Si-Bone COO & CFO Anshul Maheshwari sells $94,078 in company stock

Anshul Maheshwari, the Chief Operating and Financial Officer at SI-BONE, Inc. (NASDAQ:SIBN), recently sold a total of 5,049 shares of the company’s common stock, totalling approximately $94,078, according to a Form 4 filing with the Securities and Exchange Commission. The stock was trading at $19.37 at the time, which is considered overvalued by InvestingPro's analysis.

On October 2, 2026, Maheshwari sold 3,318 shares in two transactions, with an average price of $18.19 per share, which covered tax withholding obligations related to the vesting of restricted stock units. The following day, he sold an additional 1,731 shares at $19.50 per share, amounting to $33,754, as part of a trading plan established on December 17, 2025.

Post these transactions, Maheshwari still holds 218,235 shares of SI-BONE common stock, including 160,823 shares to be issued upon the vesting of restricted stock units. The company, valued at $868 million, has seen a 51% return over the past six months, despite still being unprofitable. SI-BONE reported strong second-quarter 2026 results, beating Wall Street expectations with an adjusted loss of $0.09 per share and revenue growing by 15.2% to $56 million.

The company's stock experienced a decline in after-hours trading as investors looked towards its future outlook and spending plans, despite Canaccord Genuity maintaining its Buy rating and setting a price target of $27.00.