February 6, 2026 · Form 4 insider transaction
Ball Robert Joseph bought 10,000 shares of SHOULDER INNOVATIONS, INC. at $2.48 per share, a transaction worth $24.8K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Includes the following shares received without consideration as in-kind distributions: (i) 110,331 shares from Genesis Investment Holdings; (ii) 7,859 shares from cultivate(MD) Capital Accelerator Fund, L.P.; (iii) 6,948 shares from Cultivate MD Capital Fund I, LLC; and (iv) 19,348 shares from Cultivate MD Capital Fund II, LP. In prior reports, the reporting person reported beneficial ownership of 120,118 shares of Shoulder Innovations common stock held directly.