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SI-BONE Executive Compensation (FY25)

SIBN · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 11, 2026Latest filing (8-K): June 8, 2026
3 filings cited on this page
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SI-BONE brief$1,500Get the executive brief
152 figures on this page: 150 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Laura Francis
Latest say-on-pay support
=
June 4, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Laura Francis: $7,087,404 → $7,453,235 (5.2% higher)
CEO pay ratio: 39:1 → 41:1 (5.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is SI-BONE's chief executive and what were they paid?
Total compensation for Laura Francis, Chief Executive Officer, came to $7,453,235 in fiscal 2025. Francis' total moved 5.2% higher from the $7,087,404 reported for fiscal 2024.
What was SI-BONE's say-on-pay result?
Shareholders recorded 92.8% support for the say-on-pay proposal at the meeting held June 4, 2026 for fiscal 2025.
Which companies are in SI-BONE's peer group?
The disclosed peer group includes Alphatec Holdings, Inc., Artivion, Inc., Axogen, Inc., Cerus Corporation and LeMaitre Vascular, Inc., among others.
What is SI-BONE's chief executive pay ratio?
The company reported a chief executive pay ratio of 41:1 for fiscal 2025, against median employee compensation of $181,059.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Laura Francis
Chief Executive Officer
◇—◇—◇——◇
Anthony Recupero
Former President, Commercial Operations
◇—◇—◇——◇
Anshul Maheshwari
Chief Operating Officer & Chief Financial Officer
◇—◇—◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Laura Francis
Chief Executive Officer
◇—◇—◇——◇
Anthony Recupero
Former President, Commercial Operations
◇—◇—◇——◇
Anshul Maheshwari
Chief Operating Officer & Chief Financial Officer
◇—◇—◇——◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Laura Francis
Chief Executive Officer
◇—◇—◇——◇
Anshul Maheshwari
Chief Operating Officer & Chief Financial Officer
◇—◇—◇——◇
Anthony Recupero
Former President, Commercial Operations
Departed during or after this year
◇—◇—◇——◇
Michael Pisetsky
Chief Business & Legal Affairs Officer
◇—◇—◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anshul MaheshwariPSU◇—◇—◇—◇
Anshul MaheshwariRSU◇——◇——◇
Anthony J. RecuperoRSU◇——◇——◇
Anthony J. RecuperoPSU◇—◇—◇—◇
Laura A. FrancisRSU◇——◇——◇
Laura A. FrancisPSU◇—◇—◇—◇
Laura A. FrancisPSU◇—◇—◇—◇
Michael A. PisetskyRSU◇——◇——◇
Michael A. PisetskyPSU◇—◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Anthony RecuperoRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Laura FrancisRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Michael PisetskyPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Anshul MaheshwariRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 3x annual Board cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alphatec Holdings, Inc. ATEC
  • Artivion, Inc. AORT
  • Axogen, Inc. AXGN
  • Cerus Corporation CERS
  • LeMaitre Vascular, Inc. LMAT
  • Orthofix Medical Inc. OFIX
  • OrthoPediatrics Corp. KIDS
  • Paragon 28, Inc. FNA
  • PROCEPT BioRobotics Corporation PRCT
  • Pulmonx Corporation LUNG
  • RxSight, Inc. RXST
  • Sight Sciences, Inc. SGHT
  • Silk Road Medical, Inc. SILK
  • STAAR Surgical Company STAA
  • Tactile Systems Technology, Inc. TCMD
  • Treace Medical Concepts, Inc. TMCI
  • Vericel Corporation VCEL
  • Zynex, Inc. ZYXI

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024April 7, 2025=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact SI-BONE disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where SI-BONE sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
152 figures on this page: 150 cited to the filing that reported them, 2 calculated from figures it prints.
150 cited to the filing
2 calculated from the filing

Documents cited

  1. 0001459839-26-000059
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0001459839-26-000049
    CEO PAY RATIO · Director Compensation · Grants of Plan-Based Awards · OUTSTANDING EQUITY AWARDS AT DECEMBER 31, 2025
  3. 0001459839-25-000066
    Item 5.07. Submission of Matters to a Vote of Security Holders.
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “SI-BONE executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/SIBN (accessed 2026).
Short form: data: Velarion

The SI-BONE brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
3 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Peers SI-BONE discloses

The companies named in SIBN's own disclosed peer group.

Alphatec Holdings, Inc.Artivion, Inc.Axogen, Inc.Cerus CorporationLeMaitre Vascular, Inc.Orthofix Medical Inc.OrthoPediatrics Corp.Paragon 28, Inc.PROCEPT BioRobotics CorporationRxSight, Inc.Sight Sciences, Inc.Silk Road Medical, Inc.STAAR Surgical CompanyTactile Systems Technology, Inc.Treace Medical Concepts, Inc.Vericel CorporationZynex, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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