This is a routine 10b5-1 plan sale by a director with no officer role. The plan was established months ago (May 2026) and the insider has been executing periodic sales under it since August 2026. No new signal — monitor for any deviation from the plan pattern or for officer/CEO sales.
Price Chart
Executive Summary
Director Laura Francis (via the David & Laura Francis Joint Revocable Trust) filed a Form 144 notice of intent to sell 38,006 shares of SI-BONE common stock, with an approximate market value of $736,176 based on the October 12, 2026 NASDAQ price. The shares were acquired upon vesting of restricted stock units between May 2021 and November 2025, and the sale is being executed under a 10b5-1 trading plan established on May 21, 2026. This is a routine, pre-planned insider sale by a director with no officer role, and the dollar amount is modest relative to the company's market cap.
Key Facts
- Insider: Laura Francis (Director, via David & Laura Francis Joint Revocable Trust)
- Shares to be sold: 38,006 shares of common stock
- Estimated value: $736,176.22 (based on $19.37/share on 10/12/2026)
- Shares acquired via RSU vesting from 5/15/2021 to 11/15/2025
- Sale is under a 10b5-1 trading plan dated 5/21/2026
- Prior sales under same plan: 8/17/2026 (14,956 shares), 8/20/2026 (51,884 shares), 8/21/2026 (3,923 shares), 8/24/2026 (25,972 shares)
- Form 144 filed 10/13/2026 due to EDGAR closure on 10/12/2026 (Columbus Day)
Financial Impact
Proposed sale of 38,006 shares valued at ~$736,176; represents a small fraction of total shares outstanding (44.8M shares) and is consistent with prior 10b5-1 plan sales.
Risk Factors
- Insider selling under a 10b5-1 plan is pre-scheduled and not opportunistic, but large unplanned sales outside the plan would be a concern.
- No officer or CEO selling in this filing — director-level sales carry less informational content.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010155 |
| Document: 0001950047-26-010155-index.html | 0001950047-26-010155 |
| Document: 0001950047-26-010155.txt | 0001950047-26-010155 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $20.54 | awaiting T+20 | — | $21.48 (+4.58%) |
Oct 13, 2026 13d ago | 144 | $19.68 | awaiting T+20 | — | $21.48 (+9.15%) |
Aug 26, 2026 8w ago | Insider Cluster | $19.20 $18.52 | ▲ +3.54% | ▲ +3.03% | $21.48 (−11.87%) |
Aug 21, 2026 9w ago | Insider Cluster | $19.47 $18.81 | ▲ +3.39% | ▲ +4.70% | $21.48 (−10.32%) |
Aug 21, 2026 9w ago | 144 | $19.47 $18.81 | ▼ −3.39% | ▼ −4.70% | $21.48 (+10.32%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.91 $18.04 | ▼ −9.39% | ▼ −7.44% | $21.48 (+7.89%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.91 $18.04 | ▼ −9.39% | ▼ −7.44% | $21.48 (+7.89%) |
Aug 3, 2026 12w ago | Press Release | $18.44 $18.92 | ▲ +2.60% | ▲ +3.84% | $21.48 (+16.49%) |
Jun 8, 2026 20w ago | Insider Cluster | $15.53 $17.30 | ▲ +11.40% | ▲ +9.95% | $21.48 (+38.31%) |
Jun 8, 2026 20w ago | 8-K | $15.53 $17.30 | ▲ +11.40% | ▲ +9.95% | $21.48 (+38.31%) |
US Market Status
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