Ball Robert Joseph bought SI

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.

Direction
Acquired (buy-side)
Shares
10,000
Price
$2.48
Total value
$24.8K
Role—
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateFebruary 6, 2026
Filing dateFebruary 10, 2026
Shares owned after274,604
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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.

View the original Form 4 on SEC EDGAR