Thanks for checking this so quickly!
Please find attached a fragment from the analytical solution by Carranza‑Torres & Fairhurst (1999) for the same case (GSI = 40), as well as a numerical analysis that was run in PLAXIS, which matches the analytical Ground Reaction Curve quite well.
This is why I believe the input parameters (σci, mb, s, a, s3cv, etc.) are correct, and the model should exhibit yielding once the internal pressure drops below approximately 2.6 MPa, as shown in the analytical curve as well as in the numerical.
Best regards,
Santiago