SHOULDER INNOVATIONS, INC. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Points Jeffrey S. | Chief Financial Officer | Purchase | 1,005 | $14.98 | $15,055 | 54,445 | Dec 11, 2025 |
| Ball Robert Joseph | CEO & Executive Chairman | Purchase | 3,900 | $14.89 | $58,071 | 118,457 | Dec 11, 2025 |
| Points Jeffrey S. | CHIEF FINANCIAL OFFICER | Option Exercise | 13,264 | $2.48 | $32,895 | 50,845 | Sep 12, 2025 |
| Blue David Lawrence | SEE REMARKS | Option Exercise | 78,616 | $2.10 | $165,094 | 122,553 | Sep 12, 2025 |
| Ball Robert Joseph | CEO & EXECUTIVE CHAIRMAN | Purchase | 6,000 | $15.49 | $92,940 | 111,259 | Sep 11, 2025 |
| Ahearn Matthew Fraser | CHIEF OPERATING OFFICER | Option Exercise | 12,286 | $0.93 | $11,426 | 120,320 | Sep 11, 2025 |
| Carusi Michael A | — | C | 1,618,470 | — | — | 1,618,470 | Aug 1, 2025 |
| Points Jeffrey S. | CHIEF FINANCIAL OFFICER | Purchase | 50 | $15.00 | $750 | 50 | Aug 1, 2025 |
| Gilde Healthcare Holding B.V. | — | C | 537,326 | — | — | 2,280,482 | Aug 1, 2025 |
| Lightstone Ventures II (A), L.P. | — | Purchase | 266,666 | $15.00 | $3,999,990 | 1,885,136 | Aug 1, 2025 |
| Sidow Kevin K. | — | Award / Grant | 7,666 | — | — | 20,010 | Aug 1, 2025 |
| Ahearn Matthew Fraser | CHIEF OPERATING OFFICER | C | 67,242 | — | — | 108,035 | Aug 1, 2025 |
| Tansey Casey M | — | C | 1,686,403 | — | — | 1,686,403 | Aug 1, 2025 |
| Blue David Lawrence | SEE REMARKS | C | 43,937 | — | — | 43,937 | Aug 1, 2025 |
| Pardo Geoffrey B | — | C | 2,280,482 | — | — | 2,280,482 | Aug 1, 2025 |
| Buchholz Richard | — | Purchase | 5,000 | $15.00 | $75,000 | 12,666 | Aug 1, 2025 |
| BUCKMAN PAUL | — | C | 6,198 | — | — | 6,198 | Aug 1, 2025 |
| Ball Robert Joseph | CEO & EXECUTIVE CHAIRMAN | C | 85,888 | — | — | 103,259 | Aug 1, 2025 |