The dollar amount is too small to signal material bearish conviction — treat as routine portfolio diversification. Monitor next 10-Q for any guidance revision or operational update that might have prompted coordinated selling.
Price Chart
Executive Summary
Three top insiders at SI-BONE (CEO, CFO, Chief Legal Officer) sold a combined $153K in open-market transactions on August 17, 2026. While the dollar amount is modest relative to the $838M market cap (0.018%), the cluster involves the entire C-suite selling on the same day, which warrants attention.
Key Financial Metrics
Key Facts
- CEO Laura Francis sold $279K across 5 trades on Aug 17
- CFO Anshul Maheshwari sold $87K across 2 trades on Aug 17
- Chief Legal Officer Michael Pisetsky sold $69K across 2 trades on Aug 17
- Total cluster value of $153K represents 0.018% of SIBN's $838M market cap
- All trades were open-market sales on the same day (Aug 17)
Financial Impact
Total insider sales of $153K, representing 0.018% of market cap
Risk Factors
- Coordinated same-day C-suite selling could indicate undisclosed negative developments
- Insider sales may continue if this is the start of a broader distribution pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SIBN-1787120470496 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $20.54 | awaiting T+20 | — | $21.31 (+3.75%) |
Oct 13, 2026 13d ago | 144 | $19.68 | awaiting T+20 | — | $21.31 (+8.28%) |
Aug 26, 2026 8w ago | Insider Cluster | $19.20 $18.52 | ▲ +3.54% | ▲ +3.03% | $21.31 (−10.99%) |
Aug 21, 2026 9w ago | Insider Cluster | $19.47 $18.81 | ▲ +3.39% | ▲ +4.70% | $21.31 (−9.45%) |
Aug 21, 2026 9w ago | 144 | $19.47 $18.81 | ▼ −3.39% | ▼ −4.70% | $21.31 (+9.45%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.91 $18.04 | ▼ −9.39% | ▼ −7.44% | $21.31 (+7.03%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.91 $18.04 | ▼ −9.39% | ▼ −7.44% | $21.31 (+7.03%) |
Aug 3, 2026 12w ago | Press Release | $18.44 $18.92 | ▲ +2.60% | ▲ +3.84% | $21.31 (+15.56%) |
Jun 8, 2026 20w ago | Insider Cluster | $15.53 $17.30 | ▲ +11.40% | ▲ +9.95% | $21.31 (+37.22%) |
Jun 8, 2026 20w ago | 8-K | $15.53 $17.30 | ▲ +11.40% | ▲ +9.95% | $21.31 (+37.22%) |
US Market Status
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