 21, 2026: 3,923 shares
+5 more
8 metrics
Shares sold August 20, 2026
51,884 shares
Indirect sale by trust associated with CEO Laura Francis
Weighted-average price August 20, 2026
$19.46 per share
Sales in multiple transactions from $19.10 to $19.73
Shares sold August 21, 2026
3,923 shares
Indirect sale by trust associated with CEO Laura Francis
Weighted-average price August 21, 2026
$20.02 per share
Sales in multiple transactions from $20.00 to $20.05
Total shares sold in reported transactions
55,807 shares
Two open-market sales on August 20-21, 2026
Shares held directly after transactions
493,900 shares
Direct holdings of Laura Francis following reported sales
Restricted stock units included in holdings
355,697 shares
Shares issuable on settlement of restricted stock units
Rule 10b5-1 trading plan date
May 21, 2026
Plan under which the reported sales were effected
Key Terms
Rule 10b5-1 trading plan, weighted-average price, restricted stock units
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The price reported in column 4 is a weighted-average price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
restricted stock units financial
"Includes 355,697 shares issuable on 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.
FAQ
What insider transactions did SIBN disclose for Laura Francis in this Form 4?
SIBN disclosed that a trust associated with CEO Laura Francis sold 51,884 shares of common stock on August 20, 2026 and 3,923 shares on August 21, 2026, both as open-market sales under a Rule 10b5-1 trading plan.
Were the SIBN insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan dated May 21, 2026, indicating the trades were pre-arranged under that plan rather than timed at the insider’s discretion.
What are the restricted stock units reported for Laura Francis in SIBN?
Laura Francis has 355,697 restricted stock units, each representing a contingent right to receive one share of SI-BONE common stock upon settlement, which are included in her reported 493,900 directly held shares after the transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.